Wilmington is a vibrant, growing future-focused community that has benefited from $400-billion in regional investment. Wilmington is in the middle of it all, within 20 minute of Philadelphia and 1 ½ hours to NYC and Washington DC by train. Businesses locating here benefit from this convenient access and a lower cost of doing business than many neighboring east coast cities. In fact, due to legal and tax advantages, 65% of Fortune 500 companies are registered in Wilmington and the greater state of Delaware.
Fact: It costs just 88% of the national average to do business in Wilmington!
Hiring top talent is easy in Wilmington with over 6+ million people living in the larger MSA (made up of Philadelphia, Camden, Wilmington, PA-NJ-DE-MD). Businesses are attracted to Wilmington’s young, highly educated workforce and the ability to recruit out of Wilmington and Philadelphia’s universities. Another recruitment advantage is Wilmington’s lifestyle amenities such as downtown housing, and riverfront living, walking trails, events, live music, dining and downtown shopping.
With billions being invested in the metropolitan area, now is the right time to invest in the City of Wilmington.
Wilmington is located in the Northern tip of the Delaware peninsula marked by dune-backed beaches bordering the Atlantic Ocean, Delaware River and Delaware Bay. The city is known for the Riverfront, a waterside district of parks, boutiques and restaurants. It is strategically located 20 minutes South of Philadelphia. It is 1hr 15 minutes to D.C. via Union Station or 1hr 56 minutes via SW on I-95, 1hr 45minutes to NYC via train or 2 hours NE via highway 95. Business owners find it convenient that the Philadelphia International Airport is 24 minutes NE via I-95.
Wilmington is unique in the fact that it is home to industries such as FinTech, Legal, Healthcare, Logistics, and professional services - a truly diverse hub of American ingenuity. Simultaneously, the community is attracting entrepreneurs with its authentic and energetic spirit, along with its vibrant downtown full of activities, shopping, and dining.
Known for its young energetic workforce, Wilmington hosts major employers such as:
Morris Nichols Arsht and Tunell
We encourage site selectors and business executives to contact the Office of Economic Development to learn more about Wilmington and why now is the right time to invest in this growing east coast city.