A future of growth for the Mon Valley

Recent controversy over the proposed sale of U.S. Steel to Nippon Steel has shone a light on the Mon Valley, its people and the economic challenges the region’s faced over the decades and will continue to face if more heavy industry leaves. But it’s important to remember that even if those jobs are saved, that […]

RIDC President Makes Pittsburgh Business Times’s 2025 Power 100 List

For the sixth year in a row, our very own Donald F. Smith, Jr. has been recognized in the Pittsburgh Business Times’s POWER 100 list, a compilation of the region’s most influential business leaders. Congratulations, Don! About the listing, the Pittsburgh Business Times said: “Those we define as influential in Pittsburgh’s business community are people […]

RIDC’s Don Smith: Economic development benefits from catalytic projects

“Taking these old buildings and repurposing them, bringing them back to life can take a lot of years and a lot of hard work,” said RIDC President Donald F. Smith, Jr. “That’s one of the reasons RIDC exists, because for for-profit developers, they can’t invest the money and carry that investment until it pays off […]

Advanced Respiratory Technologies Signs Five-Year Lease in RIDC O’Hara, Joining Community of Life Science Businesses

  FOR IMMEDIATE RELEASE: Media Contact: Steven Alschuler, salschuler@ridc.org, 917-647-2151   Advanced Respiratory Technologies Signs Five-Year Lease in RIDC O’Hara, Joining Community of Life Science Businesses Pittsburgh, PA – October 15, 2024 – Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) announced that Advanced Respiratory Technologies, a new tenant, has signed a five-year lease for approximately […]

Kelsey Kanspedos, RIDC Development Manager, Receives NAIOP’s 2024 Developing Leaders Award

Kelsey Kanspedos, Development Manager at RIDC, was one of five commercial real estate professionals to receive NAIOP’s prestigious 2024 Developing Leaders Award. The annual award honors exceptional professionals under the age of 35 for their outstanding professional accomplishments, strong leadership and significant community involvement. The winners were recognized during NAIOP’s CRE.Converge 2024 in Las Vegas. […]

Duquesne Light Buys Building at RIDC Industrial Center of McKeesport

  FOR IMMEDIATE RELEASE: Media Contact: Steven Alschuler, salschuler@ridc.org, 917-647-2151   Duquesne Light Buys Building at RIDC Industrial Center of McKeesport Manor III building in RIDC Industrial Center of McKeesport McKeesport, PA – October 3, 2024 – Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) announced that it has sold the Manor III building on 241 […]

Holtec International Extends Lease at the RIDC’s Keystone Commons

  FOR IMMEDIATE RELEASE: Media Contact: Steven Alschuler, salschuler@ridc.org, 917-647-2151 Holtec International Extends Lease at the RIDC’s Keystone Commons Aerial of RIDC’s Keystone Commons TURTLE CREEK, PA – September 26, 2024 – Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) announced that Holtec International has signed a five-year lease extension for its space at RIDC […]

TEQ: Film industry, innovation to bring Carrie Furnace site back to life

Dating back to the 1880s and part of Andrew Carnegie’s US Steel for the better part of a century, the Carrie blast furnaces once produced 1,000 tons of iron a day. Now, with the remains of two of those furnaces still standing as a reminder of the region’s history, the Carrie Furnace site is poised […]

How RIDC is making Mon Valley a model for revitalization

With Pennsylvania Gov. Josh Shapiro making economic development a priority with new programs and hundreds of millions of dollars in funding, the Mon Valley could be a key regional focus. Communities that have deteriorated could be restored and with dedicated resources, the Mon Valley has the potential to thrive once again. Article can be read […]

Professional Training Associates Extends Lease in RIDC’s City Center of Duquesne

  FOR IMMEDIATE RELEASE:  Media Contact: Desiree Niccoli, desiree@alschulerpr.com, 412-535-5701   Professional Training Associates Extends Lease in RIDC’s City Center of Duquesne Aerial shot of RIDC’s City Center of Duquesne PITTSBURGH, PA – August 5, 2024 – Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) announced that Professional Training Associates (PTA) has signed a 5-year […]