- Philadelphia is transitioning from an industrial based economy to a knowledge based economy.
- Red Fields to Green Fields will:
- Acquire 4,700 acres of distressed property.
- Create approximately 113,000 jobs.
Parks and accessible green space are important to the future of Philadelphia’s vibrant riverfronts because they complement existing uses, offer multiple benefits to the people who live, work, and play along the rivers, and thereby increase the property values for nearby landowners.