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Philly Shipyard's 29th vessel, Daniel K. Inouye, floats in the Outfitting Dock at Philly Shipyard. (Photo: Business Wire)

Philly Shipyard Christens First Aloha Class Vessel ‘Daniel K. Inouye’

Matson, Inc., a leading U.S. carrier in the Pacific, and Philly Shipyard, Inc., the wholly-owned U.S. subsidiary of Philly Shipyard ASA, christened the largest containership ever built in the United States. Read more

Indego bike share is coming to the Navy Yard this summer!

Indego Bike Share Announces Expansion to South Philadelphia

Indego bike share program announced today that it will grow this summer, adding at least eight more stations to the system. Early summer expansion will include station and bike availability at the Navy Yard with connections at AT&T Station and FDR Park. Additional stations will be installed throughout the summer to provide more dock and bike availability in high ridership areas.  Read more

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Ameresco and PIDC Celebrate Completion of 6 MW Natural Gas-fired Peaking Plant Project at the Navy Yard in Philadelphia

Ameresco, Inc., a leading energy efficiency and renewable energy company, and PIDC, Philadelphia’s public-private economic development corporation and master developer of the Navy Yard, today announced the final completion of the six megawatt (6 MW) natural gas-fired peaking plant at the Navy Yard in Philadelphia, and that the plant is now operational.

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3 Crescent Drive

Jefferson Announces Plans for Expanded Services at the Navy Yard

Jefferson Health will offer expanded services at the Navy Yard, having signed a multi-year lease agreement with Liberty Property/Synterra, a joint venture of Liberty Property Trust and Synterra Partners, for additional space to open a 70,000-plus square-foot facility at 3 Crescent Drive by early to mid-2018. Read more

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Ribbon Cut on Third Laboratory Facility for WuXi AppTec at the Navy Yard

Liberty Property Trust and PIDC  joined WuXi AppTec, Inc., a global leader in pharmaceuticals, biopharmaceuticals, and medical devices, for a ribbon cutting ceremony to open their third facility at the Navy Yard.  This new 150,000 square foot facility which, when fully operational, has the potential to accommodate an additional 200 high tech manufacturing and support jobs. Read more

CMAQ-Loop

New Federal Award to Expand Navy Yard Shuttle Service

PIDC, Philadelphia’s public-private economic development corporation, today announced it will expand its popular shuttle service at the Navy Yard, as a result of receiving funding from the Delaware Valley Regional Planning Commission (DVRPC). The $416,280 award is part of the Competitive Congestion Mitigation and Air Quality (CMAQ) Program that funds projects to improve air quality and/or reduce traffic congestion. CMAQ projects reduce emissions and help Greater Philadelphia meet federal health-based air quality standards. Read more

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Central Green Receives Three Prestigious Development and Design Awards

Liberty Property Trust and Synterra Partners (Liberty/Synterra) and PIDC today announced that Central Green, the dynamic park located in the center of The Navy Yard, has been honored with three awards, just as Liberty/Synterra’s newest building overlooking the park, 1200 Intrepid Avenue, is scheduled to come online. Read more

View of 1200 Intrepid Avenue from Corner of Intrepid Avenue and 12th Street - copyright BIG

Liberty Property Trust Pre-Leases 26,000 Square Feet to PENN CAPITAL at 1200 Intrepid Ave

Liberty Property Trust, which owns and manages more than 12 million square feet of office, flex and industrial space in the Greater Philadelphia region, today announced it has pre-leased 26,000 square feet of office space at 1200 Intrepid Avenue to Penn Capital Management Company, Inc. (PENN CAPITAL). This summer the existing Liberty tenant will relocate from Three Crescent Drive in The Navy Yard to its new, larger space, which overlooks a sustainable five-acre park, Central Green. Read more

201 Rouse Boulevard; copyright Halkin Mason Photography.

PIDC Reports Banner Year at The Navy Yard in 2015 Featuring Robust Growth and Expansion

PIDC, Philadelphia’s public-private economic development corporation, announced that The Navy Yard experienced another tremendous year of growth in 2015, adding 12 new businesses and over 500 additional employees, bringing the total counts to 152 companies and 12,000 workers. Read more

(L to R) Jeff Benjamin, COO, and Marc Vetri

URBN to Acquire The Vetri Family of Restaurants

Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle specialty retail company operating under the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, announced it has entered into an agreement to acquire substantially all The Vetri Family group of restaurants including award winning Pizzeria Vetri, and Lo Spiedo, located at Building 500 at The Navy Yard. (update: the agreement has been completed) Read more