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

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

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,

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

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

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

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

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

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

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,