Real Estate Initiatives
April 22, 2024
Celebrating Earth Day: PIDC Helps Create a Sustainable Future
Earth Day is celebrated every year on April 22nd to bring attention to our environment and encourage individuals, small businesses, and large corporations to contribute to sustainability and environmental protection. It’s a day to celebrate the beauty of our planet and recommit ourselves to protecting the Earth from human threats like deforestation, pollution, and climate
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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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July 6, 2023
New Grant Funding to Enhance Southwest Philadelphia
New federal grants will help SEPTA implement a major trolley modernization and complete streets project and help PHA revitalize Bartram Village, building on PIDC’s efforts to enhance quality of life in Southwest Philadelphia NOTE: This post has been updated to reflect a new Neighborhood Choice Grant announced on July 26, 2023. New Neighborhood Choice Grant:
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April 20, 2023
Earth Day Spotlight: PIDC Projects Contributing to Sustainability
This year’s theme for the environmental movement, Earth Day, is “Invest in Our Planet.” PIDC has been doing just that by investing in sustainable projects that are working to protect the environment in many ways. PIDC invests in both sustainable and equitable projects by supporting job growth, economic growth, and preservation of natural resources. PIDC’s sustainable
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December 22, 2022
Three Firms Shortlisted Biotech Campus
The Lower Schuylkill Biotech Campus is where Philadelphia’s ecosystem of discovery will grow into life altering outcomes for all and on June 14, 2022, PIDC issued an RFQ looking for the right partner for this unprecedented cell and gene therapy development opportunity. The developer selection process is designed to identify a partner to help us
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September 26, 2022
Update on the Philadelphia Industrial Market & Land Use Strategy Study & Report
PIDC is gathering a diverse group of individuals to provide feedback for the Philadelphia Industrial Market & Land Use Strategy Study & Report, which consists of comprehensive insight on the current conditions and anticipated future trends of Philadelphia’s industrial environment. PIDC, in partnership with the Philadelphia City Planning Commission and the Philadelphia Department of
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June 28, 2022
Roundup of Updates in the Life Sciences Sector
Ranked among the top 10 life sciences markets in the U.S., the Philadelphia region is home to world-class research institutions, inventors of breakthrough medical treatments and technology, and 15 major health systems, according to the Select Greater Philadelphia Council. Plus, with nearly 70,000 employed in the life sciences industry and more than 40 cell and
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June 28, 2022
2022 Philadelphia Industrial Market & Land Use Strategy Study & Report
This summer, PIDC, in partnership with the Philadelphia City Planning Commission and the Philadelphia Department of Commerce, will initiate work on the cutting-edge 2022 Philadelphia Industrial Market and Land Use Strategy Study and Report which will play a major part in developments in the city for the next decade or more. As an update from
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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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April 20, 2022
PIDC Joins United by Blue in Facilitating a Clean Up of Bartram’s North Property in Kingsessing
In coordination with United by Blue (UBB), in December 2021, PIDC facilitated a clean up of a Bartram’s North property located north of 49th street near Botanic Avenue in Kingsessing. As a sustainable clothing and accessories brand, UBB removes one pound of trash from oceans and waterways for every product purchased. Through UBB’s commitment to
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October 27, 2021
Grays Avenue Corridor Clean-Up Day
Earlier this month, PIDC partnered with SEPTA, various City departments, and community groups to host a clean-up day for the Grays Avenue Corridor in Southwest Philadelphia. The corridor is the site of a year-long Complete Streets Concepts & Design Project (Complete Streets Project), led by SEPTA and supported by funding from a Helping Obtain Prosperity
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February 24, 2021
Logistics & Distribution Update: February 2021
Philadelphia has seen unprecedented real estate development in the booming logistics and distribution sector in recent years. One site that best exemplifies this surge in activity and PIDC’s role in supporting its growth is the former Frankford Arsenal in Philadelphia’s Bridesburg neighborhood. In 2014, Dietz & Watson, a family-owned and operated Philadelphia-based purveyor of deli
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December 17, 2020
Summary: 2020 Logistics & Distribution
The depth and breadth of the demand for new and renovated industrial space to meet the growing need for logistics and distribution facilities in Philadelphia is clearly demonstrated in the total square footage in various phases of development across the city. As of the end of 2020, there is just under an estimated eight-million square
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November 24, 2020
RESTART Update: Logistics & Distribution
Working in partnership with the City of Philadelphia Department of Commerce, the Chamber of Commerce for Greater Philadelphia, and Philadelphia Works, we have jointly identified four phases of work to drive an equitable economic recovery in Philadelphia: 1. RESPOND [av_image src=’https://pidcphilablog.com/wp-content/uploads/2020/06/recovery-graphics-blog-01.png’ 2. RESTART [av_image src=’https://pidcphilablog.com/wp-content/uploads/2020/06/recovery-graphics-blog-02.png’ 3. RECHARGE [av_image src=’https://pidcphilablog.com/wp-content/uploads/2020/06/recovery-graphics-blog-03.png’ 4. REIMAGINE [av_image src=’https://pidcphilablog.com/wp-content/uploads/2020/06/recovery-graphics-blog-04.png’ In July,
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September 15, 2020
Two EPA Grant Awards
In case you missed it, this summer, PIDC, through the Philadelphia Authority for Industrial Development (PAID), was awarded two grants from the U.S. Environmental Protection Agency (EPA) to fund assessment and cleanup of sites in Philadelphia. In May, the EPA awarded PAID $300,000 from its Brownfields Assessment Program. PAID will use these resources to conduct
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December 19, 2019
December Logistics & Distribution Update
In early 2018, PIDC released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the report’s release, Philadelphia has seen significant real estate development in this booming industrial sector. In this monthly series, you can catch up on the ongoing logistics and distribution activity happening in Philadelphia. In yet another sign of the depth and
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October 29, 2019
October Logistics & Distribution Update
In early 2018, PIDC released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the report’s release, Philadelphia has seen significant real estate development in this booming industrial sector. In this monthly series, you can catch up on the ongoing logistics and distribution activity happening in Philadelphia. In March 2018, PIDC issued an RFP for
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September 25, 2019
September Logistics & Distribution Update
In early 2018, PIDC released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the report’s release, Philadelphia has continued to see significant real estate development in this booming industrial sector. In this monthly series, you can catch up on the ongoing logistics and distribution activity happening in Philadelphia. This September, PIDC sold a parcel
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