The Navy Yard News
YARD # # # # # # # # # # # # # # # # # # # Volume 1 Issue 1
Message from PIDC
Major renovations at
It has been an exciting and
the navy Yard
busy time for The Navy Yard.
During the past year, PIDC
has welcomed nine new
tenants that have occupied
nearly 500,000 square feet of
existing buildings, and
P H Icompleted construction of the
initial building in the research
These transactions have
generated more than $35
million of investment in
buildings and infrastructure,
and maintained a high level of
NAVYleasing activity during a
YARDsluggish economy. More than
60 businesses, and 6,000
P H Iemployees, now call The Navy
Yard home. Building 10 has undergone a multi-million dollar renovation restoring
its 19th century splendor and preparing it for modern office use.
The immediate future Transformation of The Navy Yard’s office uses. PIDC assembled a team of
promises to bring more market is well underway, with a architects and engineers to conduct
tenants and activity, following concentration of office developments the transformation to Class A office
the unveiling of The Navy occurring on Broad Street.Three key space. Building 10’s exterior was
Yard Master Plan. The Master examples are the historic renovations of completely restored to its original
Plan outlines the next phase Building 10, Building 26 and Building 6. design, including windows, terracotta
of development opportunities, Combined, these projects represent details and moldings. The lobby and
comprising 525 acres of land 127,000 square feet of newly renovated vestibules were renovated to reflect
and buildings, which will guide Class A office space with an aggregate the industrial feel of the building’s
new development over the investment of more than $20 million, continued on page 2
next decade. We look that will eventually house more than
400 office workers. Building 10 — one
forward to new and exciting Contents
of the earliest ship fabricating buildings
development, making The
at The Navy Yard constructed in 1903 Major Renovations 1-2
Navy Yard an even better
— was selected for office renovation SEPTA Service 2
place to work. because of its central location on Broad Development Highlights 3
Street, size and adaptability for office Tenant List 4
Major Renovations continued
former use, retaining the existing steel structure and At the foot of Broad Street across from the Cruise Ship
remnants of the former wood shop. In addition, there was Terminal is Building 26. Once a manufacturing facility
major new construction of the interior consisting of two for submarine periscopes, Building 26 is the future
sets of stairs, restrooms on each floor and restoration of home of Barthco International — one of the largest
existing overhead cranes. Upon completion, the project privately-held logistics organizations in the United
won several prestigious awards: 2004 AIA Pennsylvania States. Barthco is in the midst of a historic restoration
Design Award, 2004 Pennsylvania Historic Preservation of the building that involves exterior restoration and
Construction Award and the 2004 Preservation complete interior modernization. The restoration
Achievement Award. Located in the Historic Core of The includes installation of modern, state-of-the-art systems
Navy Yard, Building 10 offers beautiful views of the and technology while still preserving the historic nature
Delaware River as well as free, convenient parking and tax of the building. The renovation plans have been given
advantages of the Keystone Opportunity Improvement National Park Service historic approval, allowing
Zone (KOIZ). Initial marketing efforts for Building 10 have Barthco to take advantage of historic tax credits.
been very well received. Barthco, and approximately 200 employees, will occupy
this 45,000 square foot building
this fall to house its world
headquarters and operations
Building 6 (left), once home to
the Shipyard Commander, has
been restored to its 1903
splendor by Philadelphia
developer P&A Associates. In
2002, the 35,000 square foot
building underwent a complete
interior and exterior historic
renovation approved by the
National Park Service. The
building’s conversion into a
Class A multi-tenant office
building has been well received
by the office market. Currently,
the Commandant’s Headquarters
is 85% occupied, with eight
private companies calling it
Building 6 is a prime example of a renovation that made a property marketable to office users.
Improved Bus D uring regular business hours, SEPTA now operates a special shuttle
bus (Route 71) throughout The Navy Yard, following the same route as
Service previous Route 17 bus. This shuttle bus maintains the existing route and
makes connections to SEPTA’s Broad Street Subway every 20 minutes.
to the During weekends and holidays, the 17 bus will continue to serve The Navy
Liberty Property/Synterra LP
Developing Navy Yard
Marketing Initiatives The new entrance sign (above) supports
the name change to The Navy Yard.
A fter a national search, In an effort to effectively market
the Philadelphia Naval Business
research among the real estate
community and selected Navy
PIDC selected Liberty Center and implement the Yard tenants indicates that it
recommendations and initiatives enables marketing efforts to refer
Property /Synterra LP to identified in the Master Plan, the to the past and, at the
develop The Navy Yard Philadelphia Naval Business same time, look
Center name and logo have been forward to what the
Corporate Center, changed. The new name: The site will become.
Navy Yard - Philadelphia. While NAVY NAVY
approximately 70 acres of
the new name essentially returns YARD YARD
land east of Broad Street. the property to its original name, PHILADELPHIA PHILADELPHIA
The Navy Yard Master Plan
identifies a series of new mid- What’s New
rise office buildings within the
The first new research and development facility at The Navy Yard is
Corporate Center to be home to AppTec Laboratory Services. The $20 million, 75,000 YARD
Services square foot facility is the first building within The Navy Yard D E L P H I A
developed over the course of PHILADELPHIA
Research and Technology Park, and will house 200 AppTec
the next decade, totaling
Capital During the summer, several major construction projects will take
more than one million square
Improvements place. Flagship Drive, located between Broad and 13th Streets, is
feet of Class A office space. under construction which involves realigning the roadway and
Underway adding new pedestrian sidewalks, landscaping and street lighting.
The first building — One The entrance to The Navy Yard will also undergo a transformation,
with a new three-acre plaza, roadHrealignments, pedestrian
Crescent Drive —which will sidewalks, lighting and utility upgrades. PHILADELPHIA
comprise 75,000 square feet Navy Yard In the past year,The Navy Yard hosted several big-time, and small-
Hollywood time, film and television producers. The Greater Philadelphia Film
of Class A office space, will be Office has assisted PIDC in luring Hollywood film studios to use
located adjacent to the Broad converted Navy buildings for sound stages, set design and
production. This past year,The Navy Yard welcomed The Woodsman,
Street entrance within the starring Kevin Bacon; The Village, M. Night Shyamalan’s next film
starring Joaquin Phoenix; and the closing chase scene for the CBS
Keystone Opportunity Series “Hack” was filmed on site.
Improvement Zone. Demolition And lots of it. During the past three years, PIDC has demolished
many of the old, obsolete buildings that PIDC inherited from the
Navy. The majority of the demolition has occurred in the
Corporate Center and Historic District, and will permit the
development of new buildings and redevelopment of the existing,
historic buildings. All told, more than 1.5 million square feet of
buildings have been demolished to make way for new development.
The Navy Yard Businesses
Advanced Engineering & Research Associates, Inc. Metro Machine of Pennsylvania, Inc.
Alstom, USA, Inc. Menasha Packaging Company, LLC
Anteon Corporation Moran Towing of Pennsylvania
Aphton Corporation Mothers Work, Inc.
AppTec Laboratory Services Nason Construction, Inc.
Biomechanics, Inc. NAVMAR Applied Sciences Corp.
Cinergy Solutions of Philadelphia, LLC Newark Special Technology, Inc.
Collegiate Consortium for Workforce and Northrop Grumman Systems Corp.
Economic Development P&A Associates
Canadian Pacific Railway Pennsylvania Horticultural Society
Changing World Technologies Philadelphia Industrial Development Corp.
Chapel of the Four Chaplains Philadelphia Shipyard Development Corp.
Covington Woods Pictures, Inc. Philadelphia Workforce Development Corp.
Cushman and Wakefield of PA, Inc. Port of Philadelphia & Camden
Del-San Environmental, Inc. Potomac Navy Yard, LLC
DiNic’s of Snyder Ave., Inc. Prime Plate Enterprises, Inc.
Excel Welding Printcrafters, Inc.
Geo-Centers, Inc. Quaker Electrical & Mechanical Contractors, Inc.
George G. Sharpe, Inc. Rhoads Industries
Gibbs & Cox, Inc. River Associates
Int’l. Institute of Forensic Science Rotem Company
Jamie Record Company Sautter’s Café
John J. McMullen Associates, Inc. Securitas Security Services USA, Inc.
Johnson Machinery Company, Inc. Stonehenge Advisors, Inc.
Kvaerner Philadelphia Shipyard, Inc. Thackray Crane Rental, Inc.
Landmar Enterprises, Inc. U.S. Dept. of Agriculture
Life Cycle Engineering U.S. Navy
Living Naturally, LLC VITETTA
McAllister Towing of Philadelphia, Inc. WHYY, Inc.
MetroKids Publications Wilmington Steel Processing Co.
NAVY NAVY Philadelphia Industrial Development Corporation
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