To continue its momentum, the city needs to brand itself as a destination for medical innovation, safety and livability. Philadelphia is uniquely positioned to capitalize on this strength as a hub for ‘eds and meds’ and its place as a home for companies focused on advancements in cell and gene therapy. Now, successful cities are defined by a dynamic mix of talent, innovation, diversity and inclusivity – all areas where Philadelphia excels, yielding a high global rank.Ĭity competitiveness has shifted once again in light of the COVID-19 pandemic, emphasizing on health and safety as well as innovation in the life sciences sector. Traditionally, GDP and size were the main parameters for ranking cities’ stature around the world. A key part of the presentation included an outline of three ways Philadelphia can further position itself for growth and expand its global presence in the coming years. To expand on Philadelphia’s key differentiators and areas for growth, JLL’s Chief Research Officer for the Americas, Ben Breslau, presented research findings at The Chamber of Commerce of Greater Philadelphia’s Innovation Talks: Recharging Global Cities virtual event.īreslau provided insight by comparing Philadelphia’s outlying strengths to other global cities ranked in the report, marking key differentiators that will continue to propel the city forward. In terms of “second-tier” cities, Philadelphia consistently dominates for its ability to attract international investors and young talent. metropolitan areas identified as a “New World City” in the Demand and Disruption in Global Cities report. In 2019, Philadelphia entered the global stage as one of the few U.S.
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