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April 24th, 2007
"The notion that a great urban university could advance academically and at the same time drive a city and an economy forward used to be a theory. Well, that theory has proof in Penn. We contribute $9.6 billion annually to the regional economy and are Philadelphia's largest private employer. But we need to further embrace our role as an economic engine.
We're building nanotechnology, neurobiology, and proton therapy centers that will have a multiplier effect. They will bring young professionals to Philadelphia for jobs in high-tech fields that are not just life enhancing but also life saving. Another important part of Penn Connects is transforming an ugly 24-acre industrial zone--the largest land purchase in our history--into a vibrant neighborhood with environmentally sustainable architecture and inviting green space and walkways that literally connect us to our community.
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