Gregory Management & Consulting Services Industry Blog.
Showing posts with label Economic Development. Show all posts
Showing posts with label Economic Development. Show all posts
Wednesday, December 27, 2017
Camden has a new development czar, and he feels the stars are finally aligning for the city
Kris Kolluri, CEO-select of Camden’s most ambitious economic development organization, says he vividly recalls the first time we spoke. It was 2015 and a brand-new, locally owned restaurant called Newtown Kitchen was being forced to relocate due to an “eds and meds” project.
Says Kolluri, who starts his Cooper’s Ferry Partnership job on Jan. 15: “You gave me an earful.”
So I suppose it’s only fair that fans of the 48-year-old Haddonfield father of two give me an earful as well.
Tuesday, December 5, 2017
Philly union presses pensions on nonunion hotel
Supporters of Unite Here Local 274 have been mobilizing political support to pressure public pension funds not to invest in a New York fund they say is backing the developer of a Center City convention hotel staffed by nonunion workers.
But hotel investors says the Aloft employs already employs lower-income workers.
Wednesday, October 18, 2017
Camden undaunted on Amazon headquarters bid, as N.J. backs Newark
Camden County officials say they plan to press forward with their bid to host Amazon’s second headquarters campus, even after the State of New Jersey announced that it would throw its weight — and offers of tax breaks — behind rival Newark’s efforts to lure the e-commerce giant.
Tuesday, September 26, 2017
Is Philly's public transit ready for Amazon's new headquarters?
The city that attracts Amazon’s new second headquarters would gain 50,000 jobs, billions of dollars in economic development, and potentially a lot more people on roads and public transportation.
A sudden influx of 50,000 workers is “an awful lot to dump into one place,” Seymour said. “But Philadelphia as a city has lost 50,000 workers.”
Wednesday, September 20, 2017
Big Plans Announced to Jumpstart Wayne Junction
Philly Office Retail and Mosaic Development Partners filled
Germantowners in on development plans designed to turn a major transit hub into
a hub of activity for Germantown and Nicetown.
At least this diner won’t be called the Trolley Car.
But the Trolley Car’s owner plans to open another one as one of the first pieces of a multi-part jigsaw puzzle which, when completed, aims to turn the derelict industrial properties around Wayne Junction station into a mixed-use activity hub at the hinge where Germantown and Nicetown meet.
Wednesday, August 30, 2017
Building a region: Lancaster and Lebanon county companies shape the landscape of Central PA
Jeffrey Steckbeck was born and raised in Lebanon County.
He went to college at Penn State University. But then he
left the area to work as an engineer at a big firm in Texas. He had great
experiences and learned a lot, but when it came time to settle down and build a
family and business several years later, he returned to his roots.
He founded Steckbeck Engineering & Surveying in 1990,
and it quickly grew to become the dominant firm in Lebanon County. “There was a
void in my hometown, and everybody wanted to use me,” he said. These days, his
company is among the Lebanon and Lancaster county firms that work in the local
construction industry to shape the landscape of Central Pennsylvania.
Steckbeck Engineering & Surveying does work for 5 of
the 6 school districts in Lebanon County, 16 of the county's 26 municipalities
and many of the largest businesses in the county. The firm has worked with Bell
& Evans on projects at its existing chicken-processing facility and just
finished a $30 million state-of-the art hatchery nearby.
“I am humbled, grateful and proud that people have relied
upon me and my employees to help them,” Steckbeck said.
Having that kind of reputation and relationships with
local clients is a big part of why other local companies enjoy doing business
in their home area.
Matt Hartzler, president of Warfel Construction, said
many of his company’s clients are repeat customers, some becoming clients for
life. He said he enjoys projects such as the North Cornwall Medical Center,
where the East Petersburg-based general contractor gets to work with other
local companies.
“This area is known for quality craftsmen, and there are
a lot of good trade subcontractors we can work with,” said Hartzler. “Being
from the same area, we have similar approaches to business and make quality a
part of what we want to do.”
Brent Kreider, president of B.R. Kreider & Son, Inc.,
which performs excavation, paving and site management, said employees of his
Manheim-based company get to work with members of the local community at all
levels, from individual homeowners who need their driveways paved to large
retail projects such as The Shoppes at Belmont, a mixed-use development at the corner
of Route 30 and Fruitville Pike in Lancaster.
“There are a lot of good people, good businesses and good
nonprofits here, and it’s so rewarding to be able to work alongside them to
achieve their different missions,” said Kreider. “I really appreciate all the
connections that take place.”
B.R. Kreider & Son associates are typically the first
ones to arrive on the site of a project — to excavate and prepare the land —
and the last ones to leave after putting the finishing touches on asphalt and
paving.
“It’s fun to see both ends,” Kreider said. “There’s a
sense of pride when you look around the area and you see a project you have
been part of. That’s really neat and that’s what gets us excited.”
For a specialty contractor like The Witmer Group of Mount
Joy, which specializes in masonry, concrete and façade restoration, and
historic preservation, this area of Pennsylvania is a fabulous place to work.
“There are a lot of beautiful buildings here with
historic significance,” said CEO Todd Witmer. Many colleges and churches invest
in their properties and want to care for their buildings. “We do pretty much
everything that is on the exterior of a building, so the results of our work
are very evident. You get this great sense of satisfaction from making things
last another 50 years.”
When visitors come to the area, he said they are often
most impressed by the well-kept buildings that they may not see in their home
areas. “It’s a real draw,” he said.
Witmer said at least half of his company’s work is done
in Lancaster, Lebanon, Dauphin and York counties. He notes that a vibrant and
diversified local economy keeps the region more insulated from economic highs
and lows that other parts of the country experience at times.
Wednesday, July 12, 2017
Amtrak zeroes in on a 30th St. Station Plaza as district plan progresses
Amtrak wants to replace the traffic-choked snarl that
surrounds Philadelphia’s 30th Street Station with tree-canopied public spaces
in an early step toward realizing the transit corporation’s $6.5
billion redevelopment vision for a huge adjacent swath of University City.
The passenger-rail operator plans to present a proposal
for what it is calling 30th Street Station Plaza at an open house at the station
late Wednesday afternoon.
Friday, May 26, 2017
Independence Seaport Museum pins redevelopment plans on Penn's Landing Park
As budget proposals from Mayor Jim
Kenney and Gov. Tom
Wolf began to chip away at the $250 million needed to fund the creation of
an 11-acre park capping I-95 near Penn's Landing, another player in the future
of the Delaware riverfront has been keeping a close watch on the project.
"We are keeping a sharp eye out for what the
timeline will be on the park," said Independence Seaport Museum President
and CEO John
Brady in an interview with the Business Journal.
A 2014 feasibility study from the Delaware River
Waterfront Corp. on the redevelopment of Penn's Landing indicated the Seaport
Museum would undergo construction as part of the plans.
Sunday, April 23, 2017
The state of Center City Philadelphia - 2017
As a graying boomer living in Philadelphia for more than
40 years, I'm still amazed by the density of pedestrians, even on Sunday and
Monday evenings when the place used to be empty. Sure, I'm getting older, but
they're really getting younger! It's not just the 107,000 students attending
colleges, universities, and medical schools in and around downtown; 40 percent
of Greater Center City's full-time population is now age 20 to 34. Boomers,
take solace. We're the second-largest demographic downtown and grandparents can
smile that 33,471 children have been born to Center City parents. Just watch
out for the strollers!
Friday, April 21, 2017
New A.C. master plan means new zoning for South Inlet
A huge portion of vacant land surrounding the former
Revel casino in Atlantic City can now be filled with mixed-use residential
properties following the Casino Reinvestment Development Authority's approval
of a new master plan for the battered Shore resort town.
The change is meant to spur development in Atlantic City,
which has seen an uptick in investment in recent months.
The land had previously been designated strictly casino
commercial, and the CRDA's approval relaxes zoning to allow for mixed-use
residential projects in the city's Tourism District in the South Inlet, Lance Landgraf, of the CRDA, told Philly.com.
Deadline extended again for former Camden prison site
The New Jersey Economic Development Authority has for a
second time extended the deadline for developers to express interest in the
former Riverfront State Prison, a parcel that some have called the “most
valuable piece of real estate in North Camden.”
The EDA began in November 2016 to seek out developers for
the nearly 9-acre tract that fronts the Delaware River through an open bid
process that asked them to submit their qualifications as a first step in a
process to develop the property.
The property fronts the Delaware River and has views of
Philadelphia.
Friday, April 7, 2017
Kinsley picked for Yorktowne renovation
York County-based Kinsley Construction Inc. has been
chosen as construction manager for the Yorktowne Hotel renovation project in
downtown York.
Kinsley was unanimously chosen by the hotel's owners, the York County Industrial
Development Authority, at its meeting Tuesday morning.
The Yorktowne closed in November for what its owners have
called a two-year, $20 million renovation project.
Monday, April 3, 2017
Camden trainees making transition to jobs
CAMDEN - It is not, Bob Schiavinato said, a social
welfare program.
"It's a social justice program," he said,
sitting in a construction trailer outside what will soon become Camden Prep, a
Renaissance school rising on Haddon Avenue in the city's Parkside neighborhood.
"It's getting everyone to the same starting line."
Schiavinato was talking about the Camden Construction
Careers Initiative, and about the Union Organization for Social Service (UOSS),
and efforts to make sure city residents benefit from the many construction jobs
at projects all over the city.
Monday, March 20, 2017
DRIVING INDUSTRIAL GROWTH: New Route 33 interchange opens eastern Norco to explosive development
When Route 33 was extended to Interstate 78 in 2002, it quickly led to retail and, later, health care development in southern Northampton County.
Logistics centers and warehouses, meanwhile, were slower to develop along the Route 33 corridor in Northampton County.
Not anymore.
The 2015 opening of the long-awaited Charles Chrin interchange in Palmer Township has led to scores of millions of dollars in distribution centers near Route 33 in the township.
Tuesday, February 28, 2017
Philadelphia to offer free rent to lure suburban companies: Report
Up to 25 suburban companies willing to move at least 20
of their employees into the city could receive thousands of dollars in free
rent, according to a new report.
On Monday, the city announced it would reveal details of
a "new incentive program" that "aims to attract suburban
companies and other enterprises outside of Philadelphia to set up satellite
offices in the city" on Tuesday.
Friday, February 17, 2017
Surge of new apartments could tip central Philly into surplus, study finds
The
surging number of rental apartment projects in and around Center City will
likely result in a surplus that lifts vacancies and lowers rents, according to
a report released Thursday by the Center City District business-improvement
group.
A
total of 3,127 new units are scheduled for delivery this year in an area
largely bounded by Girard Avenue to the north and Tasker Street to the south,
between the Schuylkill and the Delaware River, the report’s authors said.
Wednesday, February 1, 2017
Updates: Philly's top office landlord seeks tax reform, says Council drives off jobs
(Update re Council position on tax reform below) Add
Jerry Sweeney, CEO at Brandywine Realty Trust, which owns most of the high-rise
offices in Center City and University City, to the business people who say
Philadelphia's progressive wage and hiring initatives are doing more harm than
good to the city's slow-grow workforce. (See my column in Sunday's Inquirer.)
Tuesday, January 31, 2017
With $500 million to spend, Council and Kenney administration clash over terms of Rebuild
It was a dramatic few months in City Hall, as City
Council weighed Mayor Kenney’s proposed tax on sugary drinks.
But that was only the first act.
As the second begins, tensions are already building.
Up next is a debate over the mechanics of Rebuild, a $500
million overhaul of the city’s parks, recreation centers, and libraries that
the soda tax will in part fund.
Monday, January 30, 2017
Land Bank revises targets in 2017 strategic plan
We are seeing first hand why the land bank may not be as
efficient as it could be,” Aviva
Kapust, executive director of the Village of Arts and Humanities, told the
Philadelphia Land Bank board in a public hearing on January 5. “Two days ago,
we were informed that two of our properties in the middle of the art park, two
of those privately-owned tax delinquent parcels which were meant to not be on
the Sheriff's Sale list were mistakenly added to it. And they were purchased.”
Corcoran to retire from waterfront organization
Tom
Corcoran, who was appointed as the first president of the Delaware River
Waterfront Corp. when it was formed in 2009, has decided to retire.
Corcoran
told the organization’s board that he intends to step down on June 30.
Joe
Forkin, who has served as executive vice president for development and
operations at the DRWC, will assume the role of president effect July 1.
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