Philadelphia Navy Yard Growing Rapidly
Philadelphia Navy Yard
The Philadelphia Navy Yard is a 1,200 acre, dynamic waterfront development offering the Philadelphia region a unique and centrally-located environment with over 120 companies and 8,500 employees. The Philadelphia Navy Yard is located just behind the Packer Park area.
Diverse architectural styles – everything from new office complexes, huge industrial and distribution facilities, state-of-the-art research laboratories, and historic buildings on quaint tree-lined streets – and an uncompromising commitment to sustainability, combine to create a singular, campus-like atmosphere.
Several of the existing companies are expanding in the Philadelphia Navy Yard. One being Urban Outfitters, which has just started construction on 2 of the larger existing structures. This may not be the best time to mention, but on a better note, Penn State University has also just expanded their mini-campus. The new construction of the GlaxoSmithKline Building is on schedule for their projected date to move from Center City Philadelphia. Thomas Jefferson Hospital also recently took a 12 Million dollar plunge at the Philadelphia Navy Yard.
A new Marriott-brand hotel is headed to the Philadelphia Navy Yard, the latest in a string of recent developments and expansions planned for the complex. An agreement has been reached to develop the first Philadelphia Navy Yard hotel. A new 168-room “Courtyard by Marriott” is planned for the Navy Yard Corporate Center. Groundbreaking will take place soon and the hotel is expected to open in 2013. Hopefully this rapid growth continues. The Philadelphia Navy Yard is such a great space and so accessible to WWB, I95 & 76W.
By Michael Angelina
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