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Newsletter - November 2016
Featured Project

Rendering of Ucity Square
ESI completed a report for Wexford Science + Technology to validate University City in Philadelphia as an innovation district of choice, on par with and in many ways superior to other nationally prominent locations.

After an in-depth comparison of University City (Philadelphia), Kendall Square (Cambridge), Oakland (Pittsburgh), and South Lake Union (Seattle), the report concludes that University City is the highest-performing site among its peers. 

This suggests that it can compete well head-to-head with, and in some cases outpace these other locations on the fundamentals that matter the most to the companies that it and other innovation districts are seeking to attract.

To read the full report, click  here.
News from the lab

We would like  to thank all who were able participate in the Roubini ThoughtLab #CiscoChat which took place Tuesday, October 18, 2016. Participants were able to engage with noted thought leaders Dr. Nouriel Roubini, Louis Celi, Danny Vicente, and Joseph Pagano, about the technological, demographic and economic shifts that will transform the management industry by 2021. A recap of the conversation is available here. You can also download our Wealth 2021 infographic here.
Upcoming Events  
  • 11/11-11/19: State of Young Philly is an annual, week-long event hosted by Young Involved Philadelphia that brings together over 50 partner organizations and 1,000 young professionals, elected officials, and organizational leaders to examine the current state of young Philadelphia and generate change in the city. Click here to register.

  • 11/18: ESI President Stephen Mullin will be moderating ULI Real Estate Forecast 2017. Get no-nonsense expert insights from leading experts on the biggest trends impacting the intersection of land use, real estate and finance - around the Delaware Valley and around the world. Click here to register. 

  • 12/8: Save the date for PenTrans' upcoming December Event/Recognition 2016 on Thursday, December 8 from 4:30 - 6:30 PM at The Hub. Click here to register. 

  • 12/8: Attend the 40th Anniversary celebration as the Global Interdependence Center honors Board Member Catherine L. Mann for her commitment to the facilitation of international relations, trade, and global citizenship. The luncheon will take place from 11:30 AM - 2:00 PM. Click here to register. 

  • 12/15: Attend the date for the 2016 Annual CRE Holiday Party which will be taking place at the Pyramid Club from 6:00 - 8:00 PM. Click here to register.

Previous Highlights
ESI was invited to edit Context's Fall Issue dedicated to Infrastructure. Dig into the concerns facing the nation's crumbling infrastructure and explore its impact on a 21st century Philadelphia in articles authored by ESI's Stephen Mullin, Peter Angelides, Benedicte Clouet and Lauren Bauman.

ESI Vice President Lee Huang recently moderated a panel discussion on university-led economic development at the 2016 Pennsylvania Economic Development Association (PEDA) Fall Conference. The panel featured Dr Ali Houshmand, President of Rowan University, Dr. Marcia Welsh, President of East Stroudsburg University, and Dr. Stephen S. Tang, President of University City Science Center.

ESI President Stephen P. Mullin was quoted in an article published by the Philadelphia Business Journal which examines Montgomery County as the county with the most millionaires in Pennsylvania.

The SEPTA strike is over, but what's the impact on the local economy? Here is ESI President Richard Voith's take in the Philadelphia Business Journal.

CRE Fall Meeting
Councilman At-Large Alan Domb with Richard Voith

ESI President Richard Voith recently led the Counselors of Real Estate Delaware Valley Chapter (CRE) Fall Meeting. 

Special guest speakers included Councilman At-Large Alan Domb, along with Philip B. Korb, Partner at Ballard Spahr LLP. The discussion focused on the Philadelphia real estate market and the current state of the city followed by a brief Q&A session.

PenTrans' Advancing the 30th Street Station District

PenTrans, the Engineer's Club of Philadelphia, and WTS hosted "Advancing the 30th Street Station District: from Planning to Reality" in October.

Panelist speakers included Rina Cutler from Amtrak, Lloyd Sigal from KPF, John Grady from PIDC, and Anne Fadullon from City of Philadelphia. The panel discussed the opportunity to create a world-class neighborhood around 30th Street Station once the district's plan is completed in June 2017. ESI President and Principal, Richard Voith, made closing remarks and discussed the future of PenTrans and upcoming events. 
Check out some of our blog posts from October 
Econsult Solutions Advisory Board 
  • Senior Advisors Sidney Wong and Steven Nelson, along with Sr. Vice President and Principal, Peter Angelides, presented at the PA Chapter of the American Planning Association  2016 Annual Conference to discuss their research on Fiscal Impact Analysis using multipliers based on the current 2014 ACS-PUMS data. Click here to learn more. 
Staff News
  • Congratulations to our colleague, Daniel Miles on the birth of his second child, Olivia Miles. 
  • We are also proud to announce that ESI Senior Analyst, Alison Shott, has been selected to join the Board of Young Involved Philadelphia, where she will be serving for a two-year term beginning January 2017. Alison will also be helping in organizing and coordinating their future events including the upcoming State of Young Philly, November 11-19, 2016. 
Industry News                            Client Spotlight
  • A new report explores the dynamic between the rise in U.S. manufacturing output, and the expanding "skills gap" manufacturers are experiencing.
  • Bae Urban Economics helped create the most progressive inclusionary housing program in the US for New York City the details a are available in their new report.
ESI is Hiring

ESI is currently seeing a Marketing and Administrative Assistant, Research Associates, and is also accepting applications for Research Analysts and Research Analysts (GIS) for the start of 2017.

Click here to learn more about each of these exciting and rewarding positions.