University City District to Host Red Carpet Gala Monday

The University City District is holding a first of its kind event Monday night: a red carpet celebration of the district's progress and where it's going.

The University City District is, boasts its officials, Philadelphia's boomtown and they want to show it off. As of now there are more than a dozen new restaurant openings and nearly $1.7 billion in real estate projects. And executive director Matt Bergheiser says it doesn't stop there:

"Come August, we'll see 5,000 workers come to the old Post Office facility across the street from 30th Street Station that has sat dormant for a number of years, as the IRS moves its processing facility to directly across from 30th Street Station. And that's a major win for Philadelphia. Those are jobs that could have gone anywhere."

For more on the University City report, go to universitycity.org.