New JLL Report Names Philadelphia an Innovator City

JLL released its annual Demand and Disruption in Global Cities report that ranks 500 cities throughout the world based on multiple factors, including quality of life, innovation, sustainability, and resilience. Philadelphia was named a New World City and categorized as an Innovator for the first time.

The report shares key trends in 2019, new economic models, the future of these global cities, and more. In one particular section, JLL breaks down the 2019 New World Cities and states, “Philadelphia now places among the top cities globally across the benchmarks of startups and science and technology produced both within and outside of the U.S., ahead of many other “New World Cities” specializing in innovation. It is gaining global influence in health care and now routinely ranks in the world’s top 30 cities in measures of economic clout due to its skilled talent pool, high-quality universities, and business gateway infrastructure.”

In 2017, Philadelphia was named among the Top Emerging Startup Hub in the U.S. by TechNet and Progressive Policy Institute. Our region continues to stand out as an emerging global destination for startups, innovators, and investors.