Economic Development
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Chester County Officials Discuss Parking as ‘a Catalyst for Development’
Experts, consultants, and officials from various Chester County municipalities recently discussed parking options during an Urban Centers Forum entitled “Parking Lessons Learned,” writes Danielle Lynch for the Daily Local News. One of the key messages from the forum was that parking options are a crucial component in attracting people to a borough or city to…
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14th Annual CCEDC Economic Outlook Slated for Friday, Jan. 12
For the fourteenth year, the Chester County Economic Development Council (CCEDC) is kicking off the New Year with its annual Economic Outlook. More than 100 local business leaders will gather at CCEDC’s headquarters to learn more about the challenges and trends for local, national and global economies in 2018. This year James Glassman – Managing…
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County Establishes ‘Venture Chesco’ Fund to Encourage Development of Start-Up Companies
The Chester County Retirement Board has voted to enter into a partnership with Ben Franklin Technology Partners of Southeastern Pennsylvania, to invest $4 million in emerging and growing companies located in – or willing to locate to – Chester County. The partnership, entitled Venture Chesco, will see $2 million in county funds matched by $2…
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Developer to Buy Spellman Building in West Chester, Has Plans for Hotel, Retail Space
Stanbery Development is buying the former Spellman Administration building in West Chester with plans to build a hotel with retail space, writes Natalie Kostelni for the Philadelphia Business Journal. The real-estate company based in Bexley, Ohio, is under agreement to pay the West Chester Area School District $4.25 million for the building at 829 Paoli…
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Eyesore in Downingtown That Caught Trump’s Eye Undergoing Demolition, Redevelopment
Thanks to some exposure from Donald Trump on Twitter, a hulking, vacant former industrial site in Downingtown is undergoing demolition and is slated for long-overdue redevelopment, writes Erin McCarthy for the Philadelphia Inquirer. It was April 2016, when then-presidential candidate Trump was traveling from a campaign rally at West Chester University, and his motorcade passed…
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Significant Negative Impact Expected if Congress Eliminates Private Activity Bonds
At a December 7th board meeting of the Chester County Economic Development Council (CCEDC), its members shared their questions and concerns regarding the proposed federal tax reform legislation to eliminate or restrict private activity bonds and advance bond refundings. Of concern is the elimination of either of these structures from the Internal Revenue Code, which…
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CCEDC’s Gary Smith Discusses Empowering Others on Executive Leaders Radio
By most measures, Chester County is the fastest-growing county in the state. However, it wasn’t always that way. Enter the Chester County Economic Development Council, which has had a strong hand in the growth of this county, one of the most desirable places to live in all of America. Gary Smith, the CCEDC’s CEO, recently…
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East Goshen Township Unveils Spellbinding Plan to Transform Paoli Pike Corridor
Transforming the Paoli Pike Corridor was identified as a top priority in East Goshen Township’s Comprehensive Plan. The township was recently awarded a Transportation and Community Development Initiative (TCDI) grant from the Delaware Valley Regional Planning Commission to develop a coordinated transportation and land use plan for the Paoli Pike Corridor between Airport Road and…
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Pair of Chester County Projects Awarded $20 Million in State Funding
Two projects in Chester County have been awarded a total of $20 million in state funding that will allow them to move forward after being in the planning phase for years, writes Natalie Kostelni for the Philadelphia Business Journal. The first project is the former Pennhurst State School and Hospital which has been awarded $10…
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NBC Highlights Sunoco Pipeline’s Contributions to Local Economy
“In 2014, an ambitious plan to provide a better outlet for Pennsylvania’s natural gas resources was put into motion,” NBC 10’s Tracy Davidson said in a recent Growing Greater Philadelphia episode. “Three years later, the project is nearly complete, thanks to a major effort to our region’s trade organizations.” Sunoco Pipeline has spent $3 billion…
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Good Year for Greater Philadelphia’s Economy; Next Year May Be Even Better
While this was a good year for Philadelphia’s regional economy, next year could see Greater Philadelphia become even stronger, writes Joel Naroff for the Philadelphia Inquirer. This year, employment growth in the region was higher than the national average, a rare occurrence over the last 25 years. And while Philadelphia lagged a bit, the surrounding…
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QVC West Chester Christmas Parade Tonight
It’s that time again—let’s get ready to ring in the holiday season with the 38th Annual QVC West Chester Christmas Parade! This year is set to be the biggest Chistmas parade yet, with record crowds and enough holiday spirit to keep Santa’s sleigh flying high until Christmas Day. When: Friday, December 1, 2017 Events: Holiday Village…
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West Chester Christmas Parade Drives Economic Vitality
By Andy Hachodorian Christmas may fall on Dec. 25 but the economic “gifts” from the QVC West Chester Christmas Parade mean hundreds of thousands of dollars for local businesses. Officials of the Greater West Chester Chamber of Commerce say they are proud to host an event that is so integral to the local economy and…
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Downingtown’s Future Is Now as Demolition of Abandoned Paper Mill Begins
Demolition is now under way at the site of the former Sonoco paper mill plant as the Hankin Group prepares for a development project that will transform Downingtown. Downingtown Borough Council has approved the Hankin Group’s conditional use request for the development of Brandywine Station, a mixed-use, transit-oriented development at the site of what hopefully…
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New Data Reveals CCEDC’s 10-Year Economic Impact on the Region
A decade’s worth of data is revealing the impact of the Chester County Economic Development Council on one of Pennsylvania’s most-thriving economies. The CCEDC recently showcased the data at its Annual Stakeholders’ Meeting at The Desmond Hotel in Malvern, where it informed stakeholders on its activities not only in 2016-17 but over the last ten…
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Poll: 10 Years’ Worth of Accomplisments
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Workforce Development IS Economic Development
By Marybeth DiVincenzo On October 18-20, the eight members of the Chester County Economic Development Council (CCEDC) staff, who manage five of the region’s industry partnerships (IPs) and Hire One, participated in the PA Workforce Development Board symposium. The conference was kicked off by a session devoted to the impact of the Next Generation of Sector…
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