RIDC
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| Founded | 1955 (71 years ago) |
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Region served | Pittsburgh metropolitan area |
Key people | Donald F. Smith, Jr. PhD, President[1] Timothy White, Senior VP, Business Development and Strategy Mike Goldstrom, Senior Vice President, Real Estate |
| Employees | 31[2] |
| Website | ridc |
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The Regional Industrial Development Corporation of Southwestern Pennsylvania—known colloquially as RIDC—is a privately funded non-profit[3] serving the Pittsburgh metropolitan area to focus on a regional approach to economic development primarily through managing and rehabilitating area research and industrial parks, often old abandoned or obsolute facilities formerly used as steel mills or other heavy industry, for modern tenants. RIDC was formed on August 8, 1955, as a non-profit corporation after area business, corporate, government and labor leaders supported a central agency responsible for developing and coordinating efforts to create new employment and economic diversity.[4] As of March 2024 it is listed as the fourth largest commercial property manager in metropolitan Pittsburgh with 7,700,000 gross leasable square feet,[5] behind only Oxford Development[6] and CBRE Group[7] while surpassing Jones Lang LaSalle.[8]
Research Parks
RIDC provides development, finance and leasing of new and redeveloped research and business parks using a wide range of real estate development activities. RIDC Research and Business parks are both new development and lab or industrial transfers from such corporations as Sony, Westinghouse and US Steel and include:[9]
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- Bakery Square (2007 site preparation)[10][11][12]
- Beaver Manor (since 1987)[13]
- Carrie Furnace
- City Center of Duquesne[14]
- Collaborative Innovation Center
- Glassport (historical involvement circa 1978)[15]
- Industrial Center of McKeesport[16] (since 1984)
- Innovation Ridge[17]
- Keystone Commons (since 1893, RIDC since 1987)[18]
- Lawrenceville Technology Center
- Mill 19 at Hazelwood Green (home to Carnegie Mellon University's Manufacturing Futures Institute and Advanced Robotics for Manufacturing, Motional, and others)[19]
- Neighborhood 91 (advanced manufacturing campus, as master developer)
- Neshannock
- New Kensington Advanced Manufacturing Park (partnership with Westmoreland Industrial Corp)
- Park Lane (1988 site preparation)[20]
- Park West (original home to USAirways Ops Center)[21][22]
- Pittsburgh Technology Center (48 acres since 1984)[23][24]
- RIDC Armstrong Innovation Park
- RIDC O'Hara Industrial Park (Giant Eagle headquarters)[25]
- RIDC Westmoreland Innovation Center
- Southpointe (historical involvement, 589 acres)[26][27][28]
- Tech 21[29]
- Thorn Hill (900 acres started December 11, 1968)[30]
Mission
RIDC's mission is to foster and support economic growth with job creation through public policy advocacy, economic development initiatives, and real estate development to advance the public interest within the greater Pittsburgh region.[31][32] Relying on public, private, and institutional partnerships, RIDC has assisted both emerging and existing growth opportunities across industry sectors.[33][34][35][36][37]
Community support
With a long history of successful regional economic development initiatives [38][39] RIDC staff includes professionals in economic development, public policy, finance and property management, planning, engineering, construction, site selection, facility design, construction management with regular interaction with community leaders, corporate CEOs and Chairman.[37][40] RIDC has provided comprehensive and coordinated development or redevelopment of property projects from conceptual design to completion and occupancy as well as business incubators.[41][42] Varied industry needs, including machinery and equipment financing assistance are serviced by the RIDC for new, small and growing business enterprises, applied research and development activities and partnership with Western Pennsylvania's academic institutions.[35][43] Historically the RIDC has hosted Pittsburgh Hilton conferences with area business leaders, Chambers of Commerce and speeches from the Governor of Pennsylvania and head of the Department of Community and Economic Development, as well as County and municipal officials around the region.[44][45] It has partnered with the Appalachian Regional Commission, Carnegie Mellon University the Heinz Endowments and the Richard King Mellon Foundation among others.[36][46][47][48] It has provided board members for the Allegheny County Planning Commission for such projects as Oxford Centre.[49][50]
History
In early 1955 Pittsburgh business, corporate, government and labor leaders supported a central agency responsible for developing and coordinating efforts to create new employment and economic diversity. The RIDC was established August 8, 1955 as a nonprofit corporation and amended its charter on February 16, 1962 to allow it to engage directly in such things as construction, purchasing, selling and financing of developments.
Operational goals of the RIDC are to maintain a dynamic economic development portfolio through preserving, strengthening and expanding the area's employment base through retention and expansion of job opportunities, and by developing and promoting programs that assist in the creation of a more diversified economy.[51]
Presidents
- John P. Robin 1955–1967[52][53][54]
- Hiram Milton 1967–1981[55]
- Frank Brooks Robinson 1981–2003[37][56]
- Robert C. Stephenson 2003–2009[57]
- Dr. Donald F. Smith Jr. 2009–Present[1][58]
Managing Initiatives RIDC also manages several programs, including the Strategic Investment Fund, Keystone Innovation Zone, Foreign Trade Zone, and PIDA loan applications.
References
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- ^ a b Don Smith, RIDC (Video) Pittsburgh Business Journal
- ^ Page Module:Citation/CS1/styles.css has no content."RIDC Home". Ridc.org. Retrieved November 13, 2013.
- ^ Page Module:Citation/CS1/styles.css has no content.White, William A. (June 26, 1956), "Power Firm Turned Lake Area Into Gigantic Chemical Shore", Pittsburgh Press, Pittsburgh, PA, p. 1
- ^ Page Module:Citation/CS1/styles.css has no content.Boren, Jeremy (January 25, 2013), "RIDC O'Hara confounds its critics for 50 years", Tribune-Review, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Pravlik, Melissa (March 29, 2025), "RIDC", Pittsburgh Business Times, Pittsburgh, PA, p. 3
- ^ Page Module:Citation/CS1/styles.css has no content.Pravlik, Melissa (March 29, 2025), "Oxford Development", Pittsburgh Business Times, Pittsburgh, PA, p. 4
- ^ Page Module:Citation/CS1/styles.css has no content.Pravlik, Melissa (March 29, 2013), "CBRE", Pittsburgh Business Times, Pittsburgh, PA, p. 5
- ^ Page Module:Citation/CS1/styles.css has no content.Pravlik, Melissa (March 29, 2013), "Jones Lang Lasalle", Pittsburgh Business Times, Pittsburgh, PA, p. 2
- ^ Page Module:Citation/CS1/styles.css has no content."RIDC Home". Ridc.org. Retrieved November 13, 2013.
- ^ Page Module:Citation/CS1/styles.css has no content.Green, Elwin (February 10, 2007), "$1 million state grant to aid Bakery Square project", Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Yeomans, Michael (May 11, 2004), "The heat is on: Bakery revival uncertain", Tribune-Review, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."Nothing in oven yet, but bakery ready to go", Post-Gazette, Pittsburgh, PA, August 13, 1999
- ^ Page Module:Citation/CS1/styles.css has no content.Ironton, Gabriel (November 27, 1987), "Hopewell site to be home to new firms", Pittsburgh Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."Brownfield sites get $8M for redevelopment", Business Times, Pittsburgh, PA, October 13, 2005
- ^ Page Module:Citation/CS1/styles.css has no content.Snyder, Thomas P. (February 25, 1978), "County hopes to save jobs at Copperweld", Pittsburgh Press, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."McKeesport on the move", Post-Gazette, Pittsburgh, PA, September 27, 1984
- ^ Page Module:Citation/CS1/styles.css has no content.Hritz, Thomas M. (December 12, 1968), "Warrendale Center will not be closed, State, County agree.", Pittsburgh Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Linn, Virginia (November 27, 1987), "Westinghouse building could house several firms", Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."RIDC Mill 19".
- ^ Page Module:Citation/CS1/styles.css has no content."Office center unveiled", Beaver County Times, Beaver, PA, March 10, 1989
- ^ Page Module:Citation/CS1/styles.css has no content."Massive merger of USAir, Piedmont airlines takes off tomorrow", Post-Gazette, Pittsburgh, PA, August 4, 1989
- ^ Page Module:Citation/CS1/styles.css has no content.Scheckner, Bill (May 22, 2002), "CCAC Ponders new center in Findlay", Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."Institute called boost to economy", Pittsburgh Post-Gazette, Pittsburgh, PA, November 15, 1984
- ^ Page Module:Citation/CS1/styles.css has no content.O'Toole, James (November 15, 1984), "CMU wins software war", Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."RIDC Business Alliance". Retrieved November 4, 2013.
- ^ Page Module:Citation/CS1/styles.css has no content.Gannon, Joyce (May 3, 1991), "Home for High Tech", Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Timlin, Kim (May 5, 1991), "High-tech site, golf course set pace for Southpointe", Pittsburgh Press, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Mullig, Mario (May 3, 1991), "Development group details Southpointe plan", Washington Observer-Reporter, Washington, PA
- ^ Page Module:Citation/CS1/styles.css has no content."RIDC acquires Tech 21 business park in Pittsburgh's North Hills - Pittsburgh Business Times". Archived from the original on November 29, 2014.
- ^ Page Module:Citation/CS1/styles.css has no content.Fitzpatrick, Dan (June 10, 2004), "US Airways shifts 130 training jobs to N.C.", Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Ackerman, Jan (July 4, 1984), "School districts score: taxes up, jobs down", Pittsburgh Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Shropshire, Corilyn (August 3, 2004), "Roofing firm plans to stay, add workers", Pittsburgh Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."RIDC Home". Ridc.org. Archived from the original on November 2, 2013. Retrieved November 13, 2013.
- ^ Page Module:Citation/CS1/styles.css has no content."Development group files for charter", Pittsburgh Post-Gazette, Pittsburgh, PA, p. 28, August 4, 1955
- ^ a b Page Module:Citation/CS1/styles.css has no content."RIDC Home". Ridc.org. Archived from the original on November 2, 2013. Retrieved November 13, 2013.
- ^ a b Page Module:Citation/CS1/styles.css has no content."Nine southwestern counties form state's first economic district", Observer-Reporter, Washington, PA, August 31, 1967
- ^ a b c Page Module:Citation/CS1/styles.css has no content.Kelly, Charlie (July 23, 1981), "Panel to Map Region's Economy", Pittsburgh Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."GM warns Michigan", Pittsburgh Post-Gazette, Pittsburgh, PA, April 30, 1957
- ^ Page Module:Citation/CS1/styles.css has no content."Area's Economy Reported Strong", Beaver County Times, Beaver, PA, September 23, 1974
- ^ Page Module:Citation/CS1/styles.css has no content."Air development at AID seminar", Beaver County Times, Beaver, PA, October 30, 1963
- ^ Page Module:Citation/CS1/styles.css has no content.Wilhelm, Kathy (July 25, 1985), "Incubators help hatch new firms", Pittsburgh Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Daparma, Ron (August 30, 2007), "South Oakland's tech strip to expand", Tribune-Review, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."The Pittsburgh Press - Google News Archive Search". news.google.com. Retrieved April 22, 2023.
- ^ Page Module:Citation/CS1/styles.css has no content.McConnell, Dave (February 27, 1970), "Look before you leap, C of C says", Pittsburgh Post-Gazette, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."RIDC Parks - Pittsburgh Airport Area Chamber of Commerce - Pittsburgh Airport Area Chamber of Commerce". Paacc.com. January 26, 2010. Retrieved November 13, 2013.
- ^ Page Module:Citation/CS1/styles.css has no content.Daparma, Ron (August 31, 2007), "Master developer sought for Hazelwood", Pittsburgh Tribune-Review, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Bauman, Mary Lou (July 26, 1977), "Toxic Research Lab Scheduled For Penn", News Dispatch, Jeanette, PA
- ^ Page Module:Citation/CS1/styles.css has no content."Development Crosses Lines", Beaver County Times, Beaver, PA, October 30, 1963
- ^ Page Module:Citation/CS1/styles.css has no content.Snyder, Thomas P. (November 27, 1978), "Grant Land Complex Gets Support", Pittsburgh Press, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Snyder, Thomas P. (November 27, 1978), "Grant Land Plan Gets More Support", Pittsburgh Press, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content.Smock, Douglas (June 20, 1975), "Allis plant material to be 'cannibalized'", Pittsburgh Post-Gazette, Pittsburgh, PA"
- ^ Page Module:Citation/CS1/styles.css has no content."Robin Chosen Head of Industrial Plan", Pittsburgh Press, Pittsburgh, PA, July 30, 1955
- ^ Page Module:Citation/CS1/styles.css has no content.Copage, Eric V. (May 13, 2000), "John P. Robin, 87; Led the Redevelopment of Downtown Pittsburgh", The New York Times
- ^ Page Module:Citation/CS1/styles.css has no content."Robin resigns Secretary of Commerce Job", Gettysburg Times, Gettysburg, PA, August 9, 1955
- ^ Page Module:Citation/CS1/styles.css has no content."Hirman Milton an economics consultant", Pittsburgh Post-Gazette, Pittsburgh, PA, March 31, 1984
- ^ Page Module:Citation/CS1/styles.css has no content.Daparma, Ron (April 17, 2003), "Robinson to retire as RIDC president", Pittsburgh Tribune-Review, Pittsburgh, PA
- ^ Page Module:Citation/CS1/styles.css has no content."Robert Stephenson Named as President of RIDC; Frank Brooks Robinson, Sr. Steps Down", PR Newswire, April 17, 2003
- ^ Page Module:Citation/CS1/styles.css has no content.Daparma, Ron (November 27, 2008), "CMU-Pitt official moving to development nonprofit", Pittsburgh Tribune-Review, Pittsburgh, PA
"Rebuilding Pittsburgh: RIDC and the Transformation of the Steel City, Jeffery Fraser, 2025, Globe Pequot "A Focus on Partnerships," Pittsburgh Business Times, June 27, 2025
External links
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