Don’t know where to start? We can help.

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.

Learn More

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.

Learn More

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.

Learn More
Transparent Background Image

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

Transparent Background Image

“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.

Visit the Navy Yard

Latest News

July 3, 2024

Remembering Walt D’Alessio: A Legacy of Vision, Dedication and Partnership

Dear PIDC Stakeholders, It is with a heavy heart that we share the sad news of the passing of Walter D’Alessio, a towering figure in our community and the long-time board chair and former chief executive of PIDC, the city’s public-private economic development corporation. Walt’s life was a testament to dedication, vision, public-private partnership, and

Read More

June 26, 2024

Get to Know IBA, Philadelphia’s LGBTQ+ Chamber of Commerce

The population of LGBTQ+-owned businesses and organizations in the Greater Philadelphia area continues to grow, and resources for businesses and organizations are needed more than ever. PIDC partner Independence Business Alliance (IBA) serves as Philadelphia’s LGBTQ+ business resource hub, helping bring to life the dreams and aspirations of entrepreneurs in the LGBTQ+ community.  We asked

Read More

June 26, 2024

Elevating PIDC’s Queer Employees & Allies During Pride Month

June is Pride Month, a celebration and commemoration of lesbian, gay, bisexual, transgender, and queer pride. PIDC is committed to fostering a workplace culture where diverse talent can flourish and employees, regardless of background, identity, or circumstance, feel valued, accepted, and supported to succeed at work. With a team that mirrors the city we support,

Read More