| | Philadelphia Inquirer | 06/08/2006 | Philadelphia Stock Exchange negotiating for technology hub at Navy Yard (Site not responding. Last check: 2007-10-19) |
 | | The Philadelphia Stock Exchange said today that it was negotiating for a $25 million to $30 million technology hub at the Navy Yard on land that would entitle it to substantial tax savings. |
 | | The exchange said it expected to retain its offices at 19th and Market Streets, but could shift up to 60 information-technology employees, or 15 percent of its workforce of 395, to the new, 25,000-square-foot building. |
 | | John Grady, senior vice president at the Philadelphia Industrial Development Corp., the quasi-public agency responsible for converting the former Naval Base into civilian use, said: "It's important for PIDC and the city to retain the stock exchange in Philadelphia, and to allow it to grow and thrive here. |
| www.philly.com /mld/philly/news/local/14773329.htm (495 words) |