On August 21, 2013, Drexel University, PIDC and US Bank closed on $10.25 million of New Markets Tax Credit (NMTC) financing to develop the Dana and David Dornsife Center for Neighborhood Partnerships located at 3509 Spring Garden Street in the … Continue reading →
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 →
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 →
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 →
The Navy Yard had a very busy and successful 2012, including numerous groundbreaking and grand opening ceremonies, the launch of new shuttle services, and fun events like the first Lunch Truck Lineup. With 2013 well underway, The Navy Yard already … Continue reading →
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.
As 2012 comes to an end, it’s the perfect opportunity to look back on the highlights of the year. Philadelphia was bustling with groundbreaking and ribbon cutting activity and PIDC was proud to be involved with several of the projects.
The Arts & Business Council of Greater Philadelphia (ABC), an affiliate of the Greater Philadelphia Chamber of Commerce (GPCC) works to strengthen the region’s creative sector, including arts, culture and for-profit creative businesses.