Winter 2016
“The Economic Impact of Green City, Clean Waters: The First Five Years” Report Released
This highly anticipated report, commissioned by SBN’s GSI Partners, measures the local economic impact of the first five years of Green City, Clean Waters (GCCW). Findings show that GSI Partners experienced double-digit annual revenue growth from 2013 to 2014, and conservatively represent an annual economic impact of almost $60 million within the City of Philadelphia alone, supporting 430 local jobs and generating nearly $1 million in local tax revenues. Conservative projections estimate that, over the life of GCCW, public and private investments in GSI are expected to produce a $3.1 billion impact in the Philadelphia economy, supporting roughly 1,000 jobs per year and generating $2 million per year in local tax revenues.