Another Firm Moving To The Navy Yard

 

DIGSAU

DIGSAU

  • Naked Philly looks at the results of Cedar Park Neighbors’ (CPN) community survey. Generally, there was agreement in bolstering Baltimore Avenue’s commercial development, as well as ensuring that businesses are better tied to the neighborhood. Yet CedarPark residents seem torn between focusing on increasing rentals or home ownership.
About the author

Stephen Currall recently received his BA in history from Arcadia University. Before beginning doctoral studies, he is pursuing his interest in local history, specifically just how Philadelphians engage their vibrant past. Besides skimming through 18th century letters, Steve is also interested in music and travel.

Send a message!



5 Comments


  1. More Nutter \”job growth\” – where existing Philadelphia businesses get special tax breaks at the Navy Yard, just to stay in the City (which they would otherwise leave for localities with lower tax burdens). So who will fill their spot at the Cira Center? A non-profit? Nobody?

  2. Lets just move Comcast and every other major employer down there. Gut center city till it is a ghost town. I guess that it is keeping businesses in the city that might have moved out. But it is leaving big holes to fill in other parts of the city. The Navy Yard should be used to bring in new businesses that are not sure if they want to be in a downtown setting.

  3. This is the epitome of the Navy Yard Planning failures. Encouraging businesses to leave the centralized, well planned areas with public transit access, for a new suburban sprawl style office park that is only accessible by car.

  4. Contrary to several of the above comments, this development represents a significant success for the city and the Navy Yard. The tenant in this case, Franklin Square Partners, is leaving a 15,000 square foot space at Cira Centre and will be leasing an entire new building of 80,050 square feet at the Navy Yard. it is true that they currently are eligible for KOIZ benefits at Cira and this will continue at 201 Rouse Boulevard. however, the significant growth of high-wage jobs being created by this firm is real as is the $25 million all private investment in the building by Liberty Property Trust. The space being vacated at Cira will quickly be relet, as trophy quality space is currently very scarce in Center City. in fact, this was one reason the firm sought a location at the Yard. Center City is not in peril. We, in fact, will likely see new high-rise office construction be announced there within the next 12 months dur to tenant demand. it is perhaps time for us to have confidence in the fact that Philadelphia and Center City have matured to the point where the city is capable of supporting multiple centers of significant economic activity. Centers which do not threaten one another, but rather, reinforce the city as a compelling location for a diverse cross section of business.

Recent Posts
Furness Church Escapes Demolition, Will Be Reused For School Space

Furness Church Escapes Demolition, Will Be Reused For School Space

January 23, 2015  |  Morning Blend

Penn professor preserves Episcopal Church of the Atonement, a remnant from the early days of the Lincoln Highway, SOSNA considered Washington Ave mixed use, and some "Vintage Vaudeville" on display at the Barnes > more

J.T. Riley Lumberyard Yields To Mixed-Use Development

J.T. Riley Lumberyard Yields To Mixed-Use Development

January 23, 2015  |  News

Big development plans are in motion for the former site of J.T. Riley Lumberyard on East Girard Avenue. A leader of the lumber industry for over a century, the recently closed location in Northern Liberties-Fishtown will soon give way to modern apartments and retail space > more

Gray Area: The Future Of

Gray Area: The Future Of “30th Street Station”

January 22, 2015  |  News

In August, the President's signature enacted a law that renamed 30th Street Station for former Congressman Bill Gray. So does that mean we should expect a blitz of Amtrak marketing announcing the change like SEPTA did with "Jefferson Station?" Not exactly, if the new sign facing Center City is any indication. Brad Maule rides the rails to find out > more

Comcast To Monopolize Office Space In Next Skyscraper

Comcast To Monopolize Office Space In Next Skyscraper

January 22, 2015  |  Morning Blend

David Cohen speaks at Union League, Francophilia in mid-nineteenth century Philadelphia architecture, chaperoned “urbexing” in the old Thaddeus Stevens school, and development delays for one South Philadelphia restaurant > more

Preservation And Contemporary Design For 36th And Walnut

Preservation And Contemporary Design For 36th And Walnut

January 21, 2015  |  Morning Blend

The Ronald O. Perelman Center for Political Science and Economics to open in three years, annual homeless census tonight, Woodford Mansion in need of stewards, and a look the Bicycle Coalition’s goals for 2020 > more

Fearing Demolition, Community Advocates Of Germantown YWCA Call For Emergency Meeting

Fearing Demolition, Community Advocates Of Germantown YWCA Call For Emergency Meeting

January 21, 2015  |  News

A proposal by Mission First Housing Group to reuse the Germantown YWCA for low-income senior housing was officially rejected yesterday by the Philadelphia Redevelopment Authority. Amid fears that the building may now be threatened with demolition, local residents will hold a public emergency meeting this Thursday night to air concerns and get more information from the developers and City officials. Hidden City co-editor Michael Bixler has the details > more