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PIDC Reports the Highest Single Year’s Growth at The Navy Yard in 2013, Building Momentum for 2014

More new businesses and amenities were added to The Navy Yard in 2013 than in any prior year

PIDC, Philadelphia’s citywide economic development corporation, announced that The Navy Yard added 22 new companies in 2013, making it the highest single year’s growth since the conversion from a closed naval base to a mixed-use business campus. The rise brings the total number working at The Navy Yard to more than 11,000 employees and 143 companies.

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Navy Yard

The Navy Yard is considered the most successful redevelopment of a former military facility in the country and today is a growing community where companies and their employees thrive. Future growth will support up to 10 million square feet of commercial and residential development.

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