Pittsburgh Economic & Industrial Development Corporation
The Pittsburgh Economic & Industrial Development Corporation (PEIDC) serves as Pittsburgh’s industrial development corporation for real estate development.
About Us
About Us
The Pittsburgh Economic & Industrial Development Corporation (PEIDC) was established in 1995 to serve as the City of Pittsburgh’s industrial development corporation for real estate development. It is a member-based organization with its membership consisting of private real estate developers, community development organizations, lenders and development professionals.
With Internal Revenue Service 501 (c) (3) nonprofit corporation status and certification from the Pennsylvania Industrial Development Authority (PIDA), the PEIDC is able to purchase real estate for development, obtain private and public financing, and sell or lease real estate; all for projects where private real estate developers will not or cannot undertake industrial or commercial development projects.
Our Board
Board of Directors
Glenn Groninger, Chair
Senior Vice President
PNC Bank
Lindsay A. Powell, Vice Chair
State Representitive, District 21
Commonwealth of Pennsylvania
Rebecca Davidson-Wagner, Treasurer
Director of Community Development Investments
Urban Redevelopment Authority of Pittsburgh
Thomas Link, Secretary
Chief Development Officer
Urban Redevelopment Authority of Pittsburgh
Claudia Steeb
Senior Managing Director
JLL Capital Markets
Monica Ruiz
Executive Director
Casa San Jose
DeAnna Davis
Founder and CEO of DJD Enterprise LLC
Real Estate Professional, Keller Williams
Jason Hobbes
General Counsel
RIDC of Southwestern PA
Lori Moran
V. P. Real Estate Development
Bally Money Real Estate
Highlighted Projects
Highlighted Projects
Larimer III & Larimer IV
Part of the Larimer / East Liberty Choice Neighborhood Initiative
Larimer IV
PEIDC is proud to play a role in the redevelopment of the former Larimer School as the Master Leaseholder. Originally built in 1896, this school sat dormant for the last forty years. Now, it will contain 35 mixed-income apartment units, a community space, and a commercial kitchen.
Entrance before & after:
Corner before & after:
Auditorium before & after:
Larimer III
On what was once vacant land adjacent to the former Larimer School now sits Cornerstone Village. The product of this partnership between PEIDC, the Housing Authority of the City of Pittsburgh, and McCormack Baron Salazar, this development will include 42 mixed-income housing units, retail space, parking, green space, and community and fitness centers. PEIDC is currently seeking retail tenants for this space. If interested in learning more, please reach out to Donita Thomas dthomas@ura.org.
In the News
PEIDC In the News
(1/7/24) CBS Intersections Larimer Celebration Hall - Part 2
(1/7/24) CBS Intersections Larimer Celebration Hall - Part 1
(12/1/23) WPXI - Old School Building in Larimer to be Transformed into Community Event Space
(10/14/23) Community Spotlight: The Celebration Hall of Larimer
(2/22/22) After Decades of Vacancy, Larimer School set to Re-open as Mixed-Income Apartments
Annual Membership Meeting
Annual Membership Meeting
PEIDC’s Annual Membership meeting will be held on April 23, 2024 at 1:00 p.m. Attendees will hear from guest speaker Rob Pfaffmann, FAIA, AICP and hear exciting updates on the work PEIDC completed in 2023.
Want to get in touch? Contact Thomas Link, URA Chief Development Officer, tlink@ura.org.