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

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

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

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

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,

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

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.

THE LOWER SCHUYLKILL CONTINUES TO ADVANCE

The Lower Schuylkill is continuing its transformation into a great revitalization story for Philadelphia.  In 2013 a long-term plan was introduced to reposition the 3,700-acre, historically industrial corridor as a modern, integrated network of three distinct business campuses.

EPA, PIDC, AND UNIVERSITY OF PENNSYLVANIA CELEBRATE PENNOVATION CENTER AS THE FIRST DEVELOPMENT IN LOWER SCHUYLKILL RIVER’S INNOVATION DISTRICT

PHILADELPHIA– PIDC, Philadelphia’s public-private economic development corporation, today gathered with the Environmental Protection Agency (EPA) and University of Pennsylvania at the Pennovation Works on the banks of the Lower Schuylkill River to announce completion of a $600,000 investment by PIDC and the EPA which has helped in realizing the first major development in the Lower