City & PIDC Announce Awards from COVID-19 Hospitality Industry Recovery Program (CHIRP)

More than 980 Philadelphia businesses selected to receive over $17 million in grants PHILADELPHIA, PA (January 13, 2021) – The City of Philadelphia and PIDC today announced that 981 Philadelphia businesses have been selected to receive a total of over $17 million from the Pennsylvania COVID-19 Hospitality Industry Recovery Program (CHIRP), the statewide program created by

PIDC Celebrates Employee Anniversary Milestones

All of our employees are such a significant part of our team and we couldn’t imagine our workplace without them. Recently, a few of our employees reached their anniversary milestones. Please join us in congratulating them on achieving 5-25 years of service.  Our employees have all worked hard for this accomplishment and we truly appreciate

African-American Chamber of Commerce of PA, NJ, & DE

Formed in 1993, the African-American Chamber of Commerce of PA, NJ, and DE (AACC) is a membership organization that serves businesses in the public, private, and independent sector that are committed to supporting the economic empowerment and growth of African American businesses located in Southeastern Pennsylvania, Southern New Jersey and Northern Delaware. It’s primary goal

Support AAPI-Owned Businesses

PIDC is proud to support diverse businesses in Philadelphia. As we prepare to celebrate Asian American and Pacific Islander Heritage Month in May, we are highlighting a few of our client businesses that are Asian American and Pacific Islander owned. We encourage you to support these clients, and other businesses throughout Philadelphia, today and beyond.

Meet Our New PIDC Board Members

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We are thrilled to welcome two new members to our PIDC Board of Directors. Meet our new members, Dominique Casimir and Lee Huang. Dominique Casimir, MBA Vice President, Real Estate Thomas Jefferson University Dominique has been a rising force in the Philadelphia commercial real estate industry for the past 15+ years. She is currently the

Support Women-Owned Businesses

PIDC is proud to support women-owned businesses in Philadelphia. In celebrating Women’s History Month, we are highlighting just a few of our many PIDC client businesses owned by women. We encourage you to shop at and support these clients and other women-owned businesses throughout Philadelphia. Plus, check out some of our partners that provide resources

Logistics & Distribution Update: February 2021

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Philadelphia has seen unprecedented real estate development in the booming logistics and distribution sector in recent years. One site that best exemplifies this surge in activity and PIDC’s role in supporting its growth is the former Frankford Arsenal in Philadelphia’s Bridesburg neighborhood. In 2014, Dietz & Watson, a family-owned and operated Philadelphia-based purveyor of deli

U3 Ventures Redevelops Historic Building

Real estate development firm, U3 Ventures, is a West Philadelphia-based company that focuses on redevelopment of ignored or unappreciated locations that nonetheless possess high potential for private and community value creation. In 2019, PIDC helped U3 Ventures refinance the acquisition and renovation of a soon-to-be vacant 3-story, 20,000 sq. ft. historic building at 40th and

RESTART Update: Supporting Small Businesses

Paragraph  Working in partnership with the City of Philadelphia Department of Commerce, the Chamber of Commerce for Greater Philadelphia, and Philadelphia Works, we have jointly identified four phases of work to drive an equitable economic recovery in Philadelphia: 1. RESPOND 2. RESTART 3. RECHARGE 4. REIMAGINE In July, we announced our full recovery plan, detailing each phase in

Applications Open for 2021-2022 PIDC-D’Alessio Scholarship For Urban Development

Walt D’Alessio has committed more than 46 years to PIDC as its chief executive and Chairman. He embodies the core principles of the PIDC partnership—dedication, integrity, and an unwavering commitment to supporting growth throughout Philadelphia.  As part of PIDC’s 60th Anniversary in 2018, and in recognition of Walt’s decades of commitment and leadership at PIDC;