North Broad Renaissance is the business improvement district for one of Philadelphia’s most prominent corridors, anchoring adjacent neighborhoods, supporting businesses, and community mainstays.
To improve the quality of life, North Broad Renaissance has multifaceted goals for the revitalization of North Broad Street and adjoining neighborhoods. The organization fosters business development with an aim to provide employment opportunities while strategically encouraging economic growth. It focuses on driving growth of existing businesses, and attracting new businesses that complement the commerce and culture that exist on the corridor, serving the needs of residents and those who make the corridor a destination.
Econsult Solutions has provided economic strategy analysis to the organizations for several years going. Each year, North Broad Renaissance releases to the community a report that recaps the corridor’s successes, and sets objectives for the coming year that are supported by forecasts. ESI plays a role in this by providing data analyses on population, workforce, and land development trends.