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 trans
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actions that attract investment, jobs, and tax rate tables 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.