NBC10.com - George Spencer
Philadelphia-based chain Urban Outfitters is expanding its corporate headquarters at the once-neglected Navy Yard, and doubling the size of its work force, which means thousands of new jobs. NBC10's George Spencer reports.
Pennsylvania government officials say Urban Outfitters Inc. plans a $200 million project to expand its Philadelphia headquarters and add a facility in central Pennsylvania.
The state said Monday the expansion will eventually result in 2,500 new jobs, more than doubling its Pennsylvania workforce.
The company is eligible for tax breaks through the Keystone Opportunity Zone program.
The plan is to expand its facility at the Philadelphia Navy Yard and build an East Coast distribution center in Gap, which is in Lancaster County, Pa.
"They're running a good business," said Margaret Corrigan, an Urban Outfitters customer.
The company, which was founded in University City in 1970, and its four associated bands already employ 1800 people.
"It's cheap and everything's cute," Corrigan said. "Everything is good. You want something and it's normally under $50."
The expansion also means further renewal at Philadelphia's once neglected Navy Yard which is now home to more than 130 businesses. In return for the investment, Urban Outfitters will receive state tax breaks for ten years.
As part of the expansion, the company is also adding 500 jobs at a new distribution center in Lancaster County. The new jobs will be posted, as they open, on the Urban Outfitters website.
More NBC10.com stories: