PIDC Announces Philadelphia Navy Yard Development Partner Shortlist
PIDC, Philadelphia’s public-private economic development corporation, received over 35 responses to the request for qualifications (RFQ) issued last fall for development of 109 acres at the Philadelphia Navy Yard. This opportunity comprises the next stage of development at the Navy Yard, focused on bringing expanded life sciences R&D and production, corporate headquarters, office and commercial, retail and restaurant amenities, and for the first time, mixed-use residential buildings, to the Navy Yard’s Historic Core and Mustin Districts. From the diverse mix of experienced local and national developers who responded, PIDC has created a shortlist of highly attractive prospective partners who have been invited to submit detailed proposals in a request for proposal (RFP) stage, with final selection of a partner to be made later this year. Read more