Seventy years is a long time for an organization to continue to have the kind of impact RIDC has had.

After seven decades, RIDC is still creating spaces and places for economic growth, taking on the most challenging projects, producing tangible results and supporting companies that are creating high quality jobs for communities and the region as a whole.

The nearly eight million square feet of property in 57 buildings RIDC currently owns are home to 118 companies that generate approximately 8,500 jobs. Even though RIDC is a nonprofit, these properties paid $3.3 million in local, county and school real estate taxes last year.

A large percentage of the jobs created at RIDC parks are in key industry sectors, such as robotics, artificial intelligence, life sciences and healthcare, materials manufacturing, energy, construction and engineering services.

The 8,500 people employed as a result of RIDC tenants cumulatively pay an estimated $67 million in state, federal and local income taxes.

And these jobs and tax dollars are being generated in communities that need them most. Sixty percent of RIDC’s current properties are located in distressed communities, where the median household income is less than 85% of the Pennsylvania average. Of those, two-thirds are in communities where the median household income is less than 65% of the Pennsylvania average.

To read the full report, click here.