Tag Archives: RIDC

  • 18
    Jun 20
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Pittsburgh Business Times: Boosting Future Economic Development

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Pittsburgh Business Times article by Don Smith, President of RIDC, an AC client, can be read in full here.

The people of this region, and our future economic prosperity depend on our ability to retrain the workforce that is going to be displaced by the Covid-19 pandemic and economic disruption. We need to build a training system in the context of an overall economic vision and as part of a holistic approach to revitalizing our economy. Mobilizing large-scale workforce retraining as a boost to both workers and companies is both possible and realistic if we adequately incentivize business and local education institutions to take on the creation of demand-driven training programs.

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  • 21
    Apr 20
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AC Client Viewpoint: Stabilizing the Real Estate Market Post-COVID-19

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The president of AC client RIDC writes about how to encourage real estate development activities post-COVID-19 in an article for Pittsburgh Business Times:

As the COVID-19 pandemic continues, and a lengthy recession looks like a strong possibility, real estate development is going to grind to a halt. We can begin creating the conditions that will facilitate its re-emergence now, but it will require government and developers to work together.

Nothing local governments do today is going to counteract a global recession, but they can use this time to implement technology upgrades and create new human processes, so that when market forces turn positive, there are fewer impediments to a robust response from the private sector.

Streamlining the current building permitting process is a crucial first step to encouraging development activities post-COVID-19.

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  • 10
    Feb 20
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Pittsburgh Quarterly on Mill 19: A Magnificent Blend of Past and Future in Hazelwood

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Pittsburgh Quarterly features AC client RIDC’s hallmark redevelopment of Mill 19.

Steel-era Pittsburgh is like ancient Rome. We too could go several more centuries before restoring the old ruins to the magnificence of their original capacity, and the reconnection to the Hazelwood neighborhood itself is still a stretch that no single building can solve. The triumph here that will encourage continuing growth is that no other building could convey simultaneously the stunning collapse and the ambitious transformation quite the way this one does.

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  • 01
    Dec 19
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Heating Up? Sound Stages, Tech-Flex Buildings Pitched for the Reuse of the Carrie Furnace Site

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AC client RIDC featured in the Pittsburgh Post-Gazette for its role in proposed Pittsburgh Carrie Furnace site reuse.

The first seeds of redevelopment could be germinating at the long vacant 168-acre Carrie Furnace site in the Mon Valley.

Boston developer The Davis Companies is pitching a plan to build tech-flex buildings on one side of the Monongahela riverfront tract, while the Pittsburgh Film Office and Regional Industrial Development Corp. are working on a proposal to bring a piece of Hollywood to another part of it…

The proposal includes up to six state-of-the-art sound stages, three production support buildings, a mill building for set construction and two commissaries, according to a summary submitted to the state, which awarded a $1 million redevelopment assistance capital grant.

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