RIDC Annual Report 2014

Page 20

RIDC ACCOMPLISHES MISSION

In 2014, RIDC sold two of its high-tech urban office buildings this year:

• The Collaborative Innovation Center (CIC) was acquired by Carnegie Mellon

University in October. The CIC was a collaborative project between the RIDC and Carnegie Mellon, along with the Commonwealth of PA and the Urban Redevelopment Authority to create a landing pad for university-related technology companies in the region. The 127,794 square foot dry-lab research building became home to several nationally known technology companies, including Google, Disney, Apple, and Intel. • The 2000 Technology Drive Pittsburgh Technology Center (PTC) – one of the first brownfield redevelopment projects in the State. Site remediation and infrastructure started in the late 1980s, with three buildings constructed in the early 1990s by University of Pittsburgh, Carnegie Mellon University and RIDC. In 1997, RIDC built 2000 Technology Drive. University-community partnerships to support the growth of corporate and university collaborations were a key driver in the redevelopment of the PTC and the revitalization of the Pittsburgh regional economy. The PTC development not only served as proof that brownfield developments were possible, but also that Pittsburgh could embrace and thrive in a new economy.

18 Regional Industrial Development Corporation


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