PIDC, Philadelphia’s public-private economic development corporation, announced that it is under agreement with Ensemble Real Estate Investments for the purchase, renovation, and expansion of a former barracks complex into the Navy Yard’s second hotel, which would complement and enhance the ongoing public and private investments at the Navy Yard.
With miles of riverfront access and over 20 acres of world-class open space, we are home to over 50+ events, races, festivals, activities, and performances. June welcomes the return of the Navy Yard Craft Beer Summer Sampling, the #IceBoxChallenge, Navy Yard Al Fresco, and much more!
On May 23, 1943, the USS New Jersey was commissioned into the United State Navy at the Philadelphia Navy Yard. The New Jersey is the longest, fastest, most decorated battleship in U.S. history. The only ship to have served in World War II, Korean War, Vietnam War, and Persian Gulf War. She was first commissioned here at the Navy Yard in 1943 and last decommissioned in 1991. In 2002, New Jersey opened as a museum on the Camden, New Jersey waterfront.
Mural Arts Philadelphia and PIDC continue to unveil new public art at the Navy Yard, this time with Philadelphia-based artist Miriam Singer. Singer, a Philadelphia-based artist who frequently collaborates with Mural Arts, has created a new, colorful look for the Navy Yard. This design has been applied as an exterior wrap on the Navy Yard Transit’s fleet of buses, which service Navy Yard employees and visitors to Center City and AT&T Station. Read More
Governor Tom Wolf and PennDOT Secretary Leslie S. Richards recently announced the approval of funding for 82 projects, including eight in Philadelphia, to improve transportation alternatives and enhance mobility and public accessibility across the commonwealth.
MALVERN, Pa., May 08, 2018 (GLOBE NEWSWIRE) — Liberty Property Trust (NYSE:LPT), today announced that it has sold Five Crescent Drive, a 207,779 square foot office building at the Philadelphia Navy Yard for $130.5 million. The LEED® Platinum property is currently leased to GSK. The property was purchased by an affiliate of Korea Investment Management Co., Ltd (KIM) as advised by Coretrust Capital Partners, LLC.