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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, advance equity and promote sustainability.

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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 supporting a diverse range of clients

$19.5B

Financing, helping retain and create hundreds of thousands of jobs

3K+

Acres of land sales, spurring transformative projects

$400M+

Loan portfolio at year-end 2023, representing 554 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 identified the need to develop a new Theory of Change with three intersecting lenses – racial equity, future of work, and resilience and sustainability.  This plan builds the basis for the PIDC Strategic Framework which is intended to serve as a roadmap for PIDC to achieve its mission and strive toward a more inclusive, equitable, and sustainable Philadelphia where all residents benefit from economic development and a growing 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

November 20, 2024

Driving Growth: PIDC Recaps This Season’s Economic Development Conferences

At PIDC, we recognize that staying informed and connected is essential to driving meaningful impact in Philadelphia’s communities. That’s why our team members actively participate in conferences, events, and workshops focused on community, professional, and economic development. These opportunities allow us to learn from industry leaders, share best practices, and exchange ideas with peers from

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November 15, 2024

PIDC Cares: Nonprofits Our Team Loves

At PIDC, we’re committed to not only growing Philadelphia’s economy but also to supporting the organizations that make our city a stronger and more inclusive place. In the spirit of the holiday season, we asked our team members to share some of their favorite nonprofit making our city better for all. Whether they’re feeding the

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November 14, 2024

Get to Know the Urban Land Institute Philadelphia—Where the Future is Built

PIDC is proud to have a network of partners working together to ensure Philadelphia continues to attract business investment, development, and job creation by connecting you to resources that can help you reach your goals. One of these partners, the Urban Land Institute (ULI) Philadelphia, is making a big impact across our city. ULI is

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