The North Broad Renaissance (NBR) – a non-profit supporting revitalization efforts along North Broad Street – is preparing to release the first ever “State of North Broad” report. The report, which was completed in partnership with Econsult Solutions Inc., is scheduled to be released during the 2016 State of North Broad event on December 15th, and highlights significant growth and redevelopment opportunities – including over $1 billion in development, and an expected population growth by more than 24.8 percent by 2021. Econsult provides economic consulting services for government entities, non-profit organizations and businesses.

   “The 2016 State of North Broad report will help us understand the opportunities and challenges along North Broad Street from a broad perspective,” Shalimar Thomas, Executive Director of the North Broad Renaissance, said. “It also helps us understand exactly what we need to do as a community to build on those opportunities and address those challenges.”

  Research shows that more than 4,000 crimes took place along North Broad Street in 2015. In addition, this major thoroughfare has a 14.3% vacancy rate, and 46% of the population makes less than $35,000 a year. In conjunction with the State of North Broad report, the NBR community-based, five-year strategic plan highlights this and examines opportunities for improvement.

  “The implementation of the North Broad Renaissance 2020 Vision will work to revitalize communities, culture and commerce in a neighborhood that has a rich historic background,” said Kenneth Scott, Board Chair of North Broad Renaissance. “We have developed a plan, and now we are eager to begin the work, with the help of partners and supporters who will help us reach our shared goals for the community.”

  The 2016 State of North Broad event takes place on Thursday, December 15th, from 6PM to 9PM at the Pennsylvania Convention Center, North Broad Atrium. To learn more about The North Broad Renaissance (NBR) and the 2016 State of North Broad report, call (267) 318-7772. •