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We are Philadelphia’s public-private economic development corporation. We provide financing and real estate products to businesses, nonprofits, and developers in all neighborhoods of Philadelphia.

Financing

PIDC has financing resources to serve the unique needs of businesses, nonprofits, and real estate developers. Learn how we can connect you to the capital or information you need to grow.

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Real Estate

With a robust diverse selection of land, properties, and financing tools, PIDC provides a full range of resources to support impactful real estate development projects in Philadelphia that create quality jobs and advance economic growth.

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Client Success Stories & News Updates

View stories from PIDC’s diverse partners and clients, highlighting the impact of our work. Plus, check out the latest news and updates on PIDC.

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Our Impact at a Glance

The numbers speak volumes. See the facts and figures on PIDC's activities. Since its inception, PIDC has had a transformative impact across Philadelphia:

13K+

Transactions closed, supporting a diverse range of clients

$21B

in financing, helping retain and create hundreds of thousands of jobs

3K+

Acres of land sales, spurring transformative projects

$510M+

Loan portfolio at year-end 2025, representing 584 loans

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“PIDC has been extremely helpful in navigating large changes within our business and supporting us as we expand! Monarch Yoga would not be where we are today without the support and guidance of PIDC.”

Michelle Dillon
Owner @ Monarch Yoga

PIDC Theory of Change & Strategic Framework

With a strong foundation and a 65-year track record, PIDC’s Theory of Change builds the basis for our Strategic Framework, providing a roadmap for PIDC to fulfill its mission and drive economic growth that benefits all Philadelphians in an increasingly competitive global economy.

View PIDC's Strategic Framework

Reinventing the Navy Yard

Since acquiring the 1,200-acre site from the Federal Government in 2000, PIDC serves as the master developer of the Philadelphia Navy Yard by leading the planning, development, and operation of the Navy Yard on behalf of the Philadelphia Authority for Industrial Development (PAID).  Dubbed the “the coolest shipyard in America” by POLITICO, today, the Navy Yard is an expanding community of 15,000 employees and 150 employers who occupy 8M square feet of facilities across a mix of property types, including office, retail, industrial, research and development, and institutional.

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Latest News

April 24, 2026

PIDC & City of Philadelphia Support Local Businesses through Latest Round of the Boost Your Business Program

PIDC was proud to partner with the City of Philadelphia’s Department of Commerce on the latest round of Boost Your Business, a program designed to help Philadelphia businesses grow, secure new contracts, increase revenue, and create local jobs. In 2024, PIDC and the Department of Commerce hosted information sessions for businesses interested in applying. Ultimately,

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April 24, 2026

How Philadelphia Businesses Can Go Green & Cut Costs

Earth Day is a reminder that going green isn’t just about doing the right thing—it’s also about running a smarter, more resilient business. Across Philadelphia, more companies are adopting practical changes to reduce costs, strengthen operations, and stay competitive—and PIDC is proud to support that work. Here’s how businesses can take action—and why it matters.

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April 21, 2026

How Mister John’s Music Is Building Belonging Through Music in Philly

Founded in 2015 by John Francisco, Mister John’s Music has grown from a one-person operation into a beloved community hub where children and families across Philadelphia can connect, create, and express themselves through music. After working at Old Town School of Folk Music in Chicago and spending time as an actor and educator for children

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