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140898Signed Into Law

City Council Clears Way for New Concession Deal at Philly Airport After 7-Year Review

Locallow impact · 3/10substantive140898

City Council Clears Way for New Concession Deal at Philly Airport After 7-Year Review

Official:Authorizing the Procurement Commissioner and the Deputy Mayor, Transportation and Utilities, on behalf of the City of Philadelphia, to enter into a concession agreement for the management of the food, beverage, retail and passenger services program at Philadelphia International Airport, and ancillary Additional Services Agreement, all under certain terms and conditions.

Sponsor: Councilmember Johnson

Introduced: November 13, 2014

Signed: December 11, 2014

: Committee on Transportation and Public Utilities

business economic development traffic

Status: Signed into Law, step 4 of 4

Introduced
In Committee
Passed Council
Signed into LawNow

Plain-Language Summary

This bill allows the city to enter into a concession agreement with MarketPlace PHL, LLC to manage food, beverage, retail, and passenger services at Philadelphia International Airport for 7 years, with optional renewal periods.

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Philadelphia Context

Business Climate

Total business licenses: 95,000
Small businesses (<50 employees): 97.2%
Business privilege tax rate: 1.415%
Net income tax rate: 6.20%
Commercial vacancy rate: 14.5%

City of Philadelphia Commerce Dept 2023

Labor & Employment

Total employed residents: 697,000
Union membership: 14.2%
PA state minimum wage: $7.25/hr
City wage tax (residents): 3.75%
City wage tax (non-residents): 3.44%

BLS 2023, City of Philadelphia Revenue Dept

City Budget

Total FY2025 operating budget: $6.3 billion
General Fund: $5.6 billion
Police Dept: $885 million
Human Services: $520 million
Fire Dept: $298 million

City of Philadelphia FY2025 Operating Budget

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