Econsult Solutions, Inc. (ESI) prepared a study on the Economic and Fiscal Impacts of Comcast Corporation on the City of Philadelphia and Commonwealth of Pennsylvania and Proposed Comcast Innovation and Technology Center. ESI assessed the economic impact of Comcast Corporation in Philadelphia and Pennsylvania, and its newly proposed development project, the Comcast Innovation and Technology Center, which will be located along the 1800 block of Arch Street in Center City. The study evaluates the direct and indirect impacts that Comcast operations have yielded in the City of Philadelphia and Commonwealth of Pennsylvania since the opening of the Comcast Center at 17th and JFK Boulevard in 2008. The study also projects the direct and indirect economic impacts the construction and ongoing operations of the new Comcast Innovation and Technology Center will yield for the City and Commonwealth, which will include a Four Seasons luxury hotel and restaurant and infrastructure improvements.
