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Partners breaking ground at The Navy Yard Commerce Center's latest flex building

Liberty Property Trust & Synterra Partners Break Ground on a Fully Pre-Leased Flex Building in The Navy Yard Commerce Center

Liberty Property Trust, which owns and manages more than 16 million square feet of office, flex and industrial space in the Greater Philadelphia region, together with its joint venture partner Synterra Partners, broke ground on its third Class A flex building in The Navy Yard Commerce Center (and its fifth flex building at The Navy Yard). The 75,000 square foot building located at 4000 S. 26th Street is 100% pre-leased and will be home to three international tenants when it is completed this December. Read more

Apply for an EnergyWorks Loan Today!

The EnergyWorks Loan Fund provides low-cost financing to support energy efficiency retrofit projects for businesses and nonprofits in Philadelphia, Bucks, Chester, Delaware, and Montgomery counties. PIDC partners with The Reinvestment Fund and the Mayor’s Office of Sustainability to offer this innovative energy efficiency program. Read more

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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The Year in Review: A Look Back at 2013

The year 2013 was a very momentous year for The Navy Yard! We’re taking a look back on some major events and milestones of the year:

– The Navy Yard welcomed 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.  [read more]

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Mayor Nutter Announces New Energy Efficiency Firm to Establish U.S. Headquarters in Philadelphia

Mayor Michael A. Nutter announced today (January 23, 2014) that Australian energy efficiency firm Ecosave, Inc. has chosen the Philadelphia Navy Yard as the location for its U.S. headquarters. This move further cements Philadelphia’s position as America’s energy efficiency hub. The City of Philadelphia worked closely with a number of partners including the Commonwealth of Pennsylvania, Select Greater Philadelphia, and the Philadelphia Industrial Development Corporation (PIDC) to make the case that Philadelphia is the best location for an international energy efficiency firm looking to enter the U.S. market. This move is expected to create 125 jobs over the next three years.

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Liberty Property Trust/Synterra Partners breaks ground on new high performance headquarters for Franklin Square Capital Partners at 201 Rouse Blvd.

With shovels in hand and a half-dozen of their LEED(R) certified buildings as backdrop, executives from Liberty Property Trust/Synterra Partners today hosted a groundbreaking ceremony for their eighth high performance building in The Navy Yard, the new headquarters for Franklin Square Capital Partners at 201 Rouse Blvd.

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PIDC Receives Three Excellence in Economic Development Awards from the International Economic Development Council

Philadelphia Industrial Development Corporation (PIDC) receives three Gold Excellence in Economic Development Awards from the International Economic Development Council (IEDC) in the categories of Public-Private Partnerships for communities with populations greater than 500,000; Partnerships with Educational Institutions for communities with populations greater than 500,000; and Real Estate Redevelopment & Reuse for communities with populations greater than 500,000.

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Greenbuild is Coming to Philadelphia – Join Us on Tours of The Navy Yard

Join us on the road to Greenbuild! Thousands of building professionals from all over the world come together at Greenbuild, the world’s largest conference and expo dedicated to green building, for three days of outstanding education sessions, renowned speakers, a vast expo floor, green building tours, special seminars and networking events.

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Liberty Property Trust/Synterra Partners and Franklin Square Capital Partners Announce Development of an 80,050 Square Foot Office Building at The Navy Yard Corporate Center

Liberty Property Trust/Synterra Partners announced that it will develop a four-story, 80,050 square foot, Class A office building at 201 Rouse Boulevard in The Navy Yard Corporate Center for Franklin Square Capital Partners.

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Announcing a New Restaurant at The Navy Yard!

PIDC is pleased to announce that the Vetri Family will be opening a new, full-service restaurant and bar at The Navy Yard.

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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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