Greater Philadelphia
Perfectly Positioned
Map Courtesy of DVRPC
Powerful Market
Population IncomeMetro Area (thousands) ($ billions)
New York 48,839.0 $1,402.2GREATER PHILADELPHIA 45,797.6 $1,332.2
Washington, DC 33,295.7 $1,010.5Boston 31,367.5 $938.7
Chicago 25,090.0 $658.6Los Angeles 23,390.1 $545.8
Atlanta 17,518.5 $430.1Houston 12,600.7 $292.2
Population and Income within 200 Miles (2006)
Greater Philadelphia
PopulationPopulation in the 10 Largest Metros (2004)
0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 20.0
Detroit
Atlanta
Washington, DC
Houston
Miami-Ft. Lauderdale
Dallas-Ft. Worth
GREATER PHILADELPHIA
Chicago
Los Angeles
New York
Population (Millions of Persons)
Gross Metro Product
2005 Employment by Sector
Economic TransformationPrivate Sector Employment Change - 1990 to 2005
-150.0
-100.0
-50.0
0.0
50.0
100.0
150.0
200.0
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Natural Resoures, Mining &
Construction
Manufacturing
Trade, Transportation &
Utilities
Information
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality Services
Other Services
Life Sciences
15 leading pharmaceutical firms; 8 headquarters 53,000 life science employees 312,000 supporting industry employees Milken Institute top ranked cluster
Leading Companies
15 Leading CompaniesAstraZeneca Pharmaceuticals LP*BaxterBristol Myers SquibbCephalon*Centocor Inc.*GlaxoSmithKline*Janssen Pharmaceuticals*Johnson & Johnson
Merck & Co. Inc.McNeil PPC Inc.Sanofi-SynthelaboShire PLCTeva Pharmaceuticals*Wyeth Pharmaceuticals*ZLB Behring*
* 8 Headquartered Companies (US & Int’l)
Healthcare
5 medical schools, 1 school of osteopathic medicine Schools of dentistry, optometry and pharmacy 120 hospitals 414 hospital beds per 100,000 persons #1 children’s hospital in the country 373.7 physician per 100,000 persons
Research and Development
Chemicals
Chemicals
Global Gateway
2 hours to 60% of U.S. and Canadian population 6 hours to West Coast and Europe 31.5 million air travelers 30 carriers 700 daily departures to 120 cities 52 daily non-stops to 31 international cities
Philadelphia Scheduled ServiceNorth America July 2005
Philadelphia Scheduled ServiceEurope, July 2005
Regional Access
1.5 hours to NY and DC by train 4 of the busiest Amtrak stations Public rail and commuter choices Vast highway network
Office Rental Rates
Lower Cost of Living
Los Angeles-Long Beach-Santa Ana, CA MSA 158.3San Francisco-Oakland-Fremont, CA MSA 157.2New York 148.9Boston-Cambridge-Quincy, MA-NH 136.2Washington DC MSA 135.2Philadelphia MSA 120.8Chicago MSA 117.4Miami MSA 116.6Atlanta MSA 97.4Dallas-Fort Worth-Arlington, TX MSA 92.6Houston MSA 88.9Note: values above are for the 4th quarter of 2005
ACCRA Cost of Living for Selected Large Metros - 2005
Personal Income
Lower Housing Prices
Affordable Housing
Talent
83 colleges and universities 65,000 degrees conferred annually
– 9,141 Associate’s Degrees– 32,900 Bachelor’s Degrees– 21,300 Advanced Degrees
350,000 full- and part-time enrollment
Good Life
Good schools Numerous arts and culture organizations Close to shore and mountains 8 professional sports teams 11 national parks within 50 miles Fairmount Park
– 9,000 acres– 215 miles of trails
Confidential and Complimentary Services
Accurate data Market intelligence Useful introductions VC/financing contacts Regional and site tours Locality coordination
200 South Broad Street
Suite 700
Philadelphia, PA 19102-3896
P: 215.790.3777 or 1.800.221.0774
F: 215.790.3720
www.SelectGreaterPhiladelphia.com