December 6, 2019
Invest: Philadelphia 2020 Launch highlights region’s education, healthcare and key economic sectors
Jerry Sweeney, President & CEO of Brandywine Realty Trust, gave the keynote address at the launch of Capital Analytics’ second publication focusing on Greater Philadelphia.
Philadelphia, PA – Greater Philadelphia’s robust education industry, healthcare, transit and development sectors were the focal points in Capital Analytics’ second launch event for Invest: Philadelphia. The 2020 edition highlights the five-county region of Greater Philadelphia, including Philadelphia, Montgomery, Bucks, Delaware and Chester counties, with a special focus chapter on Montgomery County.
The event was attended by over 350 high-level guests and officials from some of Philadelphia’s key industries and economic institutions.
The official launch of the publication took place on Dec. 5, 2019, at The Westin Philadelphia. Following a short networking breakfast, Jerry Sweeney, President & CEO of Brandywine Realty Trust, gave a keynote address that underscored some of the major achievements of Philadelphia’s real estate sector and economy over the past 12 months. The keynote address was followed by three robust panel discussions.
The panels addressed major themes dominating Philadelphia’s economy: education, healthcare and transportation-oriented development. Chris Fiorentino of West Chester University, Dr. Guy Generals of Community College of Philadelphia, Dr. Chris Domes of Neumann University, and Damian Fernandez of Penn State Abington participated in the panel, “Thinking outside the box: Educating today for the jobs of tomorrow.” Jack Miller of Capital Analytics was the moderator. “Healthcare hub: A look at the driving force behind Philly’s economy” featured Ron Dreskin of EisnerAmper, Ellen Rosenberg of Amicus, Barry Eckert of Salus University and R. Carter Caldwell of the University of Pennsylvania Health System, guided by moderator Lauren Murdza of DLA Piper. The panel, “Philly on the move: A city taking new form with transit-oriented development,” featured moderator Susanne Svizeny of OceanFirst Bank and panelists Tricia Marts of Veolia, Ed Reitmeyer of Marcum and Liam Brickley of Bryn Mawr Trust.
“Philadelphia has a thriving and diverse economy that in 2019 solidified its position as a formidable local force and continued to be a major player in the global market,” said Abby Melone, president of Capital Analytics. “Philadelphia has proven that not only is it resilient, it knows how to adapt and transform. Our second edition of Invest: Philadelphia touches on this transformation, depicting a city that is embracing change and innovation to ensure a modern future. ”
The Invest: Philadelphia publication from Capital Analytics is a 208-page economic analysis that highlights business opportunities for investors, entrepreneurs and innovators in the Philadelphia area. These include Philadelphia’s housing market that remains one of the hottest in the country, and the region’s real estate industry that is attracting increased interest from investors both domestically and abroad, particularly in the multifamily space. Utilities and infrastructure are covered in detail as the city looks to alternative sources of energy to sustainably grow and develop. Transportation is another leading topic, with the Philadelphia International Airport continuing to expand its reach and SEPTA making improvements to help keep counties connected via extensive bus and train routes.