Community Health & Literacy Center Ribbon Cutting - Photo Credit: The Children's Hospital of Philadelphia

May 10, 2016
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Community Health and Literacy Center Grand Opening

On May 9th, 2016 The Children’s Hospital of Philadelphia (CHOP), The City of Philadelphia, PIDC, and other partners celebrated the grand opening of the 96,000 square foot, LEED-certified Community Health and Literacy Center. This $42.5 million project is the first … Continue reading

August 13, 2014
by PIDCphila
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REQUEST FOR PROPOSALS FOR THE NEIGHBORHOOD ECONOMIC DEVELOPMENT GRANT

This Request for Proposal from the City of Philadelphia Department of Commerce is to identify Philadelphia neighborhood-based organizations in need of gap financing for construction of commercial and the commercial portions of mixed-use development.

June 6, 2013
by PIDCphila
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TWO OPEN HOUSES FOR THE LOWER SCHUYLKILL MASTER PLAN

In May, the Philadelphia City Planning Commission (PCPC), Department of Commerce (Commerce) and the Philadelphia Industrial Development Corporation (PIDC) introduced the Lower Schuylkill Master Plan, an economic development and revitalization initiative for a 3,700-acre, historically industrial corridor on the east … Continue reading

May 2, 2013
by PIDCphila
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PIDC 2012 ANNUAL REVIEW

PIDC is thrilled to share its 2012 Annual Review, which highlights many of the exciting client projects that PIDC supported throughout the year.

March 7, 2013
by PIDCphila
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GOLDMAN SACHS 10,000 SMALL BUSINESSES INITIATIVE

PIDC is a proud partner of Goldman Sachs 10,000 Small Businesses in Philadelphia. Goldman Sachs 10,000 Small Businesses is a $500 million initiative designed to help small businesses create jobs and economic growth by providing entrepreneurs with access to capital, … Continue reading

March 7, 2013
by PIDCphila
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FRINGEARTS LAUNCHES NEW NAME AND NEW HEADQUARTERS

On February 25th, the Philadelphia Live Arts Festival and Philly Fringe marked the beginning of a new era: The 17-year-old contemporary arts organization officially changed its name to FringeArts and broke ground on a versatile permanent home along Philadelphia’s burgeoning … Continue reading

March 7, 2013
by PIDCphila
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NEW MARKET TAX CREDIT PROJECT OXFORD MILLS, WELL UNDER WAY

In October 2012, PIDC closed on a New Markets Tax Credit (NMTC) financing for the adaptive reuse of a former factory complex in the South Kensington neighborhood of Philadelphia.  Oxford Mills is a $37.8 million mixed-use project that will develop … Continue reading

February 7, 2013
by PIDCphila
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PIDC 2012 YEAR-END REVIEW

Philadelphia’s economic strength lies in the diversity and innovation of its people, its institutions, and its business community. 

February 7, 2013
by PIDCphila
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PIDC HOSTS CHARTER SCHOOL FACILITIES FINANCING: BONDS 101 EVENT

On January 25th, PIDC hosted more than 25 charter school administrators, principals, and board members, as well as representatives from Community Development Corporations (CDCs) who are working for or with Philadelphia Charter Schools.