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
Archdiocese Reaches Agreement Of Sale For Historic Fishtown Church

Archdiocese Reaches Agreement Of Sale For Historic Fishtown Church

February 12, 2016  |  Morning Blend

Apartments coming to St. Laurentius, to previewing the NCC’s latest exhibit, watch group to patrol Schuylkill River Trail, a Navy Yard jobs update, and exploring an abandoned warehouse in the Northeast > more

Fishtown Residents Push Back Against Planned Church Demolition

Fishtown Residents Push Back Against Planned Church Demolition

February 11, 2016  |  News

Can the former East Montgomery Avenue Methodist Episcopal Church, for years a hub for artists and the community, be saved? Ryan Briggs reports > more

Parks & Rec To Activate Spaces With Mobile Bar & Garden Program

Parks & Rec To Activate Spaces With Mobile Bar & Garden Program

February 11, 2016  |  Morning Blend

Parks & Rec to get in the beer garden game, Mt. Airy residents to miss Lovett Memorial Library during renovations, Tacony-Disston nominated to National Historic Register, and the School District finds temporary space for Science Leadership Academy in Drexel building > more

Fabric Row Clothed In Light

Fabric Row Clothed In Light

February 10, 2016  |  Morning Blend

Fabric Row gets new street lighting, affordable housing set for Point Breeze, North Philly museum provides setting for short film, and Dranoff gets an assist from Squilla > more

The Life And Death Of Callowhill

The Life And Death Of Callowhill

February 10, 2016  |  Harry K's Encyclopedia

Callowhill Street is now a two-way from 2nd Street to Columbus Boulevard, changing the one-way east-heading regulation that has been in place since I-95 was built. Harry K connects the new ordinance with the salty history and sad ending of the surrounding neighborhood > more

Water Taxiing To The Navy Yard?

Water Taxiing To The Navy Yard?

February 9, 2016  |  Morning Blend

A plan for water taxing to the Navy Yard, The Gallery redevelopment delayed once more, PennDOT to reconfigure Franklin Institute’s Winter Street, SEPTA looking to increase El capacity, and more scenes of Philly in the snow > more