Tag Archives: RIDC

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AC Client RIDC Featured in Site Selection Article “Berlin and the Burgh”

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Read here: Berlin and the Burgh

In the Steel City, Rebirth Is an Industry Unto Itself

Could Pittsburgh offer a model? In the resurgent Pennsylvania city — where Google employs 500 at the renovated Bakery Square complex in the East Liberty/Larimore area and where Siemens is among the major employers — the historical currents of the energy industry still flow as strong as the Allegheny. And more people claim Germany ancestry than any other.

This week the region welcomed the opening of Siemens’ new $32-million, 300,000-sq.-ft. Pittsburgh Service Center (PSC) in Mount Pleasant, on a site being redeveloped by Regional Industrial Corporation of Southwestern Pennsylvania (RIDC) in partnership with the Westmoreland County Industrial Development Corporation.

“Siemens is one of our region’s great business assets, helping to fuel economic development and growth of the Westmoreland community,” said Donald Smith Jr., president of RIDC. “By developing programs with WCCC – which is also an anchor presence on this campus – Siemens is demonstrating the value the Advanced Technology Center can provide to employers while building a highly skilled local workforce.”

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Breaking Ground: How We Can Be Partners For Growth of PGH’s Tech Industry

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Commercial real estate thought leader Donald Smith, president of AC client RIDC, discusses How We Can Be Partners for Growth of Pittsburgh’s Tech Industry for the Nov./Dec. 2018 issue of Breaking Ground.

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Client Article for Area Development: Drawing Maturing Workforce Outside City Centers

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The president of AC client RIDC writes another article for Area Development and advises companies on how to successfully draw — and retain — a maturing urban workforce to urban fringe communities and beyond, by focusing on a location’s quality of life, high-level amenities and sense of community.  The complete article can be read here: Drawing a Maturing Urban Workforce Outside the Central Business District.

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President of AC Client RIDC Pens Article for National Real Estate Investor

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President of AC Client RIDC writes article What Property Owners Outside CBDs Can Do To Attract Expanding Industries for National Real Estate Investor.

“Start-ups and rapidly growing, early stage companies, especially those in exploding new industries like robotics and artificial intelligence, are typically attracted to space that’s centrally located within a city or is near its universities. Nevertheless, city center space is finite and often expensive. While this poses a challenge for young companies that need space that fits both their needs and budget, it presents an opportunity for owners and developers with properties outside central business districts (CBDs). But in order to encourage these companies to move to urban fringe communities and beyond, property owners and developers need to know what their potential tenants might see as positive features and what they might see as pitfalls.”

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