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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, advance equity and promote sustainability.

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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 supporting a diverse range of clients

$19.4B+

Financing, helping retain and create hundreds of thousands of jobs

3K+

Acres of land sales, spurring transformative projects

$427M+

Loan portfolio at year-end 2022, representing 521 loans

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“PIDC supported me as a founder in building my credit and connecting me to resources and financial coaches. I can’t speak highly enough of what PIDC’s support means to us.”

Will Toms
Co-Founder & Chief Creative Officer @ REC Philly

PIDC Theory of Change & Strategic Framework

With a strong foundation and a 65-year track record, PIDC identified the need to develop a new Theory of Change with three intersecting lenses – racial equity, future of work, and resilience and sustainability.  This plan builds the basis for the PIDC Strategic Framework which is intended to serve as a roadmap for PIDC to achieve its mission and strive toward a more inclusive, equitable, and sustainable Philadelphia where all residents benefit from economic development and a growing 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

March 14, 2024

Amazing Kidz Academy Celebrates 10 Years in Business

It’s no secret that there are lifelong benefits to early childhood education. Children who attend preschool are not only more likely to succeed in kindergarten, they’re successful throughout their entire school experience and beyond. Lisa Smith and Clarence Morris III, co-founders of Amazing Kidz Academy, know how important preschool education is to early childhood development

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March 8, 2024

Recognizing the Women that Power PIDC on International Women’s Day

Today, March 8, is International Women’s Day, a global celebration dedicated to women’s rights and equality. On this day, we honor the incredible women who help power PIDC’s efforts to drive growth across Philadelphia. These individuals have offered their talents and expertise to serve small business owners of all backgrounds and to raise the profile

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February 27, 2024

New Reporting Requirements for Businesses under the Corporate Transparency Act

New Reporting Requirements for Businesses under the Corporate Transparency Act The Corporate Transparency Act (CTA) went into effect on January 1, 2024. Under the CTA, you may be required to report information about your business and its owners to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Here’s the must-know information to

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