PIDC BLOG

January 29, 2019

TAX DESIGNATION FOR LLCS

[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=”] The new Tax Cuts and Jobs Act of 2017 has many new implications for small businesses. We sat down with PIDC’s legal team to learn more about

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60 Stories

December 19, 2018

THE NAVY YARD

Since the U.S. Navy closed the historic Philadelphia Naval Shipyard (PNSY), the Navy Yard has reemerged as a magnet for new businesses, employment, and investment in Philadelphia. Today, across the 1,200 acres, you’ll find beautifully-preserved brick buildings, repurposed warehouses, and modern architecture alongside historic ships, green parks, and public art. The Navy Yard’s connection to

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60 Stories

December 19, 2018

THE MET PHILADELPHIA

Built in 1908, former Philadelphia Metropolitan Opera House, The Met Philadelphia, is recognized internationally for its superb acoustics and once served as a recording hall for the Philadelphia Orchestra. In its glory days, it hosted theater and vaudeville as well as the likes of James Cleveland, Mahalia Jackson, The Dixie Hummingbirds, and The Caravans. The

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60 Stories

December 19, 2018

READING TERMINAL MARKET

This iconic Philadelphia site is one of America’s largest and oldest public markets. Overtime, the market survived the Depression years of the 1930s, market decline, and more. Since 1893, it’s been housed in a National Historic Landmark building. Today’s Reading Terminal Market had its roots in the Butchers’ and Farmers’ and Franklin Markets, both located

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60 Stories

December 19, 2018

FOOD DISTRIBUTION CENTER

Famed city planner Edmund Bacon was demolishing blocks of structures around the new Independence National Historical Park to make way for Independence Mall, where chemical manufacturer Rohm and Haas was building its new corporate headquarters. The Food Distribution Center was moved from Dock Street on the waterfront to South Philadelphia, making way for the fashionable

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60 Stories

December 19, 2018

PHILADELPHIA INTERNATIONAL AIRPORT (PHL)

Access provided by Philadelphia’s transportation infrastructure is unparalleled among U.S. cities, with robust passenger and freight rail, air, shipping and ground transportation systems radiating out from the middle of the dense Northeast corridor. Of these options, the Philadelphia International Airport (PHL) has become the crown jewel of Philadelphia’s transportation infrastructure. With over 500 domestic and

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60 Stories

December 10, 2018

KIERANTIMBERLAKE

KieranTimberlake is an internationally renowned research, planning, and architecture firm that brings together the experience of over 100 professionals of diverse backgrounds and abilities in a collaborative, transdisciplinary practice. The firm’s portfolio spans over 30 years and includes innovative, environmentally ethical work in sensitive environments that extend identities for institutions, communities, and organizations. KieranTimberlake’s collaborative

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60 Stories

December 10, 2018

TASTY BAKING COMPANY

In 1914, Philip Baur and Herbert Morris founded Tasty Baking Company with $50,000 raised from family members. Over the years, their Tastykakes – the now classic Krimpets, Kandy Kakes, and Juniors – have become iconic Philadelphia snack favorites. By 1922, the company had outgrown its home on Sedgley Avenue, and moved to Hunting Park Avenue,

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60 Stories

December 10, 2018

DAROFF DESIGN

Daroff Design is an award-winning, internationally acclaimed, woman-owned (WBE) interior design and architecture firm founded in Philadelphia in 1973 by Karen Daroff, native Philadelphian and graduate of local Moore College of Art and Design. Staffed with highly talented architects, planners, interior designers and graphic artists, Ms. Daroff’s firm works with their clients, while often partnering

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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

December 10, 2018

FASHION DISTRICT PHILADELPHIA

Fashion District Philadelphia will deliver a robust retail and entertainment offering unlike any other in downtown Philadelphia. Spanning three city blocks, it features over 800,000 square feet of dynamic offerings, including flagship, traditional full price, off-price and branded outlet retail, destination dining and entertainment, along with public art and evolving cultural events. Fashion District Philadelphia

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60 Stories

December 10, 2018

COVERSPORTS

Calling Philadelphia, PA home for the past 144 years, CoverSports traces its roots back to D.C. Humphrys Company, when in 1874 it was manufacturing covers for wagons. D.C Humphrys is one of the oldest continuously manufacturing companies in the United States. While its product line has evolved to primarily include athletic fabric products and covers

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60 Stories

December 10, 2018

COMCAST

Comcast was founded in the Philadelphia region in 1963 when it purchased a small cable system based in Tupelo, Mississippi. It has since grown into a global media and technology company with 195,000 employees around the world. In 2008, Comcast opened the Comcast Center in Philadelphia as its global headquarters with PIDC providing funding for

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60 Stories

December 6, 2018

THOMAS JEFFERSON UNIVERSITY HOSPITAL

Jefferson Health and Jefferson (Philadelphia University + Thomas Jefferson University) are partners in providing excellent clinical and compassionate care for patients in the Philadelphia region. Jefferson has various care locations across the region, including Thomas Jefferson University Hospital (the main hospital facility, which was established in 1825) and Jefferson Hospital for Neuroscience, both in Center

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Team Members

November 30, 2018

MEET PIDC’S NEW TEAM MEMBERS

[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_image src=’https://pidcphilablog.com/wp-content/uploads/2018/11/pidc-new-team-1100×456.jpg’ attachment=’6385′ 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=”] As Philadelphia continues to attract and retain top talent,

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November 29, 2018

PIDC VISITS 60 CLIENTS IN ONE DAY TO CELEBRATE 60TH ANNIVERSARY

As PIDC celebrates our 60th anniversary with six decades of driving growth to every corner of Philadelphia, we set out on a quest to visit 60 PIDC clients in ONE DAY, and it was nothing short of an adventure! We recorded our journey on video. Ride with us as we visit PIDC clients around the

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November 29, 2018

JOHN POMP STUDIOS

[av_one_half 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=”] John Pomp creates contemporary, handcrafted furniture and lighting pieces inspired by the natural beauty of the living world. Driven by a design philosophy that embraces organic imperfections,

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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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