PIDC, the Philadelphia Industrial Development Corporation, is a public-private economic development corporation based in Philadelphia, PA. They provide financing and real estate products to businesses, nonprofits, and developers throughout the city, supporting economic growth and job creation. With a diverse range of resources, including financing options and a robust selection of land and properties, PIDC plays a crucial role in advancing equity, sustainability, and quality job opportunities through impactful real estate development projects in Philadelphia.
Since its establishment, PIDC has made a significant impact on the city, with over 13,000 transactions supporting a wide range of clients, $19.4 billion in financing to retain and create hundreds of thousands of jobs, and the sale of 3,000 acres of land that have spurred transformative projects. With a strong commitment to racial equity, the future of work, and resilience and sustainability, PIDC's strategic framework aims to create a more inclusive and equitable Philadelphia, where all residents can benefit from economic development and a growing global economy.
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