PIDC BLOG

Logistics & Distribution

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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Logistics & Distribution

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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Logistics & Distribution

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 2. Restart 3. Recharge 4. Reimagine In July, we announced our full recovery plan, detailing each

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Real Estate Initiatives

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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Logistics & Distribution

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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Logistics & Distribution

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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Logistics & Distribution

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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Logistics & Distribution

August 26, 2019

Logistics & Distribution Update

In early 2018, PIDC released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the release of that report, Philadelphia has continued to see significant real estate activity in this booming industry. Here are some updates to a small portion of the activity happening in Philadelphia. In addition to creating modern, new industrial space for

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Logistics & Distribution

February 27, 2019

THE FUTURE OF WORK

PIDC engaged the Urban Land Institute of Philadelphia’s Technology and Competitiveness Council as a lead partner in this initiative. Together, we have convened a steering committee of external stakeholders to help us think about this topic and what some next steps and outcomes might look like. In addition to convening thought-leaders and stakeholders, this initiative

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Logistics & Distribution

November 29, 2018

GROUNDBREAKING FOR PHILADELPHIA LOGISTICS CENTER

PIDC, JLL, and Ridge Development (a Transwestern Development Company) recently came together to break ground on the 207,500 square foot state-of-the-art Philadelphia Logistics Center located in the northeast section of Philadelphia at 3025 Meeting House Road. This development marks first speculative logistics development in Philadelphia’s history. PIDC President, John Grady; Director of Commerce at the

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60 Stories

November 9, 2018

EASTWICK INDUSTRIAL PARK

Once part of the largest urban renewal area in the U.S. dating back to the 1950s, the 330-acre Eastwick Industrial Park helped attract investment which has created more than 4,000 jobs since PIDC acquired it from the Philadelphia Redevelopment Authority in the mid-1980s. PIDC has had a longstanding involvement with management of the City’s industrial

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60 Stories

November 9, 2018

BYBERRY INDUSTRIAL PARKS

Philadelphia’s industrial economy has a vibrant and productive history. The Byberry Industrial Parks in Far Northeast Philadelphia, in particular, play an important part in that rich history. These parks were once the site of a state-owned hospital and farm complex. Since its inception, PIDC has managed the City’s industrial land inventory, acquiring, improving and selling

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60 Stories

November 9, 2018

WEST PARKSIDE BUSINESS PARK

Over the course of a generation, the West Parkside Business Park has made a significant contribution to the Parkside community creating nearly 600 jobs in the process. Acquired from Conrail in 1987, this 67-acre park was planned to attract as many businesses in need of a central location to serve the needs of businesses customers

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Logistics & Distribution

August 29, 2018

LOGISTICS REAL ESTATE OPPORTUNITIES

In April 2018 PIDC and our partners released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the release of this report which outlined the case for logistics and distribution facilities in Philadelphia’s well-suited industrial land, the city has continued to see investments in this industry. Proving there is major growth opportunity for the market,

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60 Stories

August 6, 2018

LOWER SCHUYLKILL RIVER

The Lower Schuylkill is one of Philadelphia’s oldest and most developed industrial corridors. Once a vibrant hub of heavy industry, the Lower Schuylkill was hit hard by the contraction of the industrial sector in the latter half of the 20th century. Despite these challenges, the Lower Schuylkill’s strategic location, transportation assets, industrial character, and zoning

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Real Estate Initiatives

November 21, 2017

UPDATE ON LOWER SCHUYLKILL RIVER DEVELOPMENT

Since the adoption of the Lower Schuylkill Master Plan, PIDC along with the City and its partners have been dedicated to reclaiming industrial waterfronts, converting publicly owned land to green space, and integrating roads, trails and infrastructure to spur development and investment in the 3,700-acre industrial district. Find out about the exciting progress to date.

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Real Estate Initiatives

October 31, 2017

LOW-COST LOANS AVAILABLE TO CLEAN UP CONTAMINATED PROPERTIES

PIDC has funds available from its revolving Environmental Remediation Fund for brownfield remediation.  The fund provides low-cost loans to Philadelphia landowners seeking to clean up contamination on their properties.  The program seeks sites predominantly located in the Lower Schuylkill area of Philadelphia, however sites located elsewhere in the City will also be considered.

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Real Estate Initiatives

July 28, 2017

LOWER SCHUYLKILL DEVELOPMENT STAKEHOLDERS PARTNER ON BUILDING HEALTHY CORRIDOR PROJECT IN GRAYS FERRY

ULI Philadelphia, in conjunction with PennPraxis, received a national grant to study the Grays Ferry corridor from Washington Avenue to Woodland Avenue.

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