The Navy Yard continued to build on its momentum in 2025, attracting investment, supporting business growth, and creating opportunities for thousands of Philadelphians. The campus welcomed 10 new businesses and supported six expanding companies, reinforcing its role as a hub for innovation and growth. As PIDC celebrated 25 years of leading the Navy Yard’s transformation,
This spring, leaders from the PIDC Navy Yard team joined two industry events that brought together leaders from across Greater Philadelphia to discuss the forces shaping the region’s economy. Across both conversations, they shared a perspective informed by the Navy Yard’s continued growth as a major employment center and hub for investment. In May, nearly
In recent weeks, the Navy Yard has welcomed a steady stream of industry leaders, government officials, and organizations interested in the projects, infrastructure, and investments shaping its future. The shipyard has also attracted significant attention. New Jersey Senator Andy Kim joined industry representatives and the Philadelphia Inquirer for a tour of Hanwha Philly Shipyard, where
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
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
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
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
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
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
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