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.

E-mail him at: smcurrall[at]gmail[dot]com



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
A Monumental Shift At Dilworth Park

A Monumental Shift At Dilworth Park

October 24, 2014  |  Vantage

Olin's design for Dilworth Park gives Philadelphia what it has long struggled for: a suitably grand approach to the monumental City Hall, says Hidden City co-editor Nathaniel Popkin. Here's his review of the park, now essentially complete > more

Kenney To Hist Commission: Put Buildings On Register, Get More Funding

Kenney To Hist Commission: Put Buildings On Register, Get More Funding

October 24, 2014  |  Morning Blend

Firm would simply recoup money through ads, Councilman Kenney wants to bolster Historical Commission, Councilman Henon undaunted by Planning Commission’s non-recommendation for Mayfair overlay, and Guinn hard at work on latest mural > more

Bill Seeks To Preempt Tragedy With Better Data For Firefighters

Bill Seeks To Preempt Tragedy With Better Data For Firefighters

October 23, 2014  |  Morning Blend

Blueprint reconnaissance for firefighter safety, improvements to the Burk Mansion, City Council considers beautification of vacant land by former convicts, and more inaction on PGW sale > more

Why The Flying Saucer Deserves Your LOVE

Why The Flying Saucer Deserves Your LOVE

October 22, 2014  |  Morning Blend

Preservation Alliance calls iconic LOVE Park building a “place to save,” zoning changes introduced for parts of North Philly, another firm for the Navy Yard, and a sinking pharmacy in South Philly > more

The Missing Namesake Of North Philly's Lost Necropolis

The Missing Namesake Of North Philly’s Lost Necropolis

October 21, 2014  |  Harry K's Encyclopedia

Next up in our Halloween cemetery series: Harry K hits the tomes looking for the missing obelisk of Monument Cemetery. Is it sitting in a gravestone dumping ground at the foot of the Betsy Ross Bridge? Its fate may be forever unknown > more

Of Birds And Drinking Water

Of Birds And Drinking Water

October 21, 2014  |  Morning Blend

Inside the East Park Reservoir, Temple students adopting blocks, UCD to start early on 40th Street plaza, and Jewish life gets a boost at Penn > more