PIDC BLOG

Hospitality

October 20, 2025

PIDC’s Perfect Fall Day

There’s something magical about Philadelphia in the fall. The air is crisp, the leaves are changing, and every neighborhood in the city brings a special warmth you simply have to experience. Whether you’ve lived in Philadelphia your whole life or you’re just stopping through, there’s no better time to explore the city.  We’ve curated the

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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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Hospitality

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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60 Stories

December 10, 2018

STROTHER ENTERPRISES, INC.

Strother Enterprises, Inc. is a prominent cross-industry food service provider and partner which has been family-owned, minority-owned, and veteran-owned for over 30 years. The company provides a variety of services to companies primarily associated with sports & entertainment, healthcare, business & government, healthcare. Strother’s involvement in the services management industry began with their dedication to

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60 Stories

September 5, 2018

W PHILADELPHIA & ELEMENT PHILADELPHIA

In a seamless dual-branded fashion, W Philadelphia and Element Philadelphia Hotel, are housed under one roof in a brand new towering building on 15th and Chestnut Streets in Center City. The 51-story, 773,500 square foot project offers hotel guests panoramic city views, 25,000 sq. ft.meeting space, banquet facilities, food and beverage venues, prime retail space,

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60 Stories

September 5, 2018

KIMPTON HOTELS

When it came to expanding territory to accommodate the increasing tourists in the city, Kimpton Hotels & Restaurants called on PIDC. Our Welcome Fund provided capital for two hotels – the Kimpton Hotel Palomar in Center City and the Kimpton Hotel Monaco in Old City. Extensive renovations of the historic buildings made room for posh

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60 Stories

September 5, 2018

HOMEWOOD SUITES UNIVERSITY CITY

In 2010, PIDC begin working with Campus Apartments for Homewood Suites by Hilton University City to provide a space needed for those visiting Philadelphia for educational pursuits, medical reasons, or tourism. The 10 story, 136 guest room extended stay hotel is located at 4109 Walnut Street, adjacent to the University of Pennsylvania campus, and this

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60 Stories

September 5, 2018

PENNSYLVANIA CONVENTION CENTER

Since its construction in 1993, the Pennsylvania Convention Center (PCC) has consistently hosted successful, record-breaking meetings and conventions. Now, in its 25th year, the PCC has welcomed 27.2 million visitors, hosted over 7,000 events, and generated $13.3 billion in regional economic impact. Its location makes it one of Philadelphia’s prime spots to host events with

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Hospitality

May 19, 2012

PIDC FINANCES THREE SMALL BUSINESSES WITH NEW FEDERAL FUNDING

PIDC recently approved low-interest loans to three growing hospitality and specialty food businesses in Philadelphia using new funds it received from the Small Business Administration (SBA) through the Intermediary Lending Program (ILP).  PIDC was selected by the SBA as one of only 20 lending organizations across the nation to participate in the ILP program and

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