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We are Philadelphia’s public-private economic development corporation. We provide financing and real estate products to businesses, nonprofits, and developers in all neighborhoods of Philadelphia.

Financing

PIDC has financing resources to serve the unique needs of businesses, nonprofits, and real estate developers. Learn how we can connect you to the capital or information you need to grow.

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Real Estate

With a robust diverse selection of land, properties, and financing tools, PIDC provides a full range of resources to support impactful real estate development projects in Philadelphia that create quality jobs and advance economic growth.

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Client Success Stories & News Updates

View stories from PIDC’s diverse partners and clients, highlighting the impact of our work. Plus, check out the latest news and updates on PIDC.

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Our Impact at a Glance

The numbers speak volumes. See the facts and figures on PIDC's activities. Since its inception, PIDC has had a transformative impact across Philadelphia:

13K+

Transactions closed, supporting a diverse range of clients

$21B

in financing, helping retain and create hundreds of thousands of jobs

3K+

Acres of land sales, spurring transformative projects

$520M+

Loan portfolio at year-end 2024, representing 548 loans

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“PIDC supported me as a founder in building my credit and connecting me to resources and financial coaches. I can’t speak highly enough of what PIDC’s support means to us.”

Will Toms
Co-Founder & Chief Creative Officer @ REC Philly

PIDC Theory of Change & Strategic Framework

With a strong foundation and a 65-year track record, PIDC’s Theory of Change builds the basis for our Strategic Framework, providing a roadmap for PIDC to fulfill its mission and drive economic growth that benefits all Philadelphians in an increasingly competitive global economy.

View PIDC's Strategic Framework

Reinventing the Navy Yard

Since acquiring the 1,200-acre site from the Federal Government in 2000, PIDC serves as the master developer of the Philadelphia Navy Yard by leading the planning, development, and operation of the Navy Yard on behalf of the Philadelphia Authority for Industrial Development (PAID).  Dubbed the “the coolest shipyard in America” by POLITICO, today, the Navy Yard is an expanding community of 15,000 employees and 150 employers who occupy 8M square feet of facilities across a mix of property types, including office, retail, industrial, research and development, and institutional.

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Latest News

June 17, 2025

Fueling Philadelphia’s Future: PIDC’s 2024 Annual Review

We’re proud to share PIDC’s 2024 Annual Review, reflecting on a year of progress, innovation, and investment across Philadelphia. Throughout the year, PIDC remained focused on fueling the city’s growth — supporting small businesses, advancing real estate development, expanding access to capital, and strengthening communities. In 2024, PIDC closed 297 transactions, providing financing to 262

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June 16, 2025

Venbisustore Creates Jobs & Opportunities for Venezuelans in Philadelphia

In a city rooted in love, tradition, and entrepreneurship, businesses that support families and culture serve as vital pillars of Philadelphia’s economic growth. Among these many businesses is Venbisustore, a company dedicated to celebrating Venezuelan culture while uplifting communities. Founded in 2023 by Gladis Avila, Venbisustore imports handcrafted arts and crafts from towns and cities

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June 16, 2025

PIDC Awarded $500,000 EPA Brownfields Assessment Grant to Advance Revitalization along the Lower Schuylkill River

PIDC is proud to announce that the Philadelphia Authority for Industrial Development (PAID), a municipal entity through which our organization manages land and buildings for itself and on behalf of the City of Philadelphia, has been awarded a $500,000 Brownfields Assessment Grant from the U.S. Environmental Protection Agency (EPA)—the maximum grant amount available. This funding

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