If you’ve been following our Philadelphia Housing Index (PHI) posts, you may have noticed one neighborhood we have not spent a lot of time talking about has been Brewerytown. But in the last 2 years, this neighborhood has seen a significant rise in its PHI and growth in the home sales activity that it’s worth […]

What is a hyperconnected city? ESI ThoughtLab defines it as one that leverages new digital technologies to transform and interconnect key areas of an urban ecosystem in order to unlock the greatest potential economic and social benefits for its citizens. These benefits come in different forms—from quantifiable advantages such as faster public transportation, lower crime […]

Perhaps the most prominent historical example of arts as a local economic cluster is Renaissance Florence. The arts in Florence during the Renaissance period served as a hub for painting, sculpture, and architecture. While supported by demand in the local area through endowments and patronage, arts production was a prominent commercial activity. Final demand for […]