Economic Development

Philadelphia entrepreneur Tayyib Smith is teaming up with developer Guy Laren of Constellar Corp. to build a business hub designed for social impact.

The task force’s final report lays out a culture of “getting to yes” instead of ensuring companies delivered on promises to the state and communities.

A pandemic relief fund is releasing all of its money to hundreds of cultural organizations and over 1,000 artists.

The package would include capital investments in poor neighborhoods, as well as millions more on job training, rent subsidies and basic income support.

Asociación Puertorriqueños en Marcha is partnering with Scannapieco Development Corporation on the mixed-income development.

Who is shaping the bustling corridor remains in flux as longtime businesses take stock of losses and newcomers eye opportunities.

Some stores sustained property damage just as they were emerging from lockdown.

Mayor Marty Small held a news conference to announce that Icahn's company has filed demolition plans with the city that call for both towers of the casino to be implode.

ResinTech, which makes water filtration products, is set to open later this month with the help of up to $139 million in taxpayer-funded subsidies.

When the 2008 financial meltdown happened, we knew we had to move fast. Now, another economic disaster looms and Philly has a chance to lessen its impact.

The White House says it might extend "opportunity zone" tax breaks to help struggling neighborhoods after the pandemic. Critics say the program mostly helps wealthy investors.

We discuss the renewed call to expand national service which would put young people and the unemployed to work fighting the pandemic and helping with the national recovery.

A few months ago, things were looking up for Latinos. Wages were rising and unemployment had hit a record low. Now, that historic wave of prosperity appears to be at risk.

The assistance didn’t prioritize businesses in the hardest hit parts of the state and relied on a patchwork of local economic development organizations.

The proposed fiscal 2021 budget eliminates funding for both the Philadelphia Cultural Fund and the Office of Arts, Culture and the Creative Economy.