Economic Development
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CCEDC’s 13th Annual Economic Outlook Identifies Challenges, Opportunities in Post-Election Economy
Just two weeks before Inauguration Day, the Chester County Economic Development Council held its 13th Annual Economic Outlook, with a special focus on Perspectives on the Post-Election Economy. Key Chester County leaders identified the challenges, opportunities, and impact the President-Elect’s new administration is expected to have on local, national, and global economies. The CCEDC’s Annual…
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State Grant to Spark Redevelopment, Job Creation in Coatesville
The city of Coatesville will soon see an influx of both seasonal and permanent jobs thanks to a new $5 million grant approved by the Commonwealth’s Redevelopment Assistance Capital Program, according to a staff report from The Times of Chester County. The grant, which will be used to offset the costs of a mixed-use redevelopment…
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Region’s Growth Rate for Small Businesses Lags Behind Other East Coast Cities
According to the latest analysis of U.S. Census data by American City Business Journals, the Greater Philadelphia area is lagging behind other major cities on the East Coast, including Boston, New York, Washington D.C., and Baltimore, writes Scott Thomas and Alison Burdo for the Philadelphia Business Journal. From 2010 to 2014, Philadelphia’s growth rate only…
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Young Adults Across the State Struggling to Leave Parents’ Home
Faced with college debt, high housing costs, and a weak job market, more than a third (37.1 percent) of young adults between the ages of 18 and 34 across the state have opted to continue living with their parents, writes Luis Ferré Sadurní for the Philadelphia Inquirer. The impact of their decision is a Catch…
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CCEDC Gathers County Business and Community Leaders for Annual Stakeholders Breakfast at The Desmond
For the sixth time in as many years, the Chester County Economic Development Council gathered professionals from all over Chester County to receive and review the council’s annual report. The Stakeholders Breakfast, which was held at the Desmond Hotel, is widely respected among Chester County residents as more or less a “state of the county” briefing.…
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West Chester’s EnviroSure Awarded Contract to Help Revitalize Coatesville
The Redevelopment Authority (RDA) of the City of Coatesville has awarded EnviroSure, which has an office in West Chester, a contract to complete environmental site characterization for the Coatesville Gateway Redevelopment Project. Located at the corner of Business Route 30 and Route 82, the project aims to restructure Coatesville as a downtown commercial center and…
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Commissioners from Chester, Montgomery Counties Share Business-Boosting Strategies
Leaders from both Chester and Montgomery counties are innovating new pro-business best practices, and on Tuesday a commissioner from each county met to share notes. Chester County Commissioner Kathi Cozzone and Montgomery County Commissioner Josh Shapiro collaborated during a Main Line Chamber of Commerce breakfast at Penn State Great Valley. Their conversation ranged from “urban…
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Chester County Lands Seven on List of Region’s 76 Most Influential People
The Philadelphia Business Journal recently unveiled its 2016 edition of the Power 76, a guide to the region’s most influential people. The PBJ’s editorial team, which has about 200 years of combined experience covering business, spent many hours debating and crafting the list, writes Craig Ey, the publication’s Editor-in-Chief. “We narrowed in on those wielding…
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Coatesville Calls on Entrepreneurs to Spark Economic Revival
Following the mold of Kennett Square, Downingtown, and Phoenixville, leaders in Coatesville are calling on entrepreneurs to help ignite economic revival there too. Downingtown champions Bill Covaleski and Barry Cassidy spearheaded that message during a Chester County 2020 program at the Brandywine Center last week. “Government and institutions can do a lot for town centers.…
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Getting to Know CCEDC’s MaryFrances McGarrity
By Leslie Rylke If you have any interaction with the Chester County Economic Development Council (CCEDC) during the past few years, you probably are familiar with MaryFrances McGarrity. This weekend – October 1 – marks her 4-year anniversary with the organization so we decided to get to know her a little better. A native of…
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Are You in Chester County’s Top One Percent? Find Out Here
To be in the top one percent of incomes nationally, families need to take in a minimum of $389,436. The average income of America’s one-percenters is $1,153,293, according to a recent study by the Economic Policy Institute. Yet when incomes are measured state by state, the study shows wildly diverging fortunes for one-percenters. Suburban Philadelphia,…
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Wells Fargo Seeding Money for Coatesville’s New Growth
The seeds of Coatesville’s revitalization have been planted, and now a resident-driven vision for the future is taking root in key parts of the city. The Wells Fargo Regional Foundation has just committed to a new infusion of investment into a neighborhood revitalization planning process orchestrated by the Chester County Economic Development Foundation and the…
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From Troubled to Triumphant: A Look Back at West Chester’s History
Walking through downtown West Chester you could easily believe the borough has always been the success it is today, but that is not entirely true, writes Evan Jones for Reading Eagle. A center of commerce since 1762, West Chester has also had its share of down times. Starting in the 1960’s, a lot of the…
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County and CCIU Win National Award for Special Needs Career Development Program
Chester County has found an innovative way to serve up hands-on career skills to residents with special needs and satisfy the hunger of fast-paced county employees and members of the public all at the same time, and the initiative just won a national excellence award. The County Cup employs staff and volunteer interns to stock,…
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Malvern Architect Who Designed Olympic Golf Course in Rio Not Happy About Star Player Dropouts
Malvern architect Gil Hanse, designer of the Olympic golf course in Brazil, cannot hide his disappointment at the slew of high-profile golfers who have dropped out of the Olympic Games in Rio de Janeiro, write Brian Costa and Will Connors for The Wall Street Journal. Jason Day, Dustin Johnson, Jordan Spieth and Rory McIlroy–the top…
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Gary W. Smith Recognized For CCEDC Leadership: 40 Years, 175,000 Jobs, and 8,000 New Businesses
Close to 150 public officials, business leaders, and community members came together to celebrate Gary W. Smith’s four decades of work with the Chester County Economic Development Council, according to a staff report from the Daily Local News. The reception was held at Milky Way Farm in Yellow Springs to recognize Smith’s career which…
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Poll: Do You Plan on Expanding, Improving or Purchasing Your Building in the Next 12 to 18 Months?
[polldaddy poll=”9417949″]
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Health Care Connect – A Best Practice Story
The health care industry is an important component of both the business and residential communities in Southeastern Pennsylvania. To address the workforce needs of this specific segment, Health Care Connect (HCC) was formed. The partnership shares best practices, talent development/recruiting information, program ideas on trends and issues, and training grants to stabilize and strengthen the…
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