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The biggest developers in office, multifamily and life sciences development have their eyes set on Philadelphia. Thanks to its affordability, the city didn’t lose residents during the coronavirus pandemic. But questions remain about how healthy the city’s economy really is.
Philly’s tax code may be a drag on new business, and though vaccinations are on the rise, the return to the office is still up in the air. Could a city budget crisis imperil large-scale developments from the Navy Yard to the Northern Liberties?
At Bisnow’s Philly State of the Market digital event on May 19, hear from Philadelphia Mayor Jim Kenney, developers, brokers, investors and local officials about how the city is coming out of this crisis and into the next era.
You’ll also meet:
Leo Addimando, managing partner, Alterra Property Group.
Allan Domb and Derek Green, councilmen, city of Philadelphia.
Lauren Gilchrist, senior vice president and head of research, JLL.
Dawn Summerville, deputy commerce director, city of Philadelphia.
Matthew Pestronk, president, Post Brothers.
Philadelphia’s current tax code is notoriously onerous for businesses, and while the wage tax cut in the next budget will be welcome, it isn’t the structural change some have called for. What changes does Philadelphia need to its tax code to keep pace with its East Coast peers in the pandemic recovery? And where are savvy investors looking for the next big opportunity in the city?
Get answers to these questions and more on Bisnow’s two panels. Plus, connect with other attendees using direct messages, video chatting and speed networking.
Save 20% using code PHILLY20 on your ticket when you register!
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