17th Annual Builders Conference
Philadelphia's Development Climate
How the 10-Year Tax Abatement Shaped the Last 20 Years and What's Next
Since the City of Philadelphia launched the 10-year property tax abatement for new construction and improvements, real estate activity has grown exponentially. While not wholly attributable to the abatement, there is no question that this tax incentive is a significant factor in the city's explosive growth the last 20 years. But the abatement continues to draw fire from opponents and its future is under perennial threat.
At its 17th annual Builders Conference, the Building Industry Association of Philadelphia will examine the abatement's impact to date and its future, including how changes in policy can affect the city's development climate and shift markets.
3:00 Registration, Networking and
Supplier Showcase
Refreshments
4:00 Welcome
James Maransky, President
BIA of Philadelphia
4:15 Philadelphia's Development Climate
Opening Remarks: Mayor Jim Kenney
(Invited)
4:30 The 10-Year Tax Abatement and
Its Impact on the Local Economy
Kevin Gillen Ph.D., Senior Research Fellow,
Lindy Institute, Drexel University and
Senior Economic Advisor to Houwzer LLC
Paul Levy, President and CEO
Center City District
Leo Addimando, Alterra Property Group
Allan Domb, Philadelphia City Council
Kevin Gillen, Lindy Institute
Gary Jonas, The HOW Group
Paul Levy, Center City District