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VP Of Comcast Speaks On New Center City Skyscraper

PHILADELPHIA (CBS) -- Chris Stigall spoke with Comcast Executive Vice President David L. Cohen this morning on Talk Radio 1210 WPHT about plans to construct a new $1.2 billion office tower in Center City.

Cohen commented that he's very excited about the project and that it shows the cable company's commitment to Philadelphia.

"This is a project that does have the potential to transform Center City, and continue to make this city a place where young people with an interest in technology and innovation are going to be able to work, build their own businesses and really help to contribute to the future of the economy," he said.

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David L. Cohen

At the start, Comcast will occupy 75% of the building, with the top floors encompassing a new Four Seasons Hotel. Cohen said the reason for the expansion is that, "our company has literally become a technology and innovation hub and this is going to be a building for our technologies."

The 59 story structure is projected to house about 1,500 employees by the fourth quarter of 2017.

Cohen also claimed that since 2008, Comcast's Philadelphia workforce has undergone growth above original projections, primarily in the fields of "technology, engineering, innovation, and software engineering space." He also pointed out the design of the building will feature more open space with work areas that encourage collaboration.

The developer for the new Comcast tower, Liberty Property Trust, also developed One Liberty Place, Two Liberty Place and much of the Navy Yard.

Stigall finished the interview by asking Cohen to assess Governor Tom Corbett's performance and whether he deserves to be re-elected.

Cohen responded, "I personally think he's been a very good Governor, focused on economy-building and job generation. I think he gets a bad rap on some of the social issues. I think he's done the best he can in a tough environment."

He concluded by saying he believes Corbett deserves a second term.

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