News
February 10, 2026
Why More Businesses & Residents Are Choosing the Navy Yard in Philadelphia
The Navy Yard is more than just a place to live or work—it’s a community built with the future of Philadelphia in mind. Located along the Delaware River and just minutes from Center City, the Navy Yard brings together innovation, opportunity, and everyday quality of life in a vibrant waterfront setting. Whether you’re looking for
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June 17, 2025
Job Growth, Progress, & Partnerships at the Navy Yard: PIDC’s 2024 Annual Review
PIDC, in collaboration with development partner Ensemble/Mosaic, took major steps in 2024 to advance its bold vision for the future of the Navy Yard. From breaking ground on new residential buildings, to welcoming new companies such as BioMerieux and Comcast, to celebrating major infrastructure upgrades, the year was filled with meaningful progress. Today, the Navy
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May 8, 2025
Commonwealth Invests $30 Million in Navy Yard’s Next Chapter of Growth
The Navy Yard will take a major leap forward in its ambitious redevelopment plan, thanks to a $30 million investment from the Commonwealth of Pennsylvania — the largest award given in the inaugural round of the state’s new PA SITES program. The grant will accelerate development of the Greenway District, paving the way for up
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December 23, 2024
Looking Back at 2024 at the Navy Yard
Catch up on news you may have missed! As a new year begins, the Navy Yard is reflecting on the past year’s successes and milestones. PIDC, Philadelphia’s economic development corporation, continues to invest in making the Navy Yard a thriving business campus, innovation hub, and community space. Take a look at some of the biggest
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December 5, 2024
PIDC Receives $1.6 Million for Lift Bridge Repairs
The Navy Yard Lift Bridge will soon get a facelift! PIDC (on behalf of Philadelphia Authority for Industrial Development) has been awarded $1.6 million through the Community Project Funding program to upgrade the 26th Street Lift Bridge. The grant will support design for long-term rehabilitation for the aging infrastructure, enhancing critical access to the Navy
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September 18, 2024
The Navy Yard named a “Great Place in Pennsylvania”
The Navy Yard is adding to its collection of awards with its recent recognition as a “Great Place in Pennsylvania” by the Pennsylvania Chapter of the American Planning Association (APA-PA)! The Navy Yard was honored in the “Great Transformations” category for its successful planning efforts that build healthy and vibrant communities throughout the Commonwealth and
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March 28, 2024
International Business Leaders Visit Navy Yard
A group of trade and investment representatives from more than 20 different countries wrapped up a statewide tour across Pennsylvania with a visit to the Navy Yard on March 22. The statewide tour was done in a partnership with The Philadelphia Department of Commerce and Pennsylvania’s Department of Community and Economic Development’s Office of International
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January 31, 2024
The Navy Yard Welcomes Delegation of Leaders from Europe
A delegation of more than 20 young leaders from countries across Europe visited the Navy Yard on January 30 as part of a larger visit to the U.S. through a State Department program to understand political, social, and economic issues in the U.S. During the visit, Navy Yard leadership briefed the group on the history
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January 16, 2024
Award-Winning Biotech Training Program to Begin Recruitment with New Employer Partner in Life Sciences
The Wistar Institute, West Philadelphia Skills Initiative, PIDC, and The Chamber of Commerce for Greater Philadelphia Announce VintaBio as New Employer Partner The West Philadelphia Skills Initiative and The Wistar Institute are collaborating once again with support from the Philadelphia Industrial Development Corporation and the Chamber of Commerce for Greater Philadelphia to bring their award-winning
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January 4, 2024
Broad Street to Reopen to Traffic Beginning January 8, 2024
Beginning January 8, 2024, Broad St. will be reopening to traffic after nearly 18 months of construction and critical improvements! The improvements on this 734-foot section of Broad St. (between Crescent Dr. and Intrepid Ave., known as the quay wall) will help ensure the safety and increase accessibility to the Navy Yard for the more
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November 3, 2023
Navy Yard Welcomes New Utility General Manager
We are pleased to welcome Scott Dever as the new general manager for the Navy Yard electric utility. Dever is taking over for Rudy Terry who served in that role for the past 12.5 years. Dever comes to the Navy Yard with a wealth of diverse utility management experience, including 30 years at the Philadelphia
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October 24, 2023
Groundbreaking on First Residential Buildings at Navy Yard
Ensemble/Mosaic and Korman Communities Break Ground on the First Private Residential Buildings at the Philadelphia Navy Yard $285M Mixed Use Development to Open in 2025 with a Variety of Apartment Options and Extensive Amenities and Retail Release and photo courtesy of Ensemble/Mosaic – Renderings of AVE Navy Yard can be found HERE PHILADELPHIA –
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October 19, 2023
Ensemble/Mosaic Secures Minority-Led Capital for First Navy Yard Residential Project
Ensemble/Mosaic Continues to Deliver on Its Unprecedented DEI Strategy as it Secures Minority-Led Capital through Basis Investment Group for the First Residential Project at Philadelphia Navy Yard. Basis Investment Group Leads $100M+ Equity, Representing Minority-Led Involvement at Every Level of the Project
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August 14, 2023
Award-Winning Biotech Training Program to Begin Second Recruitment
Award-Winning Biotech Training Program to Begin Second Recruitment to Connect Philadelphians with Quality Jobs in the Region’s Rapidly Growing Life Sciences Sector The Wistar Institute, the West Philadelphia Skills Initiative, Iovance Biotherapeutics, PIDC, and The Chamber of Commerce for Greater Philadelphia Launch Second Recruitment for the Award-Winning Program on August 22 Partners in Greater Philadelphia’s
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June 13, 2023
Navy Yard Welcomes New General Manager
We are pleased to welcome Lucy Bitton as the new Navy Yard general manager. Bitton is taking over for Poe Leggette, who served in that role for the past 11 years and is moving into a new, expanded role with CBRE (PIDC contracts with CBRE to run daily campus operations at the Navy Yard). “Our
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