PIDC BLOG

December 6, 2012

PWD AND PIDC LAUNCH SECOND ROUND OF STORMWATER MANAGEMENT INCENTIVES PROGRAM (SMIP) GRANT

Contact: Laura Copeland, 215-685-4902 For Immediate Release: November 30, 2012 PWD and PIDC Announce $5 Million in Grants to Promote Green Stormwater Management Practices in Philadelphia PHILADELPHIA: The Philadelphia Water Department (PWD) and the Philadelphia Industrial Development Corporation (PIDC) launched the second round of the Stormwater Management Incentives Program (SMIP) Grant on Monday, December 3,

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October 10, 2012

WIN IT WEDNESDAY!

Question:  Can you guess what PIDC client this picture is from?

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September 9, 2012

MARK GROUP’S NEW HEADQUARTERS AT THE NAVY YARD

Less than two years ago, Mark Group, a U.K. based company, selected The Navy Yard in Philadelphia as the home for their U.S. headquarters following a coordinated business attraction effort between the City of Philadelphia, the Commonwealth of Pennsylvania, Select Greater Philadelphia and PIDC.

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September 8, 2012

STATE EXTENDS PERMITS AND APPROVALS TO JULY 1, 2016

 *Guest column provided by the City of Philadelphia: This summer, the Pennsylvania Legislature passed legislation extending local permits and approvals set to expire between January 1, 2009 and July 1, 2013 until July 1, 2016.

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September 8, 2012

PIDC ANNOUNCES WEEKLY SOCIAL MEDIA CAMPAIGN

PIDC is excited to announce the start of a new social media weekly campaign to engage our audience and be accessible online as a resource in economic development.

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August 8, 2012

SPECTRUM HEALTH SERVICES BREAKS GROUND ON NEW WEST PHILADELPHIA SITE

On July 12, 2012 Spectrum Health Services (SHS) celebrated the groundbreaking of a $14 million health facility in West Philadelphia. The 36,000 square foot facility located at 52nd and Haverford Avenue will be the new Haddington Health Center, and is expected to be completed in July 2013.

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August 8, 2012

US CONFERENCE OF MAYORS (USCM) DISCUSSES URBAN MANUFACTURING

On July 20, 2012 Philadelphia Mayor Michael A. Nutter, in his role as President of the US Conference of Mayors (USCM), presided over the organization’s annual summer meeting in Philadelphia. 

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August 8, 2012

VINCERA INSTITUTE MOVING TO BUILDING 489 IN THE NAVY YARD

Vincera Core Physicians, a Navy Yard tenant currently located in Building M-1, will expand and become part of Vincera Institute when their new home at Building 489 is complete in spring 2013. 

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August 8, 2012

INTERNSHIPS PROMOTE PHILADELPHIA AS A SMART CHOICE

Over the past three months, 10 undergraduate and graduate-level students have had the opportunity to intern in PIDC’s real estate, financing, market development and operational departments including The Navy Yard.

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August 8, 2012

PENNSYLVANIA PASSES STATE HISTORIC TAX CREDIT PROGRAM

On July 2, 2012, Pennsylvania became the 30th state in the country to offer a state historic tax credit when Governor Tom Corbett signed the FY 2013 Commonwealth Budget and established the Historic Preservation Incentive Act.

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July 11, 2012

PIDC 2012 MID-YEAR REVIEW

Philadelphia’s economic strength lies in the diversity and innovation of its people, its institutions, and its business community.  That’s why PIDC works with businesses, non-profits, and developers in all market sectors and neighborhoods to provide financing and real estate resources resulting in job creation and economic growth. 

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Real Estate Initiatives

July 11, 2012

PIDC AWARDED $1.4 MILLION IN COMPETITIVE EPA FUNDING

The Environmental Protection Agency (EPA) recently awarded the Philadelphia Authority for Industrial Development (PAID) three grants totaling $1,400,000. 

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July 11, 2012

NEW REPORT MEASURES IMPORTANCE OF THE CREATIVE SECTOR TO PHILADELPHIA’S ECONOMY

The Mayor’s Office of Arts, Culture and the Creative Economy (OACCE) recently released a new research report which shows that Philadelphia’s creative sector employment totals 48,900 jobs, representing 6.5% of the City’s employment base or one-in-fifteen jobs.

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June 10, 2012

EMERGING BUSINESS SUITE OF PROGRAMS AVAILABLE FOR SMALL BUSINESSES

PIDC offers a suite of programs that support small and emerging businesses.  The Emerging Business Loan and Guarantee Programs ensure that small, minority, woman, and disabled-owned businesses have access to the working capital they need to grow.  Designed to fund your company’s outstanding receivables, the Emerging Business Loan Program is a working capital line-of-credit that

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June 10, 2012

FOLLOW PIDC THROUGH SOCIAL MEDIA

For more than 50 years, PIDC has been helping small and large businesses grow throughout all of Philadelphia’s diverse neighborhoods.  Now PIDC is ready to ask the big questions of our times – “Will you like us on Facebook?” and “Can we get a Retweet?”! PIDC is delighted to announce the launch of its social

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June 10, 2012

MUNICIPAL BOND ISSUANCE INCREASES IN 2012

As of May 1, 2012, long-term municipal bond volume has increased over 70% as compared to the same period during 2011.  One significant driver of 2012 volume is an increase of state and local governments as well as non-profits refinancing outstanding bonds for debt service savings.  Refundings constitute 65% of the year-to-date 2012 municipal issuance

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June 10, 2012

NAVY YARD PARTNERSHIP CREATES BIO DIESEL FUEL

The Sustainability Workshop, sponsored by the Energy Efficient Buildings Hub (EEB Hub) and located at Quarters A at The Navy Yard, is a place for students to come together to learn and solve “real world” problems around sustainability and energy efficiency.  Throughout its inaugural year, students formed groups to work on a variety of projects.

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June 10, 2012

PHILADELPHIA: SMART CITY. SMART CHOICE FOR HOTEL INVESTMENT

PIDC and the Philadelphia Convention and Visitors Bureau (PCVB) recently released an updated report on Philadelphia:  Smart City. Smart Choice for Hotel Development.   This report outlines the hotel and convention market dynamics and history in Philadelphia and provides an overview of the many ways in which the City of Philadelphia and PIDC are supporting continued investment in

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