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Former Hahnemann building becoming a biotech hub
After sitting empty for a few years, the Hahnemann University Hospital campus is beginning to buzz with activity. One of the buildings on the block is now Race Street Labs, which is intended to be affordable lab space for young life sciences companies, according to the developer.
Already outfitted with the bones of lab space and backup water and generator systems because of its former use, the 120,000-square-foot building also underwent a full renovation — and has welcomed its first client, Zahav Bioscience.
➡️ Check out the difference in price and how Race Street Labs will move forward
This Philly org helps investments work for good
It’s standard to think about donating money and volunteering to make a positive impact, but those good deeds can be effectively canceled out if your money doesn’t support the same causes.
That’s the mantra of ImpactPHL, which has a mission to “inclusive, resilient and sustainable regional economy,” per executive director Cory Donovan. The org is hosting its annual Total Impact Summit on May 1-2 — and we’ve got a discount code for $500 off an access pass.
➡️ How ImpactPHL works with people and orgs to align investments and values
News Incubator: What else to know today
• InductEV, a company that builds autonomous wireless chargers for electric vehicles, opened a second location in Long Beach California. The company’s first headquarters is in King of Prussia. [InductEV/Technical.ly]
• Mayor Cherelle Parker announced a new PHL Open for Business program, which she says will streamline processes like permit requests, and establish a digital platform for businesses to access resources and generally cut some of the city’s red tape. [WHYY]
• Philadelphia is in a state of transition with a new mayor, new councilmembers, and a diversifying population thanks to an influx of new immigrants — all cause for optimism, according to the latest Pew State of the City report. However, the report notes, issues such as crime rates and poverty rates remain. [Pew]
• Do you have a unique professional journey others could learn from? Apply to be profiled in our How I Got Here series. These article focus on professionals in the tech community who have an interesting story, are doing exceptional work or are passionate about supporting the next generation. [Google Forms/Technical.ly]
🗓️ On the Calendar
• Philly Data and AI is hosting its April happy hour on April 16 at 6 p.m. [More Details]
Sarah Huffman is a 2022-2024 corps member for Report for America, an initiative of The Groundtruth Project that pairs young journalists with local newsrooms. This position is supported by the Lenfest Institute for Journalism.
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