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New details emerge for Philadelphia’s $2.5B Navy Yard project

April 6, 2021


Under the terms of the agreement, which was first announced in July 2020, PIDC, Ensemble and Mosaic will transform the former military base into a mixed-use community. Residential and hospitality projects will follow the life sciences building. The venture envisions approximately 3,000 residential units when finished, in addition to 3 million square feet of life science manufacturing, research and development, offices, hotels and retail space, creating thousands of jobs, both construction and permanent.

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