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
Read MoreSustainability
October 26, 2023
EPA Cleanup Grant
Public Meeting NOTICE IS HEREBY GIVEN that a public meeting will be held remotely by the Philadelphia Authority for Industrial Development (the “Authority”) on Wednesday November 8, 2023, at 4:00 pm via online web conference with an option to call in via phone. The meeting’s purpose is to solicit public comments regarding the Authority’s draft
Read MoreScholarship
September 18, 2023
PIDC Announces Recipients of the 2023 PIDC-D’Alessio Scholarship for Urban Development
PIDC is proud to announce the fifth-round recipients of the PIDC-D’Alessio Scholarship for Urban Development. The scholarship was launched in 2019 to support graduate students at Philadelphia schools seeking to pursue a career in urban development and finance. The scholarship was created by PIDC in recognition of M. Walt D’Alessio’s decades of commitment and leadership
Read MoreBlack-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
Read MoreLower Schuylkill River
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:
Read MoreReal Estate Initiatives
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
Read MoreSustainability
March 18, 2023
Three Years of COVID-19: How PIDC Responded & How Our Clients Succeeded
March 10, 2023 marks three years since Philadelphia confirmed its first case of COVID-19. Philadelphians and people around the globe faced an unprecedented situation with devastating impacts on our health and our economy. We at PIDC have been on the front line of the economic side of this crisis, acting with urgency and empathy to
Read MoreSustainability
September 26, 2022
PIDC Introduces New Theory of Change To Drive Growth to Every Corner of Philadelphia
PIDC continued to drive growth to every corner of Philadelphia—closing 2,035 transactions in 100% of the city’s zip codes in 2021. We delivered and supported $725.5M in financing and $29.5M in COVID-19 relief grants and loans. In addition, PIDC sold 40 acres of land city-wide for job-creating projects. With a strong foundation and 64-year track
Read MoreIndustrial Market & Land Use Strategy
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
Read MoreClient Stories
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
Read MorePartner Spotlight
May 25, 2022
Sustainable Business Network of Greater Philadelphia
The Sustainable Business Network of Greater Philadelphia (SBN) is a PIDC partner on a mission to build a just, green, and thriving economy in the Greater Philadelphia region. SBN accomplishes its mission by supporting a broad base of local, independent businesses and educating policymakers and the public about sustainability. Since its founding in 2001, SBN
Read MoreSustainability
April 20, 2022
PIDC Clients You Need to Know: Sustainable Businesses
Did you know that Philadelphia celebrated the first annual Earth Week in April 1970 on Belmont Plateau in Fairmount Park? Fifty-two years later, Earth Week – a week of events and initiatives that bring awareness to environmental issues to spur action – is still in full swing in Philadelphia. The week culminates on Earth Day,
Read MoreSustainability
January 24, 2022
PIDC 2021 By the Numbers
1. COVID-19 Delivered $70M in COVID-19 relief grants & loans to more than 5,000 small biz since the start of the pandemic – including $12M Restaurant & Gym Relief program & $17M COVID-19 Hospitality Industry Recovery Program in 2021 w/ City & State partners $70M COVID-19 RELIEF GRANTS & LOANS 2. RESTART PHL Re-launched the Restart PHL Loan program to provide
Read MoreReal 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
Read MoreSustainability
April 27, 2020
Philadelphia Navy Yard wins ACEC Diamond Award
[av_image src=’https://pidcphilablog.com/wp-content/uploads/2020/04/Navyyard-ACEC-award-Directional-Drill-Panorama-1473×333-1.jpg’ attachment=’8257′ attachment_size=’full’ align=’center’ styling=” hover=” link=” target=” caption=” font_size=” appearance=” overlay_opacity=’0.4′ overlay_color=’#000000′ overlay_text_color=’#ffffff’ animation=’no-animation’ custom_class=” admin_preview_bg=”][/av_image] [av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] The American Council of Engineering Companies Pennsylvania (ACEC/PA) recently awarded Philadelphia Navy Yard with a Diamond Award in recognition of its Power Capacity Enhancements project.The competition recognizes engineering
Read MoreSustainability
April 27, 2020
Introduction to C-PACE
[av_horizontal_gallery ids=’8250,8251′ height=’35’ size=’large’ links=’active’ lightbox_text=’no_text’ link_dest=” gap=’large’ active=’enlarge’ initial=” control_layout=’av-control-default’ id=” custom_class=”] [av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] In February, PIDC hosted Green Building United, Sustainable Business Network, and Philadelphia Energy Authority for an overview of the recently-launched Commercial Property Assessed Clean Energy (C-PACE) Program in Philadelphia. The Commercial Property-Assessed Clean
Read MoreSustainability
October 29, 2019
Triple Bottom Brewing
[av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] Triple Bottom Brewing recently celebrated a grand opening at their location at 915 Spring Garden in the West Poplar/ Callowhill neighborhood of Philadelphia. And according to CEO,
Read MoreSustainability
October 29, 2019
Manufacturer Resources that Increase Your Bottom Line
[av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] Earlier this month, PIDC partnered with the Southeastern Pennsylvania Manufacturing Alliance (SEPMA), Philadelphia Works, PECO, and the U.S. Environmental Protection Agency (EPA) to host a premiere event
Read More