The Navy Yard News
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BIO 2005 Lands at The Navy Yard
The Navy Yard Receives KIZ
The state of Pennsylvania in March approved
plans to create a Keystone Innovation Zone
(KIZ) at The Navy Yard for the pursuit of
economic development, workforce training,
and job creation related to the engineering
and life sciences.The Navy Yard KIZ is led by a
partnership between Penn State University, the
U.S. Navy, Ben Franklin Technology Partners of
Southeastern Pennsylvania, the Philadelphia
Department of Commerce, and PIDC.The
partnership is advised and supported by
There has been a lot of buzz Synterra Partners for a
Drexel University, the Collegiate Consortium
for Workforce and Economic Development, surrounding the Biotechnology coordinated marketing effort
Innovation Philadelphia, BioAdvance, the Industry Organization's (BIO) return to related to the event. As an official
University City Science Center and 15 other Philadelphia in June — and for good Collaborating Partner,The Navy
local and regional corporations and academic reason. When the event was last held Yard will occupy a featured exhibit
institutions. in Philadelphia in 1996, just 3,000 booth in the Pennsylvania Pavilion,
Designed to further leverage Pennsylvania’s individuals attended. the focus of Pennsylvania’s bio
colleges and universities as economic At Navy Yard News press time, nearly technology industry where some
development agents, the KIZ program allows 20,000 attendees were registered to 20,000 professionals will seek out
technology-based companies located in attend BIO 2005, a potential the state’s and the city’s best
designated Zones to apply to the state for tax opportunities.
attendance record that reflects upon
credits.These companies also benefit from
priority access to state funding programs. the growing strength of Philadelphia’s Finally, after days of networking
Universities participating in KIZs will receive life sciences industries. and deal-making, thousands of
state grants to help them transfer university BIO 2005 is the world’s largest attendees will unwind at the
technology to companies based in the Zones. biotechnology gathering and will official closing ceremony party at
The Navy Yard KIZ is the second Philadelphia- feature over 20 tracks of programming, the Philadelphia Cruise Terminal.
based initiative approved by the state. including sessions on policy, finance, Bio 2005
Annual International Convention
Philadelphia’s other KIZ – focused on life business development, science and June 19- June 22
sciences – is located in the University City regulatory affairs. BIO represents more PA Convention Center
district and the University City Science Center. than 1,000 biotechnology companies, Contents
“We are confident that collaboration in these academic institutions, state
areas of technology will expand Philadelphia’s Bio 2005 Lands at The 1
biotechnology centers and related Navy Yard
engineering sciences knowledge base and organizations in all 50 U.S. states and
grow new economic activity for the city and The Navy Yard Receives
33 other nations. KIZ
the region,” said Peter S. Longstreth, PIDC
President. “In particular, this new activity will BIO members are involved in the KIZ Wins Naid Award 2
be generated by combining the Navy’s vast research and development of health- PSU Expands to The
physical and intellectual assets, Penn State’s care, agricultural, industrial and Navy Yard
globally recognized, but new to Philadelphia, environmental biotechnology products. Acoustech Corporation
expertise in materials science and engineering Announces SBIR Award
research, technology licensing, and To capitalize on this opportunity, PIDC
commercialization, and The Navy Yard’s well- joined forces with Navy Yard tenant Around The Navy Yard 3
positioned and dynamic real estate assets.” AppTec Laboratory Services and
Tenant List 4
developers Liberty Property Trust and
KIZ Wins National Award from NAID
Fresh on the heels of its state designation,The Navy Yard KIZ was in May awarded the
2005 Community Innovation Award from the National Association for Installation
Developers (NAID), a national community of economic development entities, private
sector companies and organizations, and local, state, and federal governments.
The Community Innovation Award recognizes a significant project that has been launched
representing a new approach for dealing with an issue common to other communities with
active or closed military bases.The Navy Yard KIZ is advancing the Navy’s existing world-
class, on-site research and development activities through newly formalized partnerships
with academic and private research partners that aim for the commercialization of
technologies in the power and energy, advanced materials, and communications sectors.
For almost 25 years, NAID/ADC has been the single source for any organization involved in the
economic development, conversion, and reuse of military real estate. Members promote development for
both active and closed military base communities. Melding the rich, diverse experience and resources of
its members, NAID/ADC connects the public and private sector and the Department of Defense,
creating a powerful force for economic development.
Penn State Expands to The Navy Yard
Penn State Great Valley is about to become a key player The Navy Yard KIZ will be led by a partnership between
in one of the hottest growing technology/life-sciences Penn State and its Applied Research Laboratory, the U.S.
zones in the Philadelphia region.This September, Navy's Ship Systems Engineering Station, Ben Franklin
Great Valley Engineering, which provides technical Technology Partners of Southeastern Pennsylvania, the
graduate degree and certificate programs to working Philadelphia Department of Commerce and the
professionals across the region, will begin offering Philadelphia Industrial Development Corporation.
courses in systems engineering at The Navy Yard. For more information on Penn State's Navy Yard
courses, go to http://www.gv.psu.edu/engineering or
Penn State Great Valley's initiative to offer courses at
contact David Jwanier at email@example.com.
The Navy Yard comes on the heels of the state of
Pennsylvania approving plans to create a Keystone
Innovation Zone (KIZ) there for the pursuit of
economic development, work-force training and job
creation related to the engineering and life sciences.
Acoustech Corporation Announces SBIR Award
Acoustech Corporation recently announced that it won a Phase I SBIR Award from the Department
of Homeland Security in support of the company’s work on the development of a cost-effective
surveillance system to detect/track terrorist attacks that are staged underwater. This award is the first
SBIR to be received by a company in the Navy Yard’s Keystone Innovation Zone (KIZ).
Acoustech’s primary business is the development of high-precision sensors that measure both the
acoustic pressure and particle velocity at a single point in space. Acoustech was formed in 1996 by
Dr. James A. McConnell during his tenure as a graduate student in the Acoustics Program at the
Pennsylvania State University. In September 2004, Acoustech relocated from State College to
Philadelphia, and is now headquartered in office and laboratory space in the Commandant’s Building
at The Navy Yard. Congratulations to Jim McConnell and his team!
Around The Navy Yard
BROAD STREET RUN Kvaerner announces milestone deal
May 1, 2005 April 14, 2005
The Navy Yard was once again home to the Former President Bill Clinton was on hand at the
finish line for the nearly 14,000 runners Kvaerner Shipyard to announce Kvaerner’s
competing in the 26th annual Broad Street Run, milestone contract with Overseas Shipholding
the 10-mile run down Broad Street. This is the Group Inc., the largest shipping company in
fourth consecutive year the race ended here, America, to build 10 double-hulled tanker ships
culminating with a family day on the for petroleum transport representing nearly
Historic Marine Parade Grounds. $1 billion in investment.
Cruise business booms in BARTHCO Receives Historic
Philadelphia Preservation Award
A record number of people who want May 5, 2005
a relaxing vacation without boarding New Office Building The Preservation Alliance for
another packed airplane will head Taking Shape Greater Philadelphia honored
south this year - to South Philadelphia Barthco International, along with its
and the city’s thriving cruise terminal at One Crescent Drive, a 77,000 design and construction team and
The Navy Yard. More than 92,000 square feet Class A office PIDC, with the 2005 Preservation
travelers—50 percent more than last building developed by Liberty Achievement Award for the
year—are expected to board ships at Property Trust and Synterra restoration and rehabilitation of
the Cruise Terminal at Pier 1 this year. Partners, is on track for Building 26, 5101 South Broad
Norwegian Cruise Line, Celebrity completion this fall. Tenants Street. The building, constructed in
Cruise Lines and Royal Caribbean are already lining up, with 1909, was restored by Barthco in
International will base ships here for Aphton Corporation, a 2004 and now serves as its world
the season. Ships operated by three biopharmaceutical company, headquarters. This award marks
other cruise lines are scheduled to set to relocate its world the second Preservation Alliance
make port calls at the terminal during headquarters to the building award for The Navy Yard, with
the season. upon completion. Building 10, the future home of
Visit www.cruisephilly.com Urban Outfitters, winning the award
The Navy Yard Businesses
Cushman and Wakefield of PA, Inc. NDI Engineering Company
Del-San Environmental, Inc. Newark Special Technology, Inc.
DiNic’s Oven Roasted Beef & Pork Norfolk & Southern Corporation
EDO Corporation Northrop Grumman Systems Corp.
EG & G P&A Associates
Excel Welding Pennsylvania Horticultural Society
Geo-Centers, Inc. Philadelphia Industrial Development Corp.
George G. Sharpe, Inc. Philadelphia Shipyard Development Corp.
George Young Company Philadelphia Workforce Development Corp.
Gibbs & Cox Pinkerton's, Inc.
Hargrove, Inc. Port of Philadelphia & Camden
Int'l. Institute of Forensic Science Potomac Navy Yard, LLC
Jamie Record Company Prime Plate Enterprises, Inc.
John J. McMullen Associates, Inc. Printcrafters, Inc.
Acoustech Corporation Johnson Machinery Company, Inc. Quaker Electrical & Mechanical Contractors, Inc.
Alstom, USA, Inc. Kvaerner Philadelphia Shipyard, Inc. Rhoads Industries
AMSEC LLC Landmar Enterprises, Inc. River Associates
Anteon Corporation Life Cycle Engineering Rotem Company
AppTec Laboratory Services Living Naturally, LLC Sautter's Café
Barthco International, Inc. McAllister Towing of Philadelphia, Inc. Stonehenge Advisors, Inc.
Basic Commerce & Industries, Inc. Menasha Packaging Company, LLC Thackray Crane Rental, Inc.
Canadian Pacific Railway MetroKids Publications U.S. Dept. of Agriculture
Changing World Technologies Metro Machine of Pennsylvania, Inc. U.S. Navy
Chapel of the Four Chaplains Moran Towing of Pennsylvania, Inc. VITETTA
Cinergy Solutions of Philadelphia, LLC Mothers Work, Inc. WHYY, Inc.
Collegiate Consortium for Workforce and Nason Construction, Inc. Wilmington Steel Processing Co.
Economic Development NAVMAR Applied Sciences Corp.
215-THE-YARD • navyyard.org