Navy Yard's new 20-year plan seeks to create residential, retail community on the former military base
The Philadelphia Navy Yard is set to undergo a major transformation over the next two decades, as owners and investors PIDC and Ensemble/Mosaic unveiled the latest development plan on Tuesday. The $6 billion investment will build 8.9 square feet of residential, science, retail and mixed-use development, and will add up to 12,000 jobs, creating a new neighborhood on the former military base.
Source: phillyvoice.com