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
Temple To Get Its Boathouse Back By Next Summer

Temple To Get Its Boathouse Back By Next Summer

July 31, 2015  |  Morning Blend

Ground broken on Temple boathouse restoration, distillery to release Philadelphia-inspired gin, apartments beneath Manayunk’s elevated tracks, West Philly trolley tunnel closed for repairs, and the Independence Visitor Center reaches milestone > more

Initial Concepts For A Revamped Headhouse Square Revealed

Initial Concepts For A Revamped Headhouse Square Revealed

July 30, 2015  |  Morning Blend

A gateway planned for the Headhouse Shambles, Feibush still with more fight in him for 20th and Wharton proposal, fishing and the city, and crafting some of the world’s best guitars in Fishtown > more

A Spirited Quest: On The Trail Of Philadelphia's Distilleries

A Spirited Quest: On The Trail Of Philadelphia’s Distilleries

July 30, 2015  |  Behind the Facade

Craft beer may flow in Philadelphia's 21st century veins, but liquor manufacturing has a long, spirited history here. Nic Esposito gives a toast to the city's past, present, and future of distilling > more

Divine Lorraine Gets Go-Ahead From Architecture Committee

Divine Lorraine Gets Go-Ahead From Architecture Committee

July 29, 2015  |  Morning Blend

Blumenfeld gets design approval for Divine Lorraine reuse, reduced NIMBYism in Chestnut Hill, “toughest stretch” yet of Schuylkill River Trail opens, and ZBA stays true to height limits in Fishtown > more

The Devil Is The Detail

The Devil Is The Detail

July 29, 2015  |  Vantage

"Notorious" Devil's Pool? The most beloved place in the Wissahickon may suffer abuse and indignity every summer, but they are no match for its beauty and physiologic significance. Brad Maule defends the natural landmark > more

City’s Oldest Active Fire Hall Designated Historic

City’s Oldest Active Fire Hall Designated Historic

July 28, 2015  |  Morning Blend

Two of John T. Windrim’s buildings being preserved, an urban garden in Chinatown North, and learning another language through a mural > more