article thumbnail

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.

article thumbnail

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.

Zoning 47
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Deals 107
article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements. The company $7.2-million

El Paso 106
article thumbnail

FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

Buisness Facilities Contributed Content

The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. DREDGING THE DELAWARE AS PHILADELPHIA GETS READY. A deeper shipping channel will allow us to welcome a wider variety of cargo vessels to the Port of Philadelphia.

article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Gilbert is aggressively moving forward with a daring plan to revive two square miles of property with a variety of commercial enterprises, including hotels, casinos and retail stores. Lexington is a diversified growth engine for health and educational services, technology, retail trade, and manufacturing.

Metro 111
article thumbnail

Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

Situated in Upstate New York, Oswego County is located centrally to New York City, Boston, Philadelphia, Cleveland, Toronto and Montreal. The company’s lease of the Hackensack building expired on June 30th, 2017. Build to suit retail/restaurant pads and Class A office development opportunities. The firm will spend $6.7