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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

August 28, 2025

Celebrating PIDC’s Partnership with the African American Chamber of Commerce for Greater Philadelphia

At PIDC, we know strong partnerships are key to helping Philadelphia’s business community thrive. That’s why we’re proud to spotlight the African American Chamber of Commerce for Greater Philadelphia, an organization dedicated to advancing Black-owned businesses through advocacy, education, and meaningful connections.  Together, we’re working to create opportunities, expand networks, and ensure that entrepreneurs across

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August 26, 2025

Resources for Black Business Owners

Philadelphia’s Black-owned businesses are a vital part of the city’s economy, culture, and community. From restaurants and retail shops to professional services and creative enterprises, these businesses bring innovation, jobs, and vibrancy to our neighborhoods. At PIDC, we’re committed to helping Black entrepreneurs grow and thrive by connecting them to the tools, capital, and networks

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August 19, 2025

Inside Taqueria Morales: A Blend of Flavor, Family, & Determination

In 2019, Felipa Ventura transformed personal challenges into inspiration by opening Taqueria Morales, an all-in-one eatery in Philadelphia serving tacos, chicken, drinks, and more. What began as a way to make ends meet has grown into a beloved, family-owned establishment embraced by the local community.  Located in the heart of the city, Taqueria Morales represents

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