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In 2015 and 2016 more than 20% of all office leasing activity downtown came from tenants moving in from outside Philadelphia. Some relocations have been large, while most newcomers to the Philadelphia market have leased small or gateway offices to access the educated workers who live in Greater Center City. The latest example: Malvern-based Vanguard Group announcement of a 16,000-sf innovation center at 2300 Chestnut Street.
While renewals continue in Philadelphia’s Class A space, older buildings and locations east of Broad also are demonstrating renewed appeal. How can Philadelphia build on these trends?
Come to the release of CPDC/CCD’s annual State of Center City report and hear from a panel on why companies are choosing to locate downtown and what the City of Philadelphia is doing to capitalize on this trend. |
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Harold Epps, Director of Commerce, City of Philadelphia
Pauline Scalvino, Head of Corporate Strategy, Vanguard
Paul R. Levy, Ex. Director, CPDC: Overview of the State of Center City report
CPDC members are encouraged to invite both young professionals and other members of their firms to attend this meeting. RSVP to Romina Gutierrez by Wednesday, April 19, at rgutierrez@centercityphila.org or 215.440.5543.
An overview may be found at
centercityphila.org/about/viaduct.php. |
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