RIDC

RIDC (Regional Industrial Development Corporation)
Founded1955 (71 years ago)
Location
  • 267 Kappa Drive, Pittsburgh, PA 15238
Area served
Pittsburgh metropolitan area
Key people
Donald F. Smith, Jr. PhD, President

Timothy White, Senior VP, Business Development and Strategy

Mike Goldstrom, Senior Vice President, Real Estate
Employees31
Websiteridc.org

The Regional Industrial Development Corporation of Southwestern Pennsylvania—known colloquially as RIDC—is a privately funded non-profit 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. 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, behind only Oxford Development and CBRE Group while surpassing Jones Lang LaSalle.

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