Philadelphia 2025 Forecast

Tue Dec 10, 2024

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Philadelphia 2025 Forecast

Name: Philadelphia 2025 Forecast
Start: 2024-12-10T08:00:00-05:00
End: 2024-12-10T11:00:00-05:00

Inside Look At Major Projects, New Development Trends, Impacts Of Rate Cuts On CRE And Winning Investment Strategies For The New Year

Tuesday December 10 2024 @ 8:00 AM EST

$109.00

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Speakers and Panels

Robert Zuritsky

President & CEO, Parkway Corp

Rich Gottlieb

President & COO, Keystone Development + Investment

Anne Cummins

COO, Gattuso Development

Brian Emmons

VP, Southern Land Company

Joseph Forkin

Joseph A. Forkin is the President and Chief Executive Officer of the Delaware River Waterfront Corporation (DRWC). He oversees the day-to-day operations and management of the non-profit corporation responsible for maintaining, programming and redeveloping the Central Delaware Waterfront District. He is a key strategist in waterfront planning, zoning, and development, having participated in over $900 million of waterfront redevelopment, including parks, trails, creative placemaking, infrastructure improvements, and private development. Mr. Forkin was instrumental in the development of the award winning Master Plan for the Central Delaware; he was a leader in a campaign to secure over $900M in funding to build critical infrastructure assets and attractions needed to elevate the marketing of the Waterfront District, to create new public access to the River, and to incentivize private development; he is responsible for the oversight and implementation of the design, development, marketing, and construction of Riverfront parks and attractions. He is DRWC’s liaison with City, State, and Federal government agencies and officials. Under Mr. Forkin’s leadership, DRWC has directly completed $100 million of public capital investments, leading to the successful opening of 11 major projects, with 8 more currently underway. The DRWC's strategic efforts have attracted $1.11 billion in private development investment, fostering the creation of 13,000 jobs. The market value of the waterfront area has increased by $1.06 billion, reflecting a growth rate of 140%. In addition, the DRWC proudly hosts hundreds of events every year, most of which are free to the public, showcasing and celebrating the rich cultural diversity of Philadelphia's communities. Mr. Forkin lives along the Delaware River in the East Torresdale section of Philadelphia with his wife, Heather, and his three children.

Delaware River Waterfront Corporation

President & CEO

Joseph Forkin

President & CEO, Delaware River Waterfront Corporation

Peter Downham

Vice President/Principal Scientist, Roux

Chuck Hurchalla

Founder and CEO, Evolution Sustainability Group

WHY YOU SHOULD ATTEND THIS 2025 PHILADELPHIA FORECAST EVENT

What You'll Learn:

With interest rates dropping, and a new president, how can owners capitalize on opportunities in the new year?
With an unprecedented amount of capital waiting on the sidelines, is there a concern of a dead cat bounce?
Many asset classes which thrived in the previous market sector have struggled as of late. Now that we are entering a better economic environment, which sector have a promising future in 2025
Investors had to pivot to extract any value in 2024? How are investors pivoting their investment strategies to thrive in 2025?
What creative strategies are developers employing to fill the capital stack? And how will the the capital bucket shift next year?
Will the market for distressed deals prove to be more fruitful in the new year?
What can investors expect from Philadelphia's current administration in terms of subsidies and tax breaks for new deals?
What will collaboration between developers, city officials, and local communities need to look like to result in positive steps towards tackling Mayor Parker's 30K housing units goal?

How you'll do more business:

Join us to have the chance to explore critical topics affecting Philadelphia's commercial real estate landscape and upcoming developments that will shape Philadelphia's skyline in 2025. Gain industry insights from a diverse range of experts, and foster invaluable connections and discover innovative strategies to address the challenges and seize the opportunities within Philadelphia's commercial real estate market.

Who attends:

Top investors, developers, owners, brokers and agents, policymakers, and industry experts in the Philadelphia commercial real estate market.

Why should you attend:

Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

For questions, recommendations, comments, or press inquiries please email our Event Producer, Joshua Piquion at Joshua.Piquion@bisnow.com. To request disability-related accommodations, please contact ally.araco@bisnow.com no later than seven business days prior to the event.

Agenda

Time	Activity
8:00 AM 9:00 AM	Coffee, Breakfast & Networking
9:00 AM 9:45 AM	Assessing The State of Finance & Capital Markets 1) Learn what investment strategies owners are pivoting to going into the new year. 2.) Discuss the cutting of interest rates and its impact it will have on upcoming deal opportunities.
9:45 AM 10:00 AM	Networking Break
10:00 AM 10:45 AM	Development Pipeline & Key Deal Considerations for 2025 1.) Learn what asset classes are poised for growth in 2025. 2.) Discuss major developments currently in the pipeline and how owner are managing these projects to ensure success.
10:45 AM 11:00 AM	Post-Event Networking

PHILADELPHIA'S 2024 PROJECTS, ARTICLES AND CURRENT EVENTS

Want to get a recap of everything covered at the event?

Purchase the post-event playbook and get the highlights sent to you in a post-event summary. Purchase here.

Call:	202-684-2034
Email:	eventregistration@bisnow.com