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You are viewing 22 articles by the author Jim Saksa concerning Economic Development

    • Employees walk through a lobby at Amazon's Seattle headquarters. (AP Photo/Elaine Thompson)

Wharton Prof: There's no amount of money that would've swung Amazon

Hope can blind people to reality, hindsight is always 20-20, and as the dust settles around Philadelphia’s failed bid to woo Amazon, it’s become clear that the city never really had…

    • People walking in the shadow of Amazon’s headquarters in Seattle. (Megan Farmer/KUOW)

Philly's Amazon HQ2 loss could be a long-term win for city, experts say

Philadelphia won’t get the 50,000 jobs and $5 billion in investment that many hoped Amazon would deliver to the city. Instead, its HQ2 package is going to a pair of rival…

    • sprouts

Grocery stores are popping up in Philadelphia. Don't be fooled, the boom is over

As the sun peaked over the High School for Creative and Performing Arts across South Broad Street, a crowd of more 200 people stood on line in front of a new…

    • Starbucks chief executive officer Kevin Johnson and chief operating officer Rosalind Brewer emerge from a meeting with Philadelphia Mayor Jim Kenney that they said was

By admitting fault in arrest of two black men at Rittenhouse Starbucks, company may spare itself long-term damage to brand

The coffeeshop soundtrack is usually a reliable mix of inoffensive indie rock, porcelain clinking on countertops, and the caffeinated chitter chat of customers. But over the weekend and continuing on Monday,…

    • pizza brain

Philadelphia a hot spot among Millennials? Not so fast, researchers say.

Philadelphia’s ability to attract millennials has fueled plenty of boastful headlines and civic booster chatter in recent years, but a new study by the Brookings Institution raises concerns about how well…

    • Conceptual rendering of Schuylkill Yards, a site being put forth for Amazon's second headquarters | Brandywine Realty Trust

In next round of Amazon HQ2 competition, Philly's strong pharma industry may give the city an edge

When Amazon announced, last fall, that it was looking for a city to host a second headquarters, the company said it wanted pretty much what everybody wants in a home. Something …

    • blight bw

Pew Report: Philly’s poor have been stuck in the inner city, separated from suburban job growth

On Wednesday, Pew Charitable Trusts released a new study exploring the city’s infamous status as America’s poorest big city. “We know that Philadelphia is the poorest big city in the United…

    • A skyline photo of Center City taken from West Philadelphia.

“Quality of Life” is Philadelphia’s biggest selling point. Can it survive an Amazonian invasion?

Like nearly every other city in North America, Philadelphia is putting the final touches on its bid to convince Amazon to build its second headquarters here ahead of Thursday’s deadline. The…

    • Schuylkill, skyline | August 2016

Is Amazon too big for Philly’s kiddie-sized tech talent pool?

Like nearly every other city in North America, Philadelphia is putting the final touches on its bid to convince Amazon to build its second headquarters here ahead of Thursday’s deadline. The…

    • The 5:05 Express to Norristown arrives at Suburban Station

“Excellent” transportation network driving force behind Philly’s pitch to Amazon

Like nearly every other city in North America, Philadelphia is putting the final touches on its bid to convince Amazon to build its second headquarters here ahead of Thursday’s deadline. The…

    • Lightning striking the skyline

Not exactly prime: Philly’s taxing business environment doesn’t help odds of landing Amazon’s HQ2

Like nearly every other city in North America, Philadelphia is putting the final touches on its bid to convince Amazon to build its second headquarters here ahead of Thursday’s deadline. The…

    • skyline light

"Negadelphia" no more: In bid for Amazon's HQ2, city turns the page on an old narrative

Like nearly every other city in North America, Philadelphia is putting the final touches on its bid to convince Amazon to build its second headquarters here ahead of Thursday’s deadline. The…

    • Third Street in Northern Liberties. | Emma Lee/WHYY

Four reasons why Philadelphia is gentrifying

Should the city’s politicians ever come to a consensus on what to do about gentrification, a new paper from the Federal Reserve Bank of Philadelphia offers guidance on how to address…

    • Drew Nugent and his band play while the Peek-A-Book Revue gets ready to start dancing the Charleston at a realtor's open house in East Kensington.

As Philadelphia’s housing market booms, economists warn the city may be in a bubble—or something worse

Stephanie Somers knows how to throw a party. At an open house for a set of townhouses built out the shell of an 105-year-old rectory, the realtor picked a Prohibition theme.…

    • brookings cover

Brookings report calls for more local investment to unleash 'innovation district' potential

Before a room packed with Philadelphia’s business elites Thursday morning, Brookings Institution researchers described the city as standing on the precipice of greatness. All it will take is a little leap…

    • Two Flags | Michael Klusek, Flickr

Investor green card program that has greenlit Philly’s building boom faces uncertain future

Not all immigrants arrive tired, poor, or huddled in masses. Some are quite wealthy and rely on a program that trades green cards for massive investments—foreign dollars that have helped spark…

    • Packer Marine Terminal, Port of Philadelphia, 2013 | AP Photo/Matt Rourke

Gov. Wolf announces $292 million for Port of Philadelphia to expand container capacity

Governor Tom Wolf announced plans to double container capacity at the Port of Philadelphia via a $292 million capital investment from Harrisburg, promising 2,250 new jobs. The announcement comes just weeks…

    • Philadelphia poverty and transit access to downtown | Center City District, 2016

Center City District report highlights transit as competitive necessity for region’s economy

If everyone drove to work in Center City, how much parking would we need? According to a new report from the Center City District: 2.6 square miles of surface parking. The…

    • 30th Street Station Plaza view from east

A bold vision for 30th Street Station District unveiled, but can reality meet the ambitions?

“Go West, young man.” So exhorted Horace Greeley 150 years ago, borrowing those words from another writer to embrace and celebrate American manifest destiny. They are words the Pennsylvania Railroad took…

    • Barging through, life on and along the river | Steve Ives, EOTS Flickr Group

Obama budget proposal includes funds to finish Delaware River dredging project

A project to deepen the Delaware River’s navigable channel is now full steam ahead, according to Senator Bob Casey. Sen. Casey’s office announced today that the large, multiyear project is set…

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You are viewing 22 posts by the author Jim Saksa concerning Economic Development








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