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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

$520M+

Loan portfolio at year-end 2024, representing 548 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’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 22, 2025

Culture, Love, & Business – This is El Coquí

El Coquí’s story began in 2009 when Yazmin Auli, a self-taught baker, turned her love for baking into a business. While working at Congreso de Latinos Unidos in Philadelphia, her coworkers enjoyed her delicious desserts, which she made for office potlucks and celebrations. Encouraged by the growing demand and love from her coworkers, Yazmin decided

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April 22, 2025

PIDC Spotlight: Supporting a Clean and Green City Through Economic Development

As Philadelphia continues to grow and evolve, building a more resilient city has never been more important. At PIDC, we believe that economic growth and environmental responsibility go hand in hand. From supporting green infrastructure projects to helping local businesses adopt energy-efficient practices, PIDC is proud to play a key role in driving Philadelphia’s transition

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April 21, 2025

How Carefully Caring Home Care Agency is Thriving in Philadelphia’s Growing Home Care Industry

Home care agencies play a vital role in today’s healthcare landscape, especially as more individuals choose to age in a designated home with professional care workers or manage chronic conditions from the comfort of their own homes. Carefully Caring Home Care Agency meets this critical need, promoting dignity, independence, and stability in the communities they

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