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Amtrak Closes Deal for Its Landmark Philadelphia Station Renovation

ENR Construction

Amtrak has finalized the terms of a lease and development agreement for Philadelphia’s historic William H. Gray III 30th Street Station.

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Five Below To Expand, Relocate National HQ In Philadelphia

Business Facilities

Five Below, a specialty value retailer catering to teens and pre-teens, will expand and relocate its national headquarters in Philadelphia, PA, a move that will create 154 new, high-wage jobs. “We We knew from day one we wanted Five Below’s headquarters to be in Philadelphia,” said Joel Anderson, CEO of Five Below.

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Bisnow Panels Suggests Education, Taxes, and Construction Costs Will Dictate The Future Of Center City Philly

Constructonomics

Basically, they were some big players in the Philadelphia Real Estate scene and, perhaps not very surprisingly, they did not appear to disagree on too much. It was noted that Philadelphia has almost the same construction costs as New York but commands nearly half the rent.

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Hello Atlanta!

BD+C

When the event kicked off earlier this month, a cast of characters, including property managers, maintenance staff, leasing agents, developers, and a throng of vendors (that's me again), descended on the Georgia World Congress Center. And leasing agents can offer true self-guided tours across multiple communities and during off-times.

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Energy Efficiency Policy Report Published

Green Building Law Blog

The study was commissioned by the Department of Energy-led Greater Philadelphia Innovation Cluster for Energy Efficient Buildings ( GPIC ). Processes included legal-related factors impacting EE transactions, such as contracts, leases, public bidding requirements, and accounting standards.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

They also will be eligible to give property tax abatements for new development, allowing cities like Camden to spur development and compete with Philadelphia for private-sector jobs and residential growth. One NJ option is a leased facility in Bridgewater; 274 jobs would remain in the state and 550 jobs would be created. headquarters.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). The design of the Philadelphia headquarters expansion will begin in this year, with groundbreaking expected in 2017.

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