Rite Aid will officially start calling Philadelphia home on Wednesday.
The collaboration headquarters is located on the second floor of 1200 Intrepid Avenue in South Philly.
The space will mainly be used for company gatherings, as Rite Aid had previously announced its corporate workforce of roughly 2,800 employees was going remote. Rite Aid President and CEO Heyward Donigan will be joined by Philadelphia Mayor Jim Kenney and others for the ribbon-cutting ceremony., with a goal of creating 12,000 jobs and bring more people to the growing South Philadelphia campus.
"It's going to bring $6 billion worth of investment to the city, approximately 12,000 new jobs and it's going to bring the first residential community here since the base closed," said PIDC Vice President Kate McNamara, who is responsible for planning, design, construction, infrastructure, transportation, facilities operations, and real estate development at the Philadelphia Navy Yard.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Court orders California to pause denying pandemic rent aidAdvocates say rent aid has been unfairly withheld from California renters.
Read more »
UN aid to Syria from Türkiye 'to continue' until JanuaryUNSC allows UN aid deliveries to some four million people in northwest Syria, diplomats say, after days of wrangling with Russia over how long to let the huge operation continue.
Read more »
Commentary: We are still putting a Band-Aid on the infant formula crisis'Unhelpful and inaccurate political blaming of both sides, rather than understanding the decades-long systematic causes of the shortage, has not put formula back on the shelves.'
Read more »
Gov. Greg Abbott spends an additional $30 million on Operation Lone Star to aid local governmentsGreg Abbott announced Thursday that the state will spend an additional $30 million on his border mission, Operation Lone Star, to provide grants to cities and counties seeking financial assistance to combat criminal activity related to border crossings.
Read more »
China deploys deorbiting 'drag sail' to aid fight against space junkA large sail deployed by China aims to deorbit a rocket component within two years.
Read more »
UNSC approves six-month extension in aid delivery to Syria from TürkiyeThe latest UN resolution received support from 12 of the Security Council's 15 members, including Russia, China, and the grouping's 10 non-permanent members.
Read more »