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 […]

Smith’s Viewpoint: Where Will the Next Phase of Job Growth Take Place?

When RIDC built Mill 19 at Hazelwood Green, we viewed it as a project that would have a catalytic effect on the undeveloped portion of that site and, ultimately, an economic impact that would benefit the community and the region as a whole. We’ve achieved some important milestones thus far, and more activity is in […]

Michael Baker International Named the Program Management Consultant for PennSTART

Michael Baker International has been named the Program Management Consultant for PennSTART, a collaborative effort between RIDC, Pennsylvania Department of Transportation (PennDOT), the Pennsylvania Turnpike Commission, Westmoreland County, and Carnegie Mellon University to develop a state-of-the-art facility envisioned to benefit emergency responders, transportation technology companies, and research institutions while supporting the local economy. The firm will develop a master plan for […]

Carrie Furnace Development Continues to Move Forward; Roads, Infrastructure Now in Place

Progress on Carrie Furnace’s new development continues. The infrastructure required to prepare the site for the construction of its first two tech-flex buildings, including roads, utility work and the first pad, is now in place, as are the footers and foundation for the first building. Work on interior sanitary and mechanical, electrical and plumbing lines […]

Photos: Butterfly Sanctuaries at RIDC Mill 19 and Tech Forge

Did you know there are butterfly sanctuaries at RIDC Mill 19 and Tech Forge? Butterflies are attracted to bright flowers and need to feed on nectar. When they do their bodies collect pollen and carry it to other plants. This helps fruits, vegetables and flowers produce new seeds. The flowers planted at both properties were […]

Innovation Works’ Robotics Factory, AlphaLab Coming to RIDC Tech Forge

Innovation Works’ Robotics Factory and AlphaLab accelerator programs will be making their new home at RIDC Tech Forge. Media Coverage: Pittsburgh Inno – Robotics Factory, AlphaLab accelerators moving into former site used by Locomation in Lawrenceville Technical.ly – Innovation Works’ Robotics Factory is moving to Robotics Row Pittsburgh Post-Gazette – Lawrenceville is Pittsburgh Robotics Factory’s […]