Transforming the Lower Schuylkill
In 2010, a major study by the City and its partners found Philadelphia seriously lacking in modern industrial sites. The Lower Schuylkill was identified as a prime location to meet this critical need, and a subsequent planning process resulted in a blueprint for revitalization aimed at attracting a diverse array of new and growing businesses.
Led by the Philadelphia Industrial Development Corporation [PIDC], the initial implementation efforts have attracted nearly $100 million of investment, cleaned up 40 acres of contaminated brownfield, established 4 acres of new riverfront greenspace, and created a mile of new riverfront trail. Dozens of new companies have set up shop in the area and created more than 250 new jobs.
And this is only the start!
For more information, visit PIDCphila.com
or contact Kate McNamara, Vice President, Real Estate Services