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Member Perspectives: Karen Fegely & Anne Bovaird Nevins

Posted Wednesday, February 8th, 2017

Member News, Economy, Member Spotlight

Guest Commentators: Karen Fegely, Deputy Director, Philadelphia Department of Commerce @PHLCommerce & Anne Bovaird Nevins, Senior Vice President, Marketing & Business Development, PIDC @PIDCphila

Describe the partnership behind the Resources for Neighborhood Development initiative between PIDC and Philadelphia Commerce Department, as well as the importance and impact of investing in the city’s neighborhoods.

PIDC and the Philadelphia Department of Commerce share a passion for and commitment to revitalizing and developing Philadelphia’s neighborhoods. This passion sparked a partnership in the Resources for Neighborhood Development outreach initiative led by Karen Fegely, Deputy Commerce Director for Neighborhood Business Services and Anne Nevins, Senior Vice President Marketing and Business Development at PIDC. Realizing that identifying, planning, financing, and building even a small-scale development can involve several different City departments and related organizations; there was an evident need to get out into Philadelphia’s communities and help people better understand the process and the resources available to assist in getting projects done.

The key message is the City of Philadelphia and its economic development partners have a number of resources to help at every stage and in every neighborhood of our city. In an effort to streamline the development process, Philadelphia Department of Commerce and PIDC are hosting a series of Resources for Neighborhood Development sessions in communities across the city. The goal is to connect neighborhood-based developers, Community Development Corporations, Business Associations, and business owners with the tools to make their project a success. By providing access to these resources and networks, organizations and individuals are able to complete projects that energize neighborhoods, create jobs, and eliminate blight.

Three earlier sessions hosted at Beech Interplex, The Enterprise Center, and Impact Services have drawn more than 120 participants and received overwhelmingly positive feedback. Attendees were able to network with other fellow developers and ask questions to an industry expert panel comprised of the City’s Development Services, Philadelphia Redevelopment Authority, Philadelphia City Planning Commission, Philadelphia Land Bank, and the Division of Housing and Community Development as well as Commerce and PIDC.

In addition to these resource sessions, the team created a guide on developing property in Philadelphia. This quick guide was designed to point you in the right direction to get started on your project.

The Department of Commerce and PIDC continue to support investment projects that drive growth, investment, and services to neighborhoods throughout the city. PIDC also recently started to pilot a new Neighborhood Development Loan to provide affordable financing to fill funding gaps for developers of mixed-use, commercial, and industrial projects located throughout Philadelphia’s neighborhoods.

To be included on future Resources for Neighborhood Development sessions contact info@pidcphila.com.

If you are interested in learning more about the work around Philadelphia’s communities from the Chamber’s Roadmap for Growth Action Team or getting involved as an Action Team member, please contact Kate Hagedorn. Members of the Roadmap for Growth Action Team have the opportunity to work on issues impacting surrounding neighborhoods, business, and civic communities in Philadelphia.

Learn more about the the work the Roadmap for Growth outlined in the Chamber’s “Roadmap for Growth: A Vision for the City of Philadelphia” infographic.

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