PIDC BLOG

Black-Owned

August 29, 2023

Firms Selected to Transform Historic Family Court Building & Adjacent Parking Lot on Philadelphia’s Iconic Benjamin Franklin Parkway

For Immediate Release: August 29, 2023Contacts: Firms Selected to Transform Historic Family Court Building & Adjacent Parking Lot on Philadelphia’s Iconic Benjamin Franklin Parkway National Real Estate Development and Frontier Development and Hospitality Group’s winning proposal places the African American Museum of Philadelphia in a brand-new building in a marquee location on the Parkway, provides

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Press Release

July 6, 2023

PIDC Launches Redesigned & Reimagined Websites

For Immediate Release: July 6, 2023Contacts: Kevin Lessard, PIDC Launches Redesigned and Reimagined Websites The economic development corporation’s two flagship websites, PIDCphila.com and NavyYard.org, aim to better serve businesses, nonprofits, and developers PHILADELPHIA — Today, the Philadelphia Industrial Development Corporation (PIDC) announced the overhaul of the organization’s two flagship websites – PIDCphila.com and NavyYard.org

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Press Release

February 23, 2023

Jodie Harris Named Next President of PIDC

CONTACTS: Kevin Lessard, Liz Ferry, Chamber of Sarah Peterson, City of Harris, who currently leads the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund), will be the 12th chief executive and the first African American woman to serve in the role in PIDC’s 65-year history. PHILADELPHIA (February 23,

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Press Release

December 7, 2022

PIDC Announces Current Executive VP Sam Rhoads as Interim President

NEWS RELEASE FOR IMMEDIATE RELEASE CONTACTS: Jazmund Walker, PIDC Director, Marketing Communications 215.496.8199 25+ year PIDC senior executive Sam Rhoads to serve as interim president of PIDC and PIDC Community Capital until the appointment of a new permanent president in early 2023.  PHILADELPHIA (December 7, 2022) – Today, PIDC announced that current Executive Vice

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Press Release

October 28, 2022

PIDC ANNOUNCES A $45 MILLION ALLOCATION IN U.S. TREASURY NEW MARKETS TAX CREDITS

CONTACT: Jazmund Walker, PIDC Marketing Communications Manager 215.496.8199 The 8th award for PIDC Community Capital for a total of $418 million in New Markets Tax Credit allocations over 14 years PHILADELPHIA (October 28, 2022) – Today, PIDC announced its CDFI subsidiary, PIDC Community Capital, was awarded $45 million in New Markets Tax Credit (NMTC)

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Press Release

September 29, 2022

PIDC Announces Korn Ferry Selected for PIDC President Executive Search

CONTACTS: Jazmund Walker, PIDC Marketing Communications Manager 215.496.8199 Charles S. Ingersoll, Jr., Korn Ferry Senior Client Partner Following a competitive RFP process, Korn Ferry was selected as PIDC’s executive search firm for its ability to garner a diverse pipeline of executive candidates to fill the role of PIDC president.  PHILADELPHIA (September 16, 2022)

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Press Release

June 2, 2022

ANNE BOVAIRD NEVINS TO TRANSITION FROM PIDC LEADERSHIP

CONTACTS Liz Ferry, Chamber of Commerce 215-356-8252 Kevin Lessard, City of Philadelphia 215-686-6210   Jessica Calter, PIDC 215-496-8161 Long-time PIDC leader to move on to new opportunities later this year and organization will search for a new president PHILADELPHIA – (June 2, 2022) Mayor Jim Kenney and the Chamber of Commerce for Greater

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Press Release

May 19, 2022

PIDC ANNOUNCES LANDMARK LIFE SCIENCES DEVELOPMENT OPPORTUNITY IN PHILADELPHIA

CONTACTS: Jessica Calter 215-496-8161 Elizabeth Brand Director of Marketing, Colliers 215-928-7582 Photo Credit: PIDC/Digsau Lower Schuylkill Biotech Campus solicitation offers opportunity for development of up to 1M square feet in an elite US bio cluster. PHILADELPHIA, PA – May 19, 2021 – PIDC, Philadelphia’s public-private economic development corporation, is seeking partners to shape

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Hispanic & Latino

October 21, 2021

PIDC LAUNCHES BUSINESS BUILDER EN ESPAÑOL SERIES OF SPANISH LANGUAGE WORKSHOPS

This November, PIDC will kick off an eight month series of workshops on various topics for the Spanish speaking business community PHILADELPHIA (October 21, 2021) – This November, PIDC, Philadelphia’s public-private economic development corporation, will kick off an eight month series of workshops in Spanish as part of its strategy to assist Spanish-speaking entrepreneurs, one

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Hispanic & Latino

October 21, 2021

ARTÍCULO PARA DIARIO EN LÍNEA (BLOG) / COMUNICADO DE PRENSA

PIDC LANZA UNA SERIE DE TALLERES EN ESPAÑOL “BUSINESS BUILDER EN ESPAÑOL” FILADELFIA (21 de Octubre del 2021) – Este Noviembre, PIDC, la corporación de desarrollo económico pública-privada de Filadelfia, iniciará una serie de talleres de ocho meses en español como parte de su estrategia para ayudar a los empresarios de habla hispana, uno de

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Press Release

September 2, 2021

PIDC ANNOUNCES A $60 MILLION ALLOCATION IN U.S. TREASURY NEW MARKETS TAX CREDITS

The 7th award for PIDC Community Capital for a total of $373 million in New Markets Tax Credit allocations over 13 years PHILADELPHIA (September 2, 2021) – Today, PIDC announced its CDFI subsidiary, PIDC Community Capital, was awarded $60 million in New Markets Tax Credit (NMTC) allocation from the U.S. Treasury Department’s Community Development Financial

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Press Release

July 22, 2021

Comprehensive Report Identifies Current Gaps & Critical Steps To Level The Playing Field For Entrepreneurs Of Color In Philadelphia

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] Local Entities Seek to Address Fundamental Barriers to Wealth Faced by BIPOC-Owned Businesses and Identify Concrete Course of Action Forward PHILADELPHIA, PA — In an effort initiated as one of the priorities in the City’s inclusive growth plan, “Growing with Equity,” and intensified amid widespread calls

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Press Release

July 12, 2021

RFQ Issued for Prime Ben Franklin Parkway Property

CONTACTS: City, Paul Chrystie, ; PIDC, Jessica Calter, Requests for Qualifications Issued for Prime Benjamin Franklin Parkway Property Exciting opportunity for redevelopment of two key locations including the former Family Court Building and additional adjacent lot at 1901 Wood Street PHILADELPHIA —PIDC, on behalf of the City and PAID, today released an exciting RFQ

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Press Release

January 14, 2021

SUPRA | EMSCO ACQUIRES 9.6 ACRES FROM PIDC TO CONSTRUCT NEW HEADQUARTERS IN WEST PARKSIDE

SUPRA | EMSCO ACQUIRES 9.6 ACRES FROM PIDC TO CONSTRUCT NEW HEADQUARTERS IN WEST PARKSIDE The $20.3M project includes one of the largest allocations of New Markets Tax Credits in PIDC’s history and the largest allocation PIDC has committed to any project within the last 10 years. PHILADELPHIA, PA (January 13, 2021) – SUPRA |

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