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Newsletter - September 2017
Featured Project
Impact from Innovation: Carnegie Mellon University

ESI was retained by Carnegie Mellon University (CMU) to produce an economic impact study demonstrating the importance of the university as a regional and global economic engine. Our report found that the university generates an estimated $2.7 billion economic impact annually and supports 18,000 jobs in Pennsylvania. CMU has also been positioned as a prime destination for cutting-edge technology firms and investment, remaking Pittsburgh's global brand in the process. 
Learn more about our work for the University and read the full report.
Reading Terminal Market Wants Your Input

Reading Terminal Market (RTM) is undertaking a survey to gauge customer input related to its fresh food offerings (produce, meat, seafood, dairy, baked goods and ingredients), product mix, market environment, parking, and more. Your input is important to us. RTM will use the survey results to evaluate its fresh food offerings and elevate its overall shopping experience. The survey will close Tuesday, September 26, 2017.
DOT to Award $500M in TIGER Grants in 2017 

Applications for a TIGER grant are due on Monday, October 16, ESI can help with your benefit-cost analysis and TIGER applications. With our vast experience in planning and urban economics, we have been providing assistance for numerous clients nationwide who are seeking TIGER grants. Our experts have worked with public agencies to help them compile full application packages and show how their projects will have positive economic, transportation, social and environmental impacts. Discover what we can do for you   here
Designing Organizations  during  DesignPhiladelphia 2017

ESI will host  "Designing Organizations: Human-Centered Design as a Tool for Organizational Innovation" on October 12, 2017 during DesignPhiladelphia 2017 featuring our Senior Advisor and design strategist, head of Figure 8 Thinking, Natalie Nixon For more inform ation on event details and how to register, click here
News from the Lab
ESI ThoughtLab CEO, Lou Celi, will preview the findings of Wealth and Asset Management 2022 at Appway's Sphere for Banking event in New York City on September 25. Appway, a leader in guiding institutional digital transformations worldwide, is a sponsor of ThoughtLab's Wealth 2022 research, which provides deep insights and leadership perspectives on the future of the wealth management industry. Look for the release of the full report in early October.
Previous Highlights

Lee Huang was a speaker on the "Overview: The Community Reinvestment Act at 40: Where have we been, Where are we gong?" panel for The Community Reinvestment Act at 40, a community luncheon during the Philadelphia NeighborWorks Training Institute on August 14. 

Stephen Mullin spoke at King of Prussia District's (KOP BID) Trends Panel on September 7. Mr. Mullin moderated the panel including the following speakers: Jerry Sweeney of Brandywine Realty Trust, Dan Simons of Founding Farmers, Peter Sikora of Bozzuto Management, Adam Sacks of Tourism Economics, and Leslie Richards of PennDOT.
WE Global Network lunch
The  Welcoming Economies (WE) Global Network  hosted a lunch meeting at the  ESI office on August 29, where two delegations from Pittsburgh and Detroit came together to discuss geographic growth and immigration. 
Proud to Sponsor

Check out our August Blog Posts in Present Value

Senior Advisory Board News
Both Joel Naroff and Catherine Timko discussed Center City's retail market including the future of the industry and where retailers will open otherwise in Philadelphia. 

Dr. Naroff also penned this article for The Inquirer on the perception of milliennials as the "job-hopper generation" in the workforce. 

Ms. Timko will also attend the IEDC Annual Conference in Toronto from September 17-20. Don't hesitate to reach out if you're planning to attend the conference. In addition, Ms. Timko's company, the Riddle Company, was awarded a contract for real estate marketing and lead generation services by the Monmouth Economic Revitalization Authority to promote the Fort's unique features.

David Boonin conducted a workshop on Managing Risk and Uncertainty in Utility Planning in San Juan Puerto Rico. Representatives of the Puerto Rico Energy Regulatory Commission, the island's electric utility, the consumer advocate and the fiscal oversight commission were in attendance. Mr. Boonin has also started an engagement advising the New York State Energy Research and Development Authority.

Richard Bickel participated in the Transit Cooperative Research Program (TCRP) Screening Panel on August 22 in Washington, DC to review 28 problem statements proposed for TCRP funding. This panel decides which  proposals should receive study funding in 2018

Bernard Markstein was quoted in this Associated Builders and Contractors article on the National Construction Unemployment rate and the reprint in American Surveyor.

Bernard Anderson was a featured guest on C-SPAN, Washington Journal, Saturday, August 19. Dr. Anderson made the case that racial inequality in American economic life was a major factor contributing to racial tensions today. Read more about his TV segment here

Alan Greenberger was interviewed by Philly.com to explain the fate of the Frank Rizzo statue and how the Art Commission will be involved. Natalie Nixon is also a member of the Commission.
Staff News

Steve Mullin gave opening remarks at the Community College of Philadelphia's Goldman Sachs 10,000 Small Businesses Cohort 13 Closing Ceremony on August 10.

ESI intern and Drexel University STARS Research student, Isabella Santosusso, presented her research, mentored by Steve Mullin, at the 2017 STAR Scholars Summer Showcase
Industry News                            Client Spotlight
  • Philly's first one-way protected bike lane opened in late August.
  • Share your thoughts on how Media, PA can improve via this survey.