3 Reasons why Philadelphia is good for Business

1. Philadelphia is located conveniently on the East Coast.

Our regional market consists of the one-fourth of the US population located within a 200-mile radius, a five hour drive. This market represents $1.5 trillion of income and household purchasing power.

Our transportation system moves goods and transports workers efficiently with our state-of-the-art international airport, domestic airports, high speed trains to NY, Boston, and DC, local commuter trains, and highways. The Delaware River Port Complex is the largest freshwater port in the world and the only US port served by 3 Class I railroads.

There are 92 colleges and universities that provide and educated leadership and workforce.

2. We are in good company.

Many global market leaders and innovative corporations are here in Philadelphia – headquarters for 9 Fortune-1000 companies and 330 Fortune-500 companies have a presence.

Mayor Nutter has a goal of making Philadelphia number one green city in America. The Mayor’s Office of Sustainability has created Greenworks, an effort that sets 15 targets for improving our city’s environment, reducing our energy use, creating jobs, improving air quality, and increasing recycling.

Philadelphia has been recognized at the national level, recently receiving an award from the U.S. Chamber of Commerce for being America’s top sustainable city.

We have a strong medical and life science sector boasting award-winning hospitals, cutting-edge medical research centers, and industry-leading life science companies.

Philadelphia is proud of its historic and cultural attractions. Philadelphia is now the fastest growing US destination for international tourists. We had 38.8 million visitors in 2012.

3. Extraordinary Quality of Life

Cultural amenities abound from Fairmount Park, the largest landscaped urban park in the world, to famed arts and culture attractions like the Kimmel Center and the Philadelphia Museum of Art, to four professional and 156 NCAA sports teams, and to family attractions, such as the newly renovated Please Touch Museum and the nation’s first Zoo.

Philadelphia is a leader is sustainability. The city boasts an extensive public transit network, which is used by a third of the region’s population and includes bus, subway, trolley, and regional rail. Half of downtown residents walk or bike to work, more than any other major American city.

Philadelphia is also a leader in energy efficient building, with more than 80 LEED registered residential, office, and retail projects.

Philadelphia has an affordable cost of living compared to other northeast areas. Philadelphia’s diverse neighborhoods offer a variety of housing options, from historic townhouses to modern condominiums to single family homes.