ridc olympics

Development

Development

Developing projects that spark transformational change requires combining the community service orientation of a nonprofit entity with the entrepreneurial approach of a private sector business. As a private entity, RIDC functions much like other private developers, but as a nonprofit, it is mission driven as well as market driven. We partner with community leaders and institutions to ensure investment decisions are providing the benefits the community needs and because of our large portfolio and strong balance sheet, we can take a longer-term view of success.

To sum it up, RIDC takes on projects commercial developers wouldn’t and creates a market for that property. Success is always defined by the number of jobs and economic impact that have been created, rather on quick turnarounds and profits.

RIDC Projects Bring Transformational Improvement

Revitalizing obsolete industrial sites, once bustling with life, into new centers of economic activity, bringing jobs and tax revenue back to their communities.

Lawrenceville Technology Center

A 14-acre Heppenstall Steel industrial site transformed into an urban technology park.
LEARN MORE

Keystone Commons

RIDC rehabilitated several original buildings which now house over 40 companies and employ about 1,100 people.
LEARN MORE

Westmoreland Innovation Center

A center for technology and value-added manufacturing and home to PennSTART, a shared test track and training facility for autonomous vehicles and first responders.
LEARN MORE

Transformational Improvement

The tangible impact RIDC has on people and places around our region is accelerating as projects attract new and expanding business and future projects begin to take shape. Having led the development of 29 past and current projects, RIDC’s current property portfolio includes nearly 8 million square feet at 15 locations.

RIDC Mill 19

From an Industrial Steel-Making Past to a Sustainable Advanced Manufacturing Future
LEARN MORE

Transformational Improvements

RIDC has worked on many community improvement projects
LEARN MORE

Partnerships

RIDC partners with communities, elected officials, and local economic development organizations to create transformative projects that attract businesses and job. Examples include our partnership with PennDOT, the PA Turnpike Commission, and Carnegie Mellon’s Safety 21 on PennSTART, a shared test track. The Westmoreland Industrial Development Corporation partners with RIDC on the New Kensington Advanced Manufacturing Park and the Westmoreland Innovation Center near New Stanton. RIDC is also partnering with Armstrong County Industrial Development to build momentum for the RIDC Armstrong Innovation Park and just concluded a successful partnership with the Pittsburgh Urban Redevelopment Authority after building, leasing, and selling a building and adjacent land in Fairywood.

RIDC O'Hara Industrial Park

From an Industrial Steel-Making Past to a Sustainable Advanced Manufacturing Future
LEARN MORE

Economic Impact

Economic Impact

RIDC projects have produced hundreds of millions of dollars in tax revenue and are home to thousands of high-quality jobs.

1000

Total Number of Jobs Supported

30000000

Capital Investment

7000000

New Financing

2000000

Real Estate Taxes Paid

Our Partners

Creating partnerships with communities and diverse groups of stakeholders, working together toward long-term, achievable, transformative objectives.

RIDC's Impact

Whether the challenge is connecting our region’s past to its future, or the right team to the right project. Our team rises to the occasion.