Philadelphia Industrial Development Corporation (PIDC) Regional Center Rating

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Experience:0 projects
I-924A Rating:Non-Transparent

CONTACT INFORMATION

Philadelphia Industrial Development Corporation (PIDC) Regional Center
First Name
Tom
Last Name
Rosenfeld
Contact Phone
215-496-8020
Fax
215-977-9618
Website
Contact Email
Linked In
Twitter
@PIDCphila
Facebook

ADDRESS

1500 Market Street, Suite 2600 West, Philadelphia, PA 19102

STATES

Pennsylvania
  • Bucks
  • Chester
  • Delaware
  • Montgomery
  • Philadelphia

INDUSTRIES

321991
335314
482000
Business Support & Waste Management Services / Convention & Visitor Bureaus / 561591
Business Support & Waste Management Services / Convention and Trade Show Organizers / 561920
Educational Services / Colleges, Universities, and Professional Schools / 611310
Public Administration / Executive Offices / 921110
Public Administration / Regulation and Administration of Transportation Programs / 926120

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Philadelphia Industrial Development Corporation (PIDC) Regional Center

(25%)

PIDC, Philadelphia's public-private economic development corporation, in conjunction with CanAm Enterprises, LLC, prepared and submitted an application to have the County of Philadelphia designated as a Regional Center under the U.S. immigrant investor program.

PIDC is Philadelphia's public-private economic development corporation founded by the City of Philadelphia and the Greater Philadelphia Chamber of Commerce in 1958. Our mission is to spur investment, support business growth, and foster developments that create jobs, revitalize neighborhoods, and drive growth to every corner of Philadelphia. To achieve this mission PIDC attracts, manages, and invests public and private resources in the clients, communities, and markets that energize Philadelphia’s economy.

We offer flexible financing tools, a targeted portfolio of industrial and commercial real estate, and decades of Philadelphia-based knowledge to help our clients invest, develop, and grow. We also structure and invest in public-private partnerships for key City policy areas and development priorities.

PIDC promotes large-scale neighborhood economic development through partnerships with established community organizations on neighborhood revitalization projects. Clients range from commercial and industrial businesses to the developers of large, public purpose facilities, in all neighborhoods of Philadelphia. PIDC offers a wide variety of loan and grant programs. Although specific terms and conditions vary, many programs offer subordinated financing and below-market interest rates to encourage investment in Philadelphia. Use of loan funds is determined by the circumstances and may include real estate acquisition, construction, or machinery/equipment purchase. PIDC loan funds are usually leveraged with private debt and equity.

Is the Regional Center a Public Agency, Government Entity or a Public/Private Partnership (EDC/EDA) affiliated or associated with one?
No


Conversations

Mentions

  • CanAm Enterprises Announces its 34th EB-5 Partnership Loan Repayment – The Marriott Courtyard at the Navy Yard Project
  • 1,700 CanAm Investors Received Full Principal Repayment and Permanent Green Cards
  • Investor green card program that has greenlit Philly’s building boom faces uncertain future
  • CanAm Enterprises Announces the 30th EB-5 Partnership Loan Repayment
  • How EB-5 has influenced the economies of the 2016 convention cities
  • CanAm Enterprises Reaches Another Milestone with More Than 1,500 I-829 Petition Approvals
  • More Than 60 New I-829 Approvals in Less Than 30 days for CanAm
  • CanAm’s 43rd Project Funds, Marking Continued Investment of EB-5 Capital to Redevelop the Philadelphia Navy Yard
  • CanAm's Six Most Recent Projects Approved by USCIS, Some in Less than Six Months
  • CanAm’s 43rd Project Funds, Marking Continued Investment of EB-5 Capital to Redevelop the Philadelphia Navy Yard.
  • Visa sale program helps investors get green cards, Philly projects a green light
Philadelphia Industrial Development Corporation (PIDC) Regional Center screenshotPhiladelphia Industrial Development Corporation (PIDC) Regional Center screenshotPhiladelphia Industrial Development Corporation (PIDC) Regional Center screenshotPhiladelphia Industrial Development Corporation (PIDC) Regional Center screenshotPhiladelphia Industrial Development Corporation (PIDC) Regional Center screenshotPhiladelphia Industrial Development Corporation (PIDC) Regional Center screenshotPhiladelphia Industrial Development Corporation (PIDC) Regional Center screenshotPhiladelphia Industrial Development Corporation (PIDC) Regional Center screenshotPhiladelphia Industrial Development Corporation (PIDC) Regional Center screenshot

Designation

Regional Center ID number
1031910154
Designation Date
2011-10-19
Amendment Date
2011-03-28
Submission Date
2003-02-28

NAICS Codes

  • Business Support & Waste Management Services / Convention & Visitor Bureaus / 561591
  • Business Support & Waste Management Services / Convention and Trade Show Organizers / 561920
  • Public Administration / Executive Offices / 921110
  • Educational Services / Colleges, Universities, and Professional Schools / 611310
  • Public Administration / Regulation and Administration of Transportation Programs / 926120
  • 335314
  • 321991
  • 482000

Designation Letter - Download

Download

Projects

Regional Center EB-5 Quick Facts

Number of Approved I-526: 1241

Number of Approved I-829: 1000


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