PHILADELPHIA, PA—Philadelphia's diversity is driving commercial real estate activity in the city, according to Maria Gonzalez, president and CEO of HACE, a community development organization working to make its core neighborhoods a place of choice for a mixed income, ethnically diverse population.
Gonzalez, the keynote speaker at ALM's GlobeSt.com Philadelphia Conference on Wednesday, February 13, at the Crystal Tea Room, told about 300 commercial real estate market participants that three primary waves of immigrants have expanded the city's population mix, followed by millennials and their rising interest in urban living.
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