PIDC IMPACT DEVELOPMENT ADVISORY COMMITTEE

For nearly two years, PIDC has been working with a 100+ member Advisory Committee on Impact Development that includes for-profit and nonprofit developers, community development organizations, bankers, investors, philanthropic leaders, and city officials. The committee plays an important role in helping PIDC to understand challenges, gaps, and opportunities for impactful real estate projects so that

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

ULI EXCELLENCE AWARDS 2018

Urban Land Institute (ULI) Philadelphia hosted its Awards for Excellence 2018 in June to celebrate all aspects of development and land use in addition to recognizing superior projects completed in the region within the last five years. Winners were announced at a celebration featuring Inga Saffron, Pulitzer-Prize- winning Architectural Critic for the Philadelphia Inquirer. The

REVOLUTION RECOVERY

Located in the Tacony section of the city, Revolution Recovery is a leader in construction and industrial materials recycling. Founded in 2004 with just a vision, today they boast more than 100 employees and operate at three locations. Revolution Recovery recycles more than 500 tons of waste each day at their Philadelphia location, including wood,

PENNOVATION CENTER WINS PHOENIX AWARD

By far the most exciting brownfield redevelopment in the Lower Schuylkill is the $37.5M “Pennovation Center” constructed by the University of Pennsylvania (Penn) in 2016. The project converted a brownfield industrial building and aged infrastructure into a stunning, LEED™ Goldcertified incubator and workspace, with 52,000SF of cutting-edge labs, robotics, inventor garages, and pitch spaces. Since

LOW-COST LOANS AVAILABLE TO CLEAN UP CONTAMINATED PROPERTIES

PIDC has funds available from its revolving Environmental Remediation Fund for brownfield remediation.  The fund provides low-cost loans to Philadelphia landowners seeking to clean up contamination on their properties.  The program seeks sites predominantly located in the Lower Schuylkill area of Philadelphia, however sites located elsewhere in the City will also be considered.

PHILADELPHIA WATER DEPARTMENT AND PIDC STORMWATER MANAGEMENT HIGHLIGHTED

  Launched in January 2012, the Stormwater Management Incentives Program (SMIP) grant program is designed to be a catalyst for transforming large, commercial impervious properties that generate high volumes of stormwater runoff and burden the city’s sewer system and waterways, into properties that build and maintain green stormwater management practices. These practices include rain gardens, vegetated infiltration

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

BLUE HILL PARTNERS – CLEAN ENERGY AND MORE

Joyce Ferris is a successful entrepreneur running an industry leading company while connecting small businesses to resources to help them grow. As the President of Blue Hill Partners, Joyce stays busy but we were lucky enough to have her spend time with us for a quick interview as our client feature this month.