RIDC Spring Newsletter 2024

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Creating jobs in the Mon Valley: A Decades-Long Effort Bears Fruit

When RIDC acquired the former Westinghouse campus in Turtle Creek 35 years ago — intent on renovating the decaying buildings and revitalizing the abandoned site — it was the first in a series of moves over decades that have transformed several old industrial sites and provided homes for job creating companies in the Mon Valley.

Blooming from Blight: Earth Day Spotlight on Green Redevelopment in Pittsburgh

Across the Pittsburgh region, there are historic industrial sites that, while abandoned and left to blight after the fall of steel and other industries, have since been brought back to life, redeveloped and revitalized into homes for companies that are driving the innovation of today. Giving new life to old structures is in and of […]

Table of Experts: Partnerships Key to Attracting Business and Jobs to Region

“You couldn’t do a project like this without all the partners that we have,” said RIDC President Don Smith at a roundtable discussion with Jason Rigone, Executive Director of Westmoreland County Industrial Development Corporation; Rick Siger, Secretary of Pennsylvania Department of Community & Economic Development; and Victor Mroczkowski, Executive Vice President of Operations for Re:Build […]

Our Region’s Connector: RIDC Annual Report 2023

Our partnerships with government entities at all levels, with the communities in which our parks are located, and with the job-creating businesses that fill them are creating tangible economic benefits across our region. With active development projects at the Fairywood site in the City of Pittsburgh, Carrie Furnace, which straddles Rankin, Swissvale and Braddock, the […]

New Kensington Phase 1 Nearing Completion

Phase 1 of Re:Build Manufacturing’s new space in New Kensington is nearing completion. General Contractor: Mascaro Construction Architect: R3A Architecture Partner: Westmoreland County Industrial Development Corporation

Partnerships Make Projects Possible

Examples of public/private partnerships between RIDC, local government and economic development officials, leveraged to bring more resources and support to the table.

Fairywood: After Success of New Ferguson Building, Another Opportunity on the Horizon

Last month’s ribbon cutting at Ferguson Enterprises’ newly constructed facility, developed by RIDC in the Fairywood neighborhood of Pittsburgh, was a milestone in a great success story. It is bringing new jobs and economic activity to a site that has been dormant since a former public housing project suffered severe storm damage more than 15 […]

WCIDC, RIDC joint venture finalizes purchase of New Kensington Advanced Manufacturing Park

FOR IMMEDIATE RELEASE: WCIDC, RIDC joint venture finalizes purchase of New Kensington Advanced Manufacturing Park GREENSBURG, PA, October 18, 2023 — The joint venture between Westmoreland County Industrial Develop­ment Corporation (WCIDC) and Regional Industrial Development Corporation (RIDC) today finalized the acqui­sition of the New Kensington Advanced Manufacturing Park from the Redevelopment Authority of the City […]

RIDC Fall Newsletter 2023

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RIDC Sells McKeesport Rail Roundhouse

  FOR IMMEDIATE RELEASE: Media Contact: Desiree Niccoli, desiree@alschulerpr.com, 412-535-5701   RIDC SELLS MCKEESPORT RAIL ROUNDHOUSE McKeesport, PA, October 4, 2023 — Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) has sold the historic McKeesport Connecting Railroad roundhouse, located on a 4-acre parcel at RIDC’s Industrial Center of McKeesport, to W&E Investment LLC for $273,000. […]

Strategic Investment Fund Partners with RIDC

FOR IMMEDIATE RELEASE:   Strategic Investment Fund Completes First Close of $34 Million for Investment in Catalytic Real Estate Projects Announces New Strategic Focus and Partners with RIDC (PITTSBURGH – Sept. 18, 2023) – Strategic Investment Fund Partners (SIF), a private sector source of gap financing for catalytic real estate projects in southwestern Pennsylvania, has […]