Keynote: The Impact of Socioeconomic Culture on Philadelphia’s CRE Market -- What’s at Stake and What to Expect for 2019
Date & Time
Wednesday, February 13, 2019, 1:35 PM - 1:55 PM
Philadelphia's historically lower-income neighborhoods have been gentrifying at a rapid pace over the last 5-10 years. While this trend of gentrification brings in an influx of new middle- and upper-class residents, the original inhabitants of these neighborhoods are increasingly becoming priced out of their homes. Additionally, these newly redeveloped areas still often experience a similar level of crime as their previous incarnations. This has a huge impact on Philadelphia’s CRE market. This keynote address will provide insight to the state of the city's socioeconomic culture, and how it’s affecting CRE development, investment and retention.
Maria Gonzalez, President & CEO, HACE