PhillyDeals: Expansion Planned At King Of Prussia Plaza And Court

King of Prussia Mall

King of Prussia Mall (Photo credit: Wikipedia)

Simon Property Group, the Indianapolis-based retail giant that owns 200-plus shopping malls nationwide, is sacrificing more than 400 parking spaces at its King of Prussia Plaza and Court to make room for at least 50 new stores and restaurants that it hopes will draw more wealthy shoppers to the region’s biggest retail complex.

At extra-large shopping centers such as King of Prussia, at least, “the mall business is good, contrary to some of the naysayers,” David Contis, president of Simon Malls and a corporate senior vice president, told me Monday.

His company bought out other investors to take control of the King of Prussia mall in 2011, in deals that valued the complex at over $1 billion.

Contis said he expected to attract luxury stores from outside the region and “the best of the Philadelphia eateries” to the new space, rather than shifting current tenants there.

Read more at http://www.philly.com/philly/business/20141118_PhillyDeals__Expansion_planned_at_King_Of_Prussia_Plaza_and_Court.html#4mWT6geTQWCWiwR1.99

Public Meetings Set To Air SEPTA Rail Extension Of Norristown High-Speed Line To Upper Merion

Location of Upper Merion Township in Montgomer...

Location of Upper Merion Township in Montgomery County (Photo credit: Wikipedia)

UPPER MERION TOWNSHIP, PA – Residents in both Upper Merion and Norristown will be presented this week with four alternative routes to extend the Norristown high-speed rail line into Upper Merion in a proposed, $500 million, SEPTA rail project.

Both meetings will run from 4 p.m. to 8 p.m. on Monday and Wednesday. The Upper Merion meeting on Monday will be held at the Radisson Hotel at Valley Forge, 1160 First Ave. and the Norristown meeting on Wednesday will be held at Norristown municipal hall, 235 E. Airy St.

Byron Comati, director of strategic planning and analysis for SEPTA, will present the four alternative routes winnowed down from 16 route variations. He will be joined by project manager and engineer Elizabeth Smith, an AECOM consulting engineer and Burt Cossaboon, a vice president of McCormick Taylor.

Read more:  http://www.timesherald.com/general-news/20141114/public-meetings-set-to-air-septa-rail-extension-of-norristown-high-speed-line-to-upper-merion

Charleroi Envisions Riverfront Destination As Focal Point Of Business Redevelopment Plan

Map of Washington County higlighting Charleroi.

Map of Washington County higlighting Charleroi. (Photo credit: Wikipedia)

Editor’s note:  Imagine that, another town with a vision and a plan…with the rash of shootings going on in Pottstown again….a vision and a plan would be in order.  Just sayin’…

Donn Henderson sees the Charleroi riverfront development he wants 25 miles away in Pittsburgh.

“It’s not rocket science. There are plenty of examples,” said Henderson, manager of the borough, which will announce a redevelopment plan for the central business district Thursday. “Just look at the North Side. That’s a great model. The South Side, too.”

Re-creating Pittsburgh’s successes deep in Washington County‘s Mon Valley will not be easy. But continuing to watch the once-thriving industrial and retail community lose population amid growing drug and crime problems certainly will accomplish nothing, Henderson said.

“We cannot continue that trend and survive,” he said.

Read more: http://triblive.com/news/washington/7133358-74/charleroi-henderson-buildings#ixzz3IxX1Lmiv
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Pittsburgh Study Shows City’s Vibrancy Has Returned

DSC01844Editor’s note:  We found this to be true during our visit there this summer. Pittsburgh has drastically changed over the last 10 years and the improvement is palpable.

Pittsburgh has transformed from an economically stagnant, transient city to “somewhere people want to come to and stay for a long time,” according to Doug Heuck, director of Pittsburgh Today.

A new report from the statistics-based project reflects this trend in increased home ownership, showing more residents are making the city their home.

The report shows the Pittsburgh region has the highest percentage of owner-occupied housing compared to 14 other metropolitan areas with comparable size and demographics, according to U.S. Census figures.

Factors like employment opportunities, education and housing have turned the city into “somewhere people want to come to and stay for a long time,” Mr. Heuck said.

Read more: http://www.post-gazette.com/local/city/2014/10/18/Study-shows-Pittsburgh-s-vibrancy-has-returned/stories/201410180017

Columbus Provides Blueprint For How To Develop Mellon Arena Site

A map of Pittsburgh, Pennsylvania with its nei...

A map of Pittsburgh, Pennsylvania with its neighborhoods labeled. For use primarily in the list of Pittsburgh neighborhoods. (Photo credit: Wikipedia)

Editor’s note:  We love it when folks use existing successful business models for a blueprint. Why reinvent the wheel when a tweak will due :)

COLUMBUS, Ohio — About $1 billion in development around an arena primarily for hockey transformed a dreary section of downtown Columbus that used to be an industrial area and home to a run-down prison.

“People didn’t come downtown very often, and they certainly didn’t live here. Things are different now. This is a place to be,” said Sherri Lyle, 44, of suburban Powell, who works in Columbus’ 14-year-old Arena District.

The Pittsburgh Penguins are paying attention. The team is preparing to develop a 28-acre site where the Civic Arena stood, across Centre Avenue from the $321 million Consol Energy Center that opened in 2010.

“We’ve sat down and talked with them several times about what they have done relative to development,” said Penguins Chief Operating Officer Travis Williams, noting the team studied similar projects in Cincinnati, Dallas, Philadelphia, San Jose, Washington and Pittsburgh’s North Shore.

Read more: http://triblive.com/news/allegheny/6881016-74/arena-district-area#ixzz3FOBkt9TK
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Experts Worry Stagnant Wages Are Delaying Economic Recovery

Editor’s note:  Came across this article right after I posted about grocery store price increases. They certainly speak to each other.

Jim Talerico got a $900 raise this year, but he isn’t happy about it.

“It’s a terrible wage,” said Talerico, a part-time faculty member in Robert Morris University’s English department. “Now I’m making a whopping $14,400.”

It was the first pay raise in 10 years for the 54-year-old Ingomar resident. Even with the $13,500 he earns from his other part-time teaching job at Community College of Allegheny County, he said a barista job at Starbucks looks tempting. At least it would come with benefits.

Working Americans have had to make difficult choices — from canceling doctor’s appointments to cutting their grocery budgets — as their paychecks barely keep up with the cost of living.

Consumer spending drives 70 percent of economic activity, and wage stagnation has been a stubborn problem that might be holding back the recovery as other measures such as unemployment improve.

Read more: http://triblive.com/business/headlines/6812082-74/percent-pay-employers#ixzz3FO9O6Fhr
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York PA Metro Area At Bottom Of Forbes Job Growth List

Map of Pennsylvania highlighting York County

Map of Pennsylvania highlighting York County (Photo credit: Wikipedia)

The Florida economy was hammered during the financial crisis as tourism slowed, real estate prices plummeted and jobs disappeared, but the state has crawled back and continues to see heavy net migration into nearly every Sunshine State metro. People are chasing jobs with three Florida metros ranked among the 10 places expected to have the fastest job growth over the next three years and seven among the top 25. Naples leads the way with a projected average annual rate of 4.1%. Unemployment peaked in Naples in January 2010 at 12.2%, but was just 5.4% last month and is expected to stay low. Joining Naples among the top spots for job growth are fellow southern Florida locales Cape Coral and Port St. Lucie.

Read more: http://www.forbes.com/sites/kurtbadenhausen/2014/07/23/graphic-best-and-worst-cities-for-jobs-2014/

Online Retailer Zulily To Open Hub In Bethlehem That Employs 1,200

Map of Pennsylvania highlighting Northampton C...

Map of Pennsylvania highlighting Northampton County (Photo credit: Wikipedia)

Online retailer zulily plans to establish a distribution center in Bethlehem that will create 1,200 full-time jobs over the next three years, Gov. Tom Corbett announced today.

The hub is targeted for 10 Emery St., an 800,000-square-foot warehouse owned by Liberty Property Trust in Lehigh Valley Industrial Park VII — former Bethlehem Steel Corp. land off Route 412.

Corbett said in a news release that the building will serve as zulily’s Northeast fulfillment center and the company is making a multimillion-dollar investment there.

Read more: http://www.lehighvalleylive.com/bethlehem/index.ssf/2014/09/online_retailer_zulily_to_open.html

Allentown Residents Benefiting From Hockey Arena Area Job Growth

English: City of Allentown from east side

English: City of Allentown from east side (Photo credit: Wikipedia)

When Oliver Velasquez arrived for a job fair earlier this summer at the new Allentown hockey arena, he was shocked by the number of attendees.

“I didn’t expect to see that many people; there must have been thousands,” the 26-year-old Allentown resident said. “The line actually wrapped around the block a couple of times.”

Velasquez waited in that line, and it paid off for him. He is now the PPL Center’s new suites and catering manager, providing banquets for catered events and overseeing food in the arena’s private suites.

He is one of more than 300 city residents to find employment as part of an effort by community activists and city officials to ensure people living in Allentown get a fair shot at the jobs being created by downtown redevelopment.

Read more: http://www.lehighvalleylive.com/allentown/index.ssf/2014/09/allentown_residents_benefittin.html

American Eagle Opens New Distribution Center In Humboldt

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

Customers who placed an online order with American Eagle Outfitters typically had to wait between 7 and 10 days for their merchandise to arrive.

With the opening of the company’s newest distribution center in Hazle Township, they can now expect those packages within 2 to 5 days, said Michael Rempell, American Eagle Outfitters’ chief operating officer and executive vice president.

“It’s going to enable our company to effectively compete in the global economy,” Rempell said of the Humboldt Industrial Park facility, where a grand opening celebration was held Thursday.

The event brought company representatives, elected officials, community leaders and families of the 100 employees who have been hired to date at the Hazle Township facility together.

Read more: http://standardspeaker.com/news/american-eagle-opens-new-center-in-humboldt-1.1739948

LEHIGH VALLEY IS HOME TO 1,405 ARTS BUSINESSES THAT EMPLOY 7,714 PEOPLE, ACCORDING TO A NEW ANALYSIS OF DUN & BRADSTREET DATA BY AMERICANS FOR THE ARTS

Arts Industry Comprises 3.8% of All Businesses and 2.3% Percent of the Employment in the Lehigh Valley region

Lehigh Valley, PA – A new research study published by Americans for the Arts uses statistical data to quantify the scope and economic importance of the arts in the Lehigh Valley region, or Carbon, Lehigh, and Northampton Counties. The Creative Industries are defined as arts businesses that range from nonprofit museums, symphonies, and theaters to for-profit film, architecture, and design companies. Arts businesses and the creative people they employ stimulate innovation, strengthen America’s competitiveness in the global marketplace, and play an important role in building and sustaining economic vibrancy.

The Creative Industries in the Lehigh Valley include 1,405 nonprofit and for-profit businesses, employing 7,714 employees—comprising 3.8% of all businesses and 2.3% of the people they employ, according to the Creative Industries: Business & Employment in the Arts in the Lehigh Valley report. The findings are based on an analysis of Dun & Bradstreet data, the most comprehensive and trusted source for business information in the United States. The study was conducted by Americans for the Arts—the nation’s leading nonprofit organization for advancing the arts and arts education—and includes analyses of 11,000 unique political and geographic regions in the U.S. The data are current as of January 2014.

The analysis demonstrates a larger-than-expected prevalence of arts business establishments, while the mapping analysis shows that these businesses are broadly distributed and thriving throughout the Lehigh Valley and not, as is sometimes believed, strictly in the downtown areas.

“The scope and numbers of the arts businesses represented in the Creative Industries Study reinforce the importance of the arts to our local economy and quality of life.” says Randall Forte, Executive Director of the Lehigh Valley Arts Council. “The arts are about jobs, jobs, and more jobs and deserve a seat at the economic development table.”

Arts Industry Resilient

Nationwide, the Creative Industries reports reveal that arts businesses are formidable: 750,453 businesses involved in the creation or distribution of the arts employ 3.1 million people. This represents 4.2% of all U.S. businesses and 2.1% of all U.S. employees, respectively. One of the remarkable national findings from the research, which dates back to 2004, is that arts businesses and employment have maintained this share of businesses and employment during the nation’s up and down economic cycles—demonstrating that the Creative Industries are as resilient and durable as other sectors of the economy.

“The Creative Industries reports are powerful tools for understanding what a major force arts and culture businesses are for the economy—not only nationally, but also locally, in every community across our country,” says Robert L. Lynch, president and CEO of Americans for the Arts. “These reports should be in every legislator’s office and every city hall, reminding community leaders that the arts are key drivers of the local economy, new employers, jobs, and improvement of the quality of life through their work. The Creative Industries say one thing loud and clear: the arts mean business!”

ABOUT CREATIVE INDUSTRIES REPORTS

The Creative Industries reports are created by Americans for the Arts using Dun & Bradstreet business data. Downloadable reports for the nation’s 435 federal legislative districts, all 50 states and the District of Columbia, 3,144 counties, and 7,400 state legislative districts, along with national comparative reports, can be freely downloaded at http://www.AmericansForTheArts.org/CreativeIndustries.

About the Lehigh Valley Arts Council

The Lehigh Valley Arts Council is a nonprofit 501(c)3, membership-supported organization that serves as a regional advocate and ambassador for the Lehigh Valley arts community. Its mission is to promote the arts; to encourage and support artists and their development; to assist arts organizations; and to facilitate communication and cooperation among artists, arts organizations and the community. Through collaborative partnerships, it continues to provide access to the local arts community through education, research, professional development seminars and cooperative marketing initiatives.

Survey Of Washington, Greene Elected Officials Shows Positive Views Of Gas Industry

Map of Pennsylvania highlighting Washington County

Map of Pennsylvania highlighting Washington County (Photo credit: Wikipedia)

A survey of elected leaders in Washington and Greene counties found generally positive experiences with the gas exploration industry that has changed the face of their communities.

“They’re starting to see a lot of vitality. There’s physical activity in the communities and new wealth among some property owners. New employees. That’s all very positive,” said Diana Stares, the director of the Center of Energy Policy and Management at Washington & Jefferson College, who oversaw the survey. “Now they’re anxious to draw from that development some long-term results. And some don’t know how to go about that.”

Interactions between drilling companies and local officials are improving as both sides get to know each other, and as money and jobs flow into the region, several people said.

“It was a growing experience, I think, by some of these companies coming in here,” said Washington County Commissioner Larry Maggi, a Democrat. “But they saw that if you treat people fairly, they’ll respond in a positive way.”

Read more: http://triblive.com/business/headlines/6383333-74/industry-officials-percent#ixzz36tbYQPSg
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Dietz & Watson To Build $50M Complex In Tacony

Map of Pennsylvania highlighting Philadelphia ...

Map of Pennsylvania highlighting Philadelphia County (Photo credit: Wikipedia)

Cold-cuts maker Dietz & Watson will build a $50 million, 200,000 square-foot trucking and distribution center on a large tract between the company’s Tacony Street headquarters and the old Frankford Arsenal on the Delaware River, Gov. Corbett and Mayor Nutter confirmed this morning.

The deal was first reported from industry and city sources June 18 in The Inquirer.

The center will employ 110 who will pack and ship Dietz & Watson and Black Bear-brand meats and cheeses. Another 50 or more jobs will be created as the facility expands, Corbett said in a statement.

Read more at http://www.philly.com/philly/business/20140625_Dietz___Watson_to_build__50M_complex_in_Tacony.html#pcbr39xshytokp7S.99

Report: Foreign Dollars Bring Many Jobs To Scranton/Wilkes-Barre Area

Locator map of the Scranton-Wilkes-Barre Metro...

Locator map of the Scranton-Wilkes-Barre Metropolitan Statistical Area in the northeastern part of the of . (Photo credit: Wikipedia)

Foreign direct investment has increased jobs in Northeastern Pennsylvania.

It accounted for 14,050 jobs in the Scranton/Wilkes-Barre Metropolitan Statistical Area in 2011, an increase of about 4,300 in the past two decades, according to a new report that looked at data for the nation’s 100 largest metropolitan areas.

That’s 6.2 percent of total private sector employment, above the national rate of 5 percent.

The data comes from a new report that tries to gauge the local impact of “Foreign Direct Investment,” defined as a company in a foreign country investing enough to gain a controlling share of an American company.

Read more: http://timesleader.com/news/local-news-news/1479223/Report:-Foreign-dollars-bring-area-jobs

Nearby Businesses Can’t Escape Effects As PNC Tower Goes Up In Downtown Pittsburgh

Locator map with the Central Business District...

Locator map with the Central Business District neighborhood in Pittsburgh, Pennsylvania highlighted. (Photo credit: Wikipedia)

As a $400 million project to build PNC Financial Services Group’s new corporate headquarters nears the midpoint, surrounding business owners are anxiously awaiting completion of Downtown’s biggest skyscraper in more than a quarter-century.

Some look forward to an anticipated boost in business. Others long for their misery to end.

“It’s tough to complain about progress, but this project has definitely been a struggle for us,” said Rob Kania, owner of Metropolitan Preschool & Nursery, which runs a Fifth Avenue facility in the shadow of the project.

Most agree The Tower at PNC Plaza will become a jewel in the city’s skyline. PNC hopes it will be the world’s most environmentally friendly office building.

Read more: http://triblive.com/news/allegheny/6233934-74/pnc-project-tower#ixzz34AFlxv00
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Job Prospects For Luzerne County Grads? Cashier Tops The List

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

Graduating and looking for a job in Luzerne County?

Your best bet: Cashier. Second best bet: Retail salesperson. Keep going down the list; with few exceptions, the fastest growing occupations around here are in low-paying, low-skill jobs.

Or you can scan the state’s “High Priority Occupations” list for the county, an attempt “to align workforce training and education investments with occupations that are in demand by employers, have higher skill needs and are most likely to provide family sustaining wages,” according to the state Department of Labor & Industry.

Of 2,202 projected annual openings in 111 high priority occupations ranging from accountants to welders, 1,419 of them — 64.4 percent — generally require no more than a high school degree, valuing on-the-job training more.

Read more: http://timesleader.com/news/local-news-news/1408957/Grads-face-rough-job-market

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Lancaster County Tourism: Report Shows Economic Impact

Map of Pennsylvania highlighting Lancaster County

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

The tourism industry contributed $2.5 billion to the Lancaster County economy in 2013, supporting nearly 23,700 jobs here, according to a report released Friday by the Pennsylvania Dutch Convention & Visitors Bureau.

Without tourism, and the revenue it generates, Lancaster County residents would have to pay an additional $924 in taxes per household to maintain current levels of government services, the bureau said.

The report, prepared by international firm Tourism Economics, was released Friday (with an accompanying video) at a legislative breakfast the bureau hosted at Eden Resort.

It paints a picture of a vital local industry — and one that depends on a coordinated ongoing marketing effort to thrive.

Read more: http://lancasteronline.com/business/local_business/lancaster-county-tourism-report-shows-economic-impact/article_add789f0-e80a-11e3-a040-001a4bcf6878.html

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Pittsburgh-Area Employers Added 22,300 Jobs In April

Locator map of the Greater Pittsburgh metro ar...

Locator map of the Greater Pittsburgh metro area in the western part of the of . Red denotes the Pittsburgh Metropolitan Statistical Area, and yellow denotes the New Castle Micropolitan Statistical Area, which is included in the Pittsburgh-New Castle CSA. (Photo credit: Wikipedia)

Sunny Kourkoutis spent six months on unemployment and a couple more working in a job she hated before she found something that suited her restaurant experience.

“When I was on unemployment, I could have easily gotten a job as a server,” said Kourkoutis, 42, of Bridgeville. “But at my age, it’s not something I really saw myself doing.”

In April, Kourkoutis finally found a job she enjoyed. She was hired as reservations manager at Jacksons Restaurant in Cecil and since was promoted to assistant executive manager. In so doing, she joined a hospitality industry that added 8,100 jobs last month and has led growth in the local economy.

Employers in the seven-county Pittsburgh region added 22,300 nonfarm jobs in April, and the unemployment rate declined two-tenths of a percentage point to 5.6 percent, according to preliminary figures released on Wednesday by the Pennsylvania Department of Labor and Industry. The decline occurred as 3,900 more people began looking for work, an expression of confidence in Pittsburgh’s economy.

Read more: http://triblive.com/business/headlines/6188520-74/22300-added-april#ixzz338k1vjC0
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Pottstown Area Industrial Development, Inc. Debuts New E-Zine In Collaboration With Major Borough Stakeholders

Momentum - One Good Things Leads to Another

 

WELCOME TO MOMENTUM, a quarterly publication from Partners for Success, a collaborative of organizations with the common objective of celebrating the stories that make us proud of Pottstown. We salute the residents, business owners, and other stakeholders making Pottstown better every day. In Momentum, you’ll discover stories about business development; recreation and healthy lifestyles; education; and arts and culture.

Founding Partners

To read the first edition, click here:  http://www.paidinc.org/momentum.php

Scroll down to Latest Edition:  Spring 2014 – Download (PDF file)

 

To visit PAID’s website, click here:  http://www.paidinc.org/

 

We give two Roy’s Rants thumbs up for the collaboration between stakeholders and for getting serious about marketing Pottstown to potential businesses and investors.  This is a welcome step forward!

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Marcellus Can Help Boost Pennsylvania Steel

English: Cropped portion of image from USGS re...

English: Cropped portion of image from USGS report showing extent of Marcellus Formation shale (in gray shading). (Photo credit: Wikipedia)

Pennsylvania is home to the highest-producing natural-gas shale play in the United States, and Marcellus Shale wells continue to break records. During the last six months of 2013, the commonwealth produced 1.7 trillion cubic feet of gas, or an average of 9.2 billion cubic feet per day – enough to satisfy about an eighth of the nation’s daily natural-gas demand.

The continued safe and responsible development of Marcellus Shale natural gas presents a great opportunity to create new jobs and provide economic prosperity in the commonwealth.

With this prosperity, Pennsylvania is taking center stage in helping the United States achieve energy independence and reduce our need to rely on foreign energy sources. In addition to capital investments and job creation in energy, the development of the Marcellus Shale has the potential to greatly benefit Pennsylvania’s manufacturing sector, in particular the steel industry. Perhaps the single most important product used to ensure the safe development of this abundant natural resource is high-quality steel pipe.

Read more at http://www.philly.com/philly/business/20140512_Marcellus_can_help_boost_Pa__steel.html#MY1F1cQI3Vhy9OZH.99

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