[CPEO-MEF] REUSE: Mixed-use development in the Philadelphia Navy Yard, " PA

[Lenny Siegel]

New mixed-use development in Navy Yard targets 2025 opening

By Racquel Williams
KYW Newsradio (Philadelphia, PA)
October 24, 2023 

A Tuesday groundbreaking heralded the start of construction on a new mixed-use development in the Philadelphia Navy Yard, which is expected to open in 2025.

The $285 million dollar complex, called AVE Navy Yard, will provide the first residential offering on the campus since the base closure in 1996. It’s developed through a partnership between Ensemble Investments LLC, Mosaic Development Partners and Korman Communities.

The complex will offer more than 75,000 ft. of private indoor and outdoor amenities and retail spaces across two buildings, including 614 residential apartments. Brian Cohen, managing director at Ensemble, says they’re looking at the 15,000 people who work at the Navy Yard already.

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For the entire article, see
https://www.audacy.com/kywnewsradio/news/local/mixed-use-development-navy-yard-2025-opening

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Lenny Siegel
Executive Director
Center for Public Environmental Oversight
A project of the Pacific Studies Center
LSiegel at cpeo.org
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650-961-8918
http://www.cpeo.org
Author: DISTURBING THE WAR: The Inside Story of the Movement to Get Stanford University out of Southeast Asia - 1965–1975 (See http://a3mreunion.org)