PIDC BLOG

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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Business Tips & Resources

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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Client Stories

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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Black-Owned

August 14, 2025

Restoring Joy, Peace, & Dignity: The Oshun Family Center Story

In 2018, Saleemah McNeil founded Oshun Family Center with a bold and necessary vision: to create a space for healing, liberation, and culturally competent care where Black families, especially Black women and birthing people, could access culturally competent mental health and maternal care. “I created Oshun Family Center because I refused to wait for systems

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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.

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Team 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

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Industrial 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

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Client 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

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AAPI

May 22, 2025

Korea Taqueria Blends Cultures & 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

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Business 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

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Business 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

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Press 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

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Client 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

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Real Estate Initiatives

April 22, 2025

PIDC Spotlight: Supporting a Clean & 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

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Furry 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

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