Life Sciences

The Navy Yard is uniquely suited to attract and support life sciences both locally and internationally.

What sets the Navy Yard apart?


  • Proximity to the innovation and talent pool in University City and the surrounding region, the Navy Yard is an alluring option for companies that have outgrown their space in urban submarkets but are still looking to leverage the nearby innovation and talent pool
  • Easy access to Philadelphia International Airport
  • Access to major highways
  • Strategically located at the heart of the Northeast Corridor of the United States, it’s the second-largest city on the East Coast and a leader in developing and attracting top talent, with a regional workforce of 3 million
  • As one of the city’s top employment centers, the Navy Yard is directly connected to the talent, education, art, culture, science, entertainment, food, and history that makes Philadelphia so desirable

Greater Philadelphia Region

Established Life Sciences Hub

  • The Navy Yard is home to five advanced life sciences companies with lab, CGMP, & CDMO facilities
    • Adaptimmune
    • Coriell Life Sciences
    • Iovance Biotherapeutics
    • VintaBio
    • WuXi
  • 980K SF of life sciences space
  • Two new, tenant-ready  state-of-the-art facilities

Life Sciences in the Navy Yard Plan

  • The 2022 Navy Yard Plan focuses on creating best-in-class spaces for the burgeoning life sciences economy
  • 1.5M sf of planned life science manufacturing
  • 2.8M sf of planned office and lab space
  • 50-acre planned life sciences community in the Greenway District, which provides an unparalleled opportunity in Philadelphia for large-footprint commercial development attractive to life science and advanced manufacturing users
  • Plan supports Philadelphia’s rapidly growing life sciences sector, with large floorplate, one to three story building opportunities suitable for a flexible array of uses including life sciences, R&D, commercialization, and advanced manufacturing

Navy Yard Plan

Cutting-Edge Workforce Training Program

  • Working directly with Navy Yard employers, NYSI enables businesses to hire local talent that can meet their demands and fill valuable positions
  • NYSI looks to coordinate services to address recruitment and retention challenges for entry-level and hard-to-fill positions, creating customized solutions for these hiring needs
  • The first-of-its-kind training program with Iovance Therapeutics won the BioBuzz Workforce Champion of the Year Award in 2022

Learn More About the Program

Dedicated Power Grid

  • The Navy Yard is powered by a 44-megawatt unregulated electric grid, which makes it one of the largest unregulated electric distribution systems on the East Coast
  • This makes it an ideal setting for smart grid research and for demonstrating and deploying energy-efficient technologies, energy generation and storage, and microgrid controls and distribution

Powerful Tax Incentives

Choosing the Navy Yard for your business makes financing opportunities and tax incentives available to qualified companies. PIDC, Philadelphia’s public-private economic development corporation and the Navy Yard’s master developer, works with the City of Philadelphia, the Chamber of Commerce for Greater Philadelphia, the Commonwealth of Pennsylvania, and others to develop and promote a comprehensive set of economic development tools and incentives, ranging from workforce training and recruiting support to streamlined permitting and planning processes

Financing & Incentive