Urban Outfitters Invests $200 Million To Expand Facilities In Philadelphia And Gap, Pennsylvania
10/07/2013
Urban Outfitters’ expansion plans consist of two separate components: a headquarters expansion at the Philadelphia Navy Yard and construction of an east coast direct-to-consumer fulfillment center in Gap, Lancaster County. Overall, the firm will invest more than $200 million in both projects that are projected to create at least 500 new jobs in Gap and 2,000 new jobs in Philadelphia upon completion.
“On behalf of our customers, employees and shareholders, I thank Governor Corbett for his personal involvement in these projects,” said Richard A. Hayne, Chairman, President and CEO, Urban Outfitters. “Our company has had a history of success in Pennsylvania and these projects will provide the additional infrastructure necessary to achieve our corporate growth objectives for years to come.
“Governor (Tom) Corbett’s commitment and leadership was evidenced by his administration working with numerous local and regional economic development agencies. There was seamless support and unified effort with his leadership at the top. We look forward to URBN’s continued rapid growth and the resulting increase of the number of jobs for Pennsylvanians,” Hayne added.
“Founded in University City more than 40 years ago, Urban Outfitters is a true success story that continues to grow and create new jobs,” Lt. Governor Jim Cawley said. “Today, Governor Tom Corbett and I not only recognize the success and growth of a Pennsylvania-founded firm, we celebrate the 2,500 jobs that will be created in Philadelphia and Gap.”
Urban Outfitters will be eligible to receive Keystone Opportunity Zone benefits at both the Philadelphia Navy Yard and the site in Gap for a period of 10 years. The City of Philadelphia and the Philadelphia School District approved the extension of an existing KOZ. The Lancaster County Commissioners, Salisbury Township Board of Supervisors and Pequea Valley School District approved the designation of a new, KOZ in Gap. KOZs offer developable sites with either greatly reduced or eliminated state and local taxes.
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024