Philadelphia. Smart City. Smart Choice.

City of Philadelphia Department of Commerce 1 Philadelphia. Smart City. Smart Choice.

A letter from the Mayor Smart Location It’s a great time to be in Philadelphia. Thriving region, We are leading a renaissance in Philadelphia where the convergence of arts, education, business, technology, science and healthcare are centrally positioned, creating exciting and change-making opportunities. Our creative spirit, attracting global and collaborative infrastructure, and resilient nature are transforming national businesses. these opportunities into realities. More people and companies than ever before are coming to Philadelphia. They are attracted by the affordable living and quality Smart of life in our many inviting and culturally diverse neighborhoods. Philadelphia is energized with a vibrant street life, amazing eateries, Company thriving retail, arts and entertainment attractions, and abundant Innovation by industry- recreational activities within the largest urban park system in the leading thinkers, United States. cultivating new ideas We are strategically connected and conveniently located at the for growth. center of the U.S. Northeast Corridor with a robust and accessible transportation network to other major markets. The narrative of independence, resilience and invention are at the heart of our city; a story that has inspired and influenced our global values. Smart Here, we take pride in diversity: our people, our neighborhoods, and Living our beliefs. Here, old and new shape how we live our American dream. Authentic and convenient Philadelphia is the first World Heritage City in the United States, neighborhoods offer and we embrace our position on the global stage as a city of ideas. This status is creating positive impact on tourism, real estate, workforce engaging lifestyles and economic growth. and affordable living. As Mayor, I am one of many engaged residents working together to maximize our potential, create new opportunities for all Philadelphians, enhance our city’s landscape, and design our future. I invite you to come grow with us and join the renaissance,

Secti nis et viducit, Mayor James F. Kenney tempori tenimai orectem persperum, et rempe sus utem nobis est landene. 2 3

Philadelphia has more than 200 miles of bicycle lanes and more than half of downtown residents walk, bike, or take public transit to work; more than any other major American city.

Smart Location Philadelphia is at the center of a dynamic and thriving region.

From the scale of our region, to the national and global access of our East Coast location, Philadelphia delivers a robust market for your business. Fortune 1,000 companies and the next wave of emerging companies chose to call the Philadelphia region home because of its economic growth, cost of living, innovative

Graphene Frontiers, a leader culture and highly educated, diverse workforce. The Porch, at 30th Street Station, in advanced nanotechnology, is a unique park at the nation’s third was formed at the University busiest rail station. of Pennsylvania. 4 Smart Location 5

Smart Location 101 By The Numbers regional colleges and universities award nearly 90,000 degrees and certificates annually, fueling the talent Campus Philly, with pipeline for Philadelphia- 430K 50M based companies. partnerships at 35 local PHL moves over people with $2.5 colleges and universities, 430,000 tons of cargo trillion in annual connects companies and mail annually and income are within to top talent and helps serves as the home a 200-mile radius. streamline internship Large Scale On the Move Working Smart of the United Parcel Service (UPS) hub. and recruitment Regional Market Philadelphia’s transportation A Philadelphia location means processes. As the 2nd largest market on network provides easy access access to more than 3 million the East Coast for employment to national and global markets people in our workforce www.campusphilly.com and average income, and convenient connections who provide the talent you commuters travel daily in the Philadelphia region’s to the strong regional labor need to grow your business. and out of Center City on growing population of 6.4 pool. This integrated system With approximately 60% of 300K SEPTA, NJ Transit and million presents emerging features interstate and downtown residents holding PATCO commuter lines. opportunities for business regional highways, high-speed a Bachelor’s Degree or higher, growth and investment. passenger and freight rail, Philadelphia offers a broad international and domestic range of experience and talent. airports, and the largest Philadelphia’s population is 5th among freshwater port in the world. 5th large US cities at over 1.5 million. Central Location Philadelphia is at the center of the most dynamic business region in the United States, with approximately 47 million people living along the Northeast Corridor. Strategically positioned between Boston, New York and Washington D.C., Philadelphia offers easy logistics to these major business markets. Boston Atlantic Ocean 1 hour and 10 minutes by plane Our Geography By The Numbers I-76

SEPTA Broad New York City Street Line I-95 1 hour and 15 minutes by train 65% of Philadelphia’s workforce SEPTA Market- Philadelphia Frankford Line Delaware River lives within walking distance Hahnemann University City Drexel University of rail transit. Science Center University Hospital Baltimore 30th 1 hour by train Street University City Station Center City Pennsylvania Washington D.C. Convention Old City 1 hour and 40 Temple Center minutes by train Wistar University University Institute of Pennsylvania (Center City Campus) N3rd Hospital of Jefferson Street 525 Children’s Hospital University the University Philadelphia International of Philadelphia of Pennsylvania Hospital Airport (PHL) offers 525 PATCO Pennsylvania daily departures to 130 non- Speedline Hospital stop destinations worldwide Pennovation New Jersey including 39 international Works 200 mile radius 100 Milesdestinations.

University City Center City Old City Bucks County Home to major educational and Experience the regional and America’s most historic square 3 research institutions, including global access of a traditional mile also has some of the city’s major shipping ports served Montgomery pipeline projects such as Drexel I-76 downtown office district. Spanning most unique office space and County by two Class I railroads. University’s mixed-use innovation two revitalized waterfronts, includes the heart of Philly Tech neighborhood, Schuylkill Yards, Center City is a vibrant home to along N. 3rd Street, ceremonially Route 1 Northeast Philadelphia and the University City Science world-class arts and culture and named N3rd Street in 2014. I-76 Airport Center’s uCity Square. countless restaurants. 17 I-95 Philadelphia International The Navy Yard SEPTA Broad Airport is 17 minutes by train Street Line from Center City. A unique corporate campus with accessSchuylkill to Center River City, Citizens PHL International Airport, and Delaware River Bank Park I-95 Interstate 95. At 1,200 acres, Schuylkill New Jersey Port of Philadelphia SEPTA Market- River approximately 12,000 employees Wells Fargo Center Frankford Line Tioga Marine Terminal work in historic structures and Lincoln Financial Field 4M modern office buildings alike. Amtrak’s 30th Street Station I-676 serves nearly 4 million riders per year and offers high speed N trains to New York, The Navy Yard DC and Boston. N Philadelphia International Port of Philadelphia Airport 1 mile 1 mile Delaware Philadelphia County International Airport 8 9

URBN Global Headquarters. Historic ship building facilities at The Navy Yard are now home to growing eCommerce, technology, and life science companies.

Smart Company A culture of innovation is in Philadelphia’s DNA.

The regions’ growing population has sparked an inspired creative culture that is partnering with future- focused, innovative business and education institutions. All business sectors are benefiting from regional innovation, new opportunities and economic growth.

Over 300 healthcare facilities are in American Bible Society’s global our region, including four children’s headquarters overlooks Independence hospitals, six medical schools, Hall in Philadelphia’s historic core. and 197 hospitals. 10 Smart Company 11

Smart Company By The Numbers

skilled workers in the region across StartupPHL is the diverse industries. gateway to Philly 3M Tech. We support and accelerate the development Named a top ten region of Philadelphia’s for venture capital by the entrepreneurial $600M National Venture Capital community. Association with an average of nearly $600 www.startupphl.com #1 million in funding yearly. in the nation for gender diversity in the tech sector. $1.8B 57% in annual spending More than half of on academic Research the city’s downtown Life Sciences, Healthcare Entrepreneurship & Development. population holds & Higher Education & Startups a bachelor’s degree. With one of the strongest Life Sciences City leadership is a champion of and Healthcare industry cluster in new ideas, providing incentives and the nation, Philadelphia features four opportunities that facilitate success. nationally recognized universities and Collaboration between the thriving tech, healthcare systems and a top-ranked design, science and art communities is children’s hospital. These visionary fueled by the drive for innovation and 440K medical research and life science commercialization with the region’s VC full and part time organizations in Philadelphia attract investors, higher education institutions students are enrolled internationally recognized thinkers and the business community. in the region’s higher and investors to develop life changing education institutions. products and technologies. Thriving Hospitality Sector As the first World Heritage City in the Vibrant Corporate Sector United States, Philadelphia’s globally- Top 5 Philadelphia is home to many global acknowledged historic attractions, Philadelphia’s UPenn is a top market leaders and innovative companies, cultural appeal and vibrant street life 5 grant recipient from the especially in financial and professional draw millions of visitors each year. National Institutes of Health services. Philadelphia is home to Recognized as a top cultural destination for over 20 years. approximately 300,000 higher education in the world, Philadelphia is a favorite students; a future talent pool to support choice for conventions and meetings. business innovation and growth. The city’s centrally located convention center is in close proximity to more than 12,000 hotel rooms and hundreds of outstanding restaurants. 12 12 13

Philadelphia retains a core of quiet, historic streets.

Smart Living Find your future in Philadelphia.

Philadelphia has a vibrant and celebratory nature energized by the second largest residential downtown in the country. Streets are lined with independent shops, world-class restaurants, art galleries and music venues. A central part of peoples’ daily lives is Fairmount Park, one of the largest urban parks in the world. Biking and walking trails weave through the city unlike anywhere in the U.S. A former water pumping station, Sectithis adaptive nis et viducit, reuse project now temporihouses a tenimai restaurant orectem and a venue Each Philadelphia neighborhood persperum,for FringeArts, et rempe a contemporary sus offers an authentic shopping and utemperformance nobis est company. landene. restaurant experience. 14 Smart Living 15

403 Smart Living Arts and Cultural institutions, By The Numbers ranking second only to midtown Visit Philadelphia, the Manhattan in number of downtown cultural organizations. City’s tourism promotion largest residential downtown agency, creates vibrant, population in the U.S.. neighborhood-based 2nd online content to share an inside perspective on arts, culture, and Exciting Entertainment A Walking City recreation. visitors to arts and culture venues in and Cultural Amenities With a character reminiscent of Europe, 15M and around Philadelphia each year. www.visitphilly.com Public art is way of life in Philadelphia, Philadelphia is a walking city. Intimate, www.uwishunu.com with thousands of murals and sculptures well-lit streets provide adventure and integrated into the landscape. Picturesque discovery in a city that is easy to navigate. Boathouse Row on the Schuylkill River The Center City core is in walking distance to rivers, parks, cultural centers sits alongside the Benjamin Franklin sidewalk cafes in Center City alone. Parkway, featuring the internationally and neighborhoods that are uniquely 400+ renowned Philadelphia Museum of Philadelphia, featuring varied cultures, Art, the Barnes Foundation and Rodin architecture, food and mood. Museum. At the city center, performance art venues present a colorful and dynamic Convenience Avenue of the Arts. 1st Philadelphia’s extensive public transit Proud of its nine professional sports network, used by a third of the region’s World Heritage City teams and four stadiums, Philadelphia is population, includes buses, subways, in the United States, the country’s best city to be a sports fan. trolleys, and regional rail lines. Half of designated in 2015. Numerous annual indoor and outdoor downtown residents walk or bike to work; events occur citywide each year including more than any other major American city. street fairs, marathons, music festivals Philadelphia’s central location on the 73% and celebrations. Northeast corridor offers short distance of recent graduates travel and easy access to our neighbors: from Philadelphia New York, Washington D.C., Baltimore, colleges and universities and Boston. recommend the city as a place to live. Affordable Cost of Living Compared to residents of other northeast markets, Philadelphians enjoy an exceptional living experience at a highly affordable cost. A seemingly endless variety of unique neighborhoods allow individuals and families to choose what is right for them, from historic row homes to condo-living. Warm and inviting Philadelphia communities from South Philadelphia to Kensington and University City to Old City, welcome new residents seeking to build careers and raise families. 16 Photography courtesy of: Dave Zawrotny; Conrad Erb; Indego; University City Science Center; Steven Minicola & Scott Spitzer for PHLCVB; M. Fischetti for VISIT PHILADELPHIA®; Theresa Stigale; R. Kennedy for Visit Philadelphia; CJ Dawson Photography; American Bible Society; URBN; Carson Wyatt FKP Architecture; Technical.ly; Pipeline; Drexel University; FringeArts; J. Fusco for Visit Philadelphia; Ann Sagel; The Barnes Foundation; B. Krist for VISIT PHILADELPHIA®; Center City District; Paul Loftland for PHLCVB. Cover photo by CJ Dawson Photography

The Schuylkill Banks boardwalk opened in 2014 and adds a unique element to Philadelphia’s growing river trail system. Philadelphia. Smart City. Smart Choice.

City Of Philadelphia 1515 Arch Street, 12th Floor www.phila.gov/smartchoice Department of Commerce Philadelphia PA 19102 215 683 2000