Hospitality
July 22, 2025
Shop PHL: Beat the Heat
Summer is here and what better time to relax, cool off, indulge in a sweet treat, and enjoy the best of Philly’s warm-weather offerings? To help you beat the heat, PIDC is spotlighting a few of our clients offering refreshing drinks, delicious food, fun activities, and essential services to keep you cool all season long.
Read MoreTeam Members
July 17, 2025
Meet PIDC’s New Team Members – Summer 2025
As PIDC continues to evolve and grow to meet market needs, we’re excited to introduce the newest additions to our team! These accomplished professionals bring valuable experiences and unique perspectives. Their insights and expertise will help strengthen our work citywide as we continue to support Philadelphia’s business community, drive meaningful development across the city, and
Read MoreIndustrial Real Estate
June 30, 2025
From Abandoned Hospital to Industrial Hub: PIDC’s Vision for Byberry Delivers Jobs & Opportunity
Redeveloping large and complex sites—particularly those in dense urban settings—takes time, commitment, and vision. PIDC’s Byberry Industrial Park proves it’s worth it. What began as the abandoned Philadelphia State Hospital campus is now a dynamic industrial and residential community—delivering jobs, investment, open space, and long-term economic impact for the city. As the City’s public-private economic
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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
Read MoreClient Stories
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
Read MoreAAPI
May 22, 2025
Korea Taqueria Blends Cultures and Cuisines in Philadelphia
Founded in 2022 by Korean Australian chef Alexander Sherack and Mexican chef Rene Lopez, Korea Taqueria has quickly become one of Philadelphia’s most exciting culinary destinations. What began as a shared dream between two food truck owners is now a growing restaurant brand that blends the vibrant flavors of Korean and Mexican cuisine. Both chefs
Read MoreBusiness Tips & Resources
May 20, 2025
A Business Owner’s Guide to Purchasing Commercial Property in Philadelphia
Acquiring commercial real estate in Philadelphia can be a powerful way to grow your business and build long-term wealth. Whether you’re planning to purchase the space your business already operates out of or you’re considering moving to a new neighborhood, owning your property puts you in control. And as one of the hottest real estate
Read MoreBusiness Tips & Resources
May 13, 2025
Creating a Mentally Healthy Workplace: Practical Steps for Small Businesses
Running a small business means juggling a lot—from keeping customers happy to managing day-to-day operations. But an important area that’s often overlooked is the wellbeing of you and your employees. While larger companies often have dedicated HR teams or employee wellness programs, small business owners may be working on tight budgets and limited knowledge. The
Read MorePress Release
May 9, 2025
Navy Yard Awarded $30 Million from PA SITES Program to Drive Job Growth & Economic Development
For Immediate Release: May 8, 2025 Contacts: Charlotte Merrick, Tracy Buchholz, Ensemble/ More information and photographs highlighting the Commonwealth’s investment in the Navy Yard through the PA SITES program is available on this webpage. PHILADELPHIA, PA | May 8, 2025 – Today, Pennsylvania Governor Josh Shapiro joined Department of Commerce and Economic Development Secretary
Read MoreClient Stories
April 22, 2025
Culture, Love, & Business – This is El Coquí
El Coquí’s story began in 2009 when Yazmin Auli, a self-taught baker, turned her love for baking into a business. While working at Congreso de Latinos Unidos in Philadelphia, her coworkers enjoyed her delicious desserts, which she made for office potlucks and celebrations. Encouraged by the growing demand and love from her coworkers, Yazmin decided
Read MoreReal Estate Initiatives
April 22, 2025
PIDC Spotlight: Supporting a Clean and Green City Through Economic Development
As Philadelphia continues to grow and evolve, building a more resilient city has never been more important. At PIDC, we believe that economic growth and environmental responsibility go hand in hand. From supporting green infrastructure projects to helping local businesses adopt energy-efficient practices, PIDC is proud to play a key role in driving Philadelphia’s transition
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April 21, 2025
How Carefully Caring Home Care Agency is Thriving in Philadelphia’s Growing Home Care Industry
Home care agencies play a vital role in today’s healthcare landscape, especially as more individuals choose to age in a designated home with professional care workers or manage chronic conditions from the comfort of their own homes. Carefully Caring Home Care Agency meets this critical need, promoting dignity, independence, and stability in the communities they
Read MoreFurry Friends
April 11, 2025
If Our Pets Worked at PIDC, What Paw-sitions Would They Have?
Have you ever looked at your pet and wondered what kind of job they’d have? Us too! In honor of National Pet Day, we imagined a world where our furry friends joined us at PIDC. From Paw-sident of Operations to Cat-italization and Impact Coordinators, we’re sure our animal companions would bring their A-game to help
Read MoreHospitality
April 4, 2025
Hops & Stops: Take a Tour of PIDC-Supported Breweries
Philadelphia’s craft beer scene is thriving, and many of the city’s standout breweries have something in common—they’ve received support from PIDC. Whether through financing to help them grow, property to help them expand capacity, or grants to get them through challenging times, we’re here to help them navigate Philadelphia’s business landscape. Hops & Stops is
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March 28, 2025
An Updated Vision for the Lower Schuylkill Innovation Campus
These initiatives aim to align the LSIC with its role as a future hub for innovation while delivering tangible community benefits in the interim. More information on PIDC’s work enhancing the quality of life and driving investment in Southwest Philadelphia is available online HERE.
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March 25, 2025
PIDC Kicks Off Yearlong Celebration of 25 Years of Successful Redevelopment at the Navy Yard
On March 20, PIDC hosted a press event to kick off the yearlong celebration marking 25 years of successful redevelopment at the Navy Yard. City officials, key partners, board members, PIDC alumni, and more gathered to reflect on the history of the Navy Yard and hear PIDC’s Vision for making it Philadelphia’s newest neighborhood. The
Read MoreClient Stories
March 24, 2025
How Fireball Printing Grew Its Business and Impact in Philadelphia
If you’ve ever bought a perfect art print, been inspired by sharp signage, or flipped through a printed brochure, you know the power of high-quality printing. At Fireball Printing, it’s about more than just ink and paper—it’s about transforming ideas into lasting impressions. Started by Catherine Dentino and Paul Yavarone Jr. in 2008, Fireball Printing
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