where history Meets the Future
The Navy Yard is one of the most successful redevelopment projects in US history and today is a thriving riverfront community in South Philadelphia. With more than 16k employees + 150 companies + 20 acres of parks, dining options, public art, and a variety of outdoor events, there’s always a reason to visit the Navy Yard!
Learn MoreCreating Quality Jobs
Explore the latest news and updates from the Navy Yard — home to 150 companies and more than 16,500 employees. As we look ahead to the future, the Navy Yard is poised for transformative growth, with plans for 12,000 new jobs, 8.9 million square feet of mixed-use development, and $6 billion in new investment.
Learn moreJoin our Community
Big or small, global or startup, the Navy Yard is a community where people and companies live and work side by side in a setting that’s flexible, customizable, and often unconventional. Explore what it means to make the Navy Yard your home and workplace on our vibrant waterfront campus.
Join us!transitSEPTA is coming to the Navy Yard
Starting August 2026, SEPTA Bus Route 45 will provide service to the Navy Yard. Buses will be expected to operate daily at approximately 20-minute intervals, restoring a seven-day-a-week transit connection between Center City and the Navy Yard for the first time in a decade.
Read MoreeventsThird Thursdays: A New Outdoor Event Series
Beginning this May and continuing through October, we’ll be transforming our new Chapel Plaza into a lively outdoor gathering space on the third Thursday of every month from 4-7 PM. Think warm evenings, great food, live music, and the kind of relaxed atmosphere that makes you want to linger a little longer.
Learn MoreFeatured Company Meet Our Featured Company: Dominion Energy
Dominion Energy, Inc. is a major U.S. utility company, providing electricity and natural gas to roughly 3.6 million customers. It focuses on regulated power generation (nuclear, solar, wind) and infrastructure.
$2.8B
public & private investment
1,200
acre-campus
$8B
investment at full build-out
Skills Initiative
PIDC’s Skills Initiative at the Navy Yard creates training programs that connect talented Philadelphia residents to permanent employment with Navy Yard employers.
Learn MoreContracts & RFQ/RFPs
Do business with PIDC! Find the latest real estate and development opportunities as well as vendor and service contracts for PIDC, PAID, and The Navy Yard.
Learn Morecatch up on recent newsThe Yard BLOG
May 29, 2026
PIDC Welcomes SEPTA Approval of Bus Route 45 Expansion to the Navy Yard
New transit connection expected to launch in August 2026 with daily service, expanding access for employees, residents, and visitors to the historic Philadelphia community PIDC, Philadelphia’s public-private economic development corporation and master developer and operator of the Navy Yard, today welcomed Southeastern Pennsylvania Transportation Authority (SEPTA)’s recent approval of the extension of the 45 bus
Read MoreMay 27, 2026
Event Recap: Third Thursdays
Chapel Plaza came alive on Thursday, May 21, as community members, residents, employees, and visitors gathered for the launch of Third Thursdays, a new event series designed to bring people together through food, music, and local experiences. Despite the rain, the inaugural event, held from 4 p.m. to 7 p.m., transformed the open retail space
Read MoreMay 26, 2026
FIFA World Cup May Update
We are now less than one month away from the first World Cup match in Philadelphia! The Navy Yard/PIDC team continues to work closely with City officials, PennDOT, SEPTA, and public safety partners to help ensure continued access for businesses, employees, critical users, and residents of the Navy Yard throughout the tournament period. Below you
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