The Philadelphia Industrial Development Corporation (PIDC) is
Philadelphia’s city-wide economic development corporation. Founded
in 1958 as a non-profit, joint venture between the City of
Philadelphia and the Greater Philadelphia Chamber of Commerce, PIDC
plans and implements real estate and financing transactions that
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attract investment, jobs and tax ratables to the City of
Philadelphia. PIDC accomplishes this mission by developing and
managing public and private resources that are used to leverage
even greater investments from a diverse range of governmental,
for-profit and non-profit clients throughout all of Philadelphia’s
neighborhoods