Equitable Development

ComprehensiveApproach to Equity

Each facet of the 2022 Navy Yard Plan has been guided by a set of principles, crafted to create a new standard of equitable development. These principles directly shape a plan for a Navy Yard that is Inclusive and Welcoming, Connected and Multimodal, Vibrant and Active, Innovative and Resilient, and a place for Equitable Business Growth and Job Creation.

Equitable Development

  • 45-50% of development, construction, and operations contracts will be awarded to minority- and women-owned companies.
  • 22.5% MBE equity ownership of Ensemble/Mosaic development partnership
  • Crowdfunding opportunities targeted for local non-accredited investors

Inclusive Retail

25% of retail space will be devoted to minority- and women-owned businesses at subsidized rates

Quality, Accessible Jobs + Training Opportunities

Expanded Navy Yard Skills Initiative program to connect unemployed and under-employed Philadelphians with quality jobs at Navy Yard companies

  • $1M charitable entity – TNY Empowerment Foundation – created by Ensemble/Mosaic to invest in the professional development of minority- and women-owned firms and the minorities and women who are located in or work at the Navy Yard by providing access to education, job training, capital mentorship, and wealth creation opportunities
  • $100,000 – first donation from TNY Empowerment Foundation to the Navy Yard Skills Initiative

Affordable Housing

Bringing residential and retail to the Navy Yard with Ensemble/Mosaic’s 109-acre mixed-use development. For the first time, the public will be able to live and shop at the Navy Yard with the planned:

  • 3,900 apartment units
  • 235,000 square feet of retail and makerspace
  • 15% of apartments will be offered at affordable rates (up to 120% AMI)

Expanded Transit

Driving equity by increasing accessibility for all in and around the Navy Yard will be achieved through additional public transit options including expanded public transit, dedicated bike lanes, pedestrian-only streets and plazas, and a new gateway at Broad Street connecting Philadelphians to quality jobs, housing, and public amenities at the Navy Yard