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.

Leave a Reply

Comment moderation is enabled, no need to resubmit any comments posted.

Recent Posts
In Belmont, The Making Of A

In Belmont, The Making Of A “City Of Villas”

January 20, 2017  |  Vantage

Contributor Joshua Bevan takes us on an architectural tour of Belmont, where the origins and growth of the neighborhood can still be read in its distinctive homes > more

Shaping A New Urban Crossroads At 33rd And Chestnut

Shaping A New Urban Crossroads At 33rd And Chestnut

January 18, 2017  |  Vantage

Contributor Ann de Forest stands at the confluence of Penn and Drexel's campuses where a once listless intersection is being redefined with energy, connectivity, and strategic design > more

The Best Seats In The City, Ban Be Damned

The Best Seats In The City, Ban Be Damned

January 16, 2017  |  Buzz

Last week Friends of Rittenhouse Square and PPR announced a ban from sitting on the interior walls of the park. Two days later Mayor Jim Kenney reversed the rule. We take a look at life along the balustrades in these old photos > more

Capturing The Ghosts Of Demolition

Capturing The Ghosts Of Demolition

January 13, 2017  |  Last Light

The demolition composites of photographer Andrew Evans beguile the eye with ghostly images of a city passing through time. Evans presents his newest additions to the series and explains his process with this photo essay > more

Pencoyd Bridge Reopens In Manayunk, As Redevelopment Of Foundry Site Begins

Pencoyd Bridge Reopens In Manayunk, As Redevelopment Of Foundry Site Begins

January 11, 2017  |  Vantage

The deserted industrial site of Pencoyd Iron Works is next on a growing list of riverside redevelopment along the Schuylkill. Contributor Mick Ricereto takes us deep inside the history of the family-owned foundry and farmland that dates back to the city's founding > more

Urban Fantasy: The Carousel Maker Of Broad & Erie

Urban Fantasy: The Carousel Maker Of Broad & Erie

January 10, 2017  |  The Shadow Knows

Traditional carousel design may have roots in Europe, but "Philadelphia Style" took the amusement ride to a whole new level. The Shadow takes a stroll down Germantown Avenue where the G.A. Dentzel Carousel Company became the gold standard in animal kingdom merry-go-rounds > more