Navy Yard Reaches Milestone

By Natalie Kostelni | Philadelphia Business Journal
|  Wednesday, Jan 29, 2014  |  Updated 3:32 PM EDT
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Navy Yard Reaches Milestone

The Philadelphia Navy Yard has reached a significant milestone in its transition into a business campus.

More new companies — a total of 22 — and amenities were added to the Navy Yard last year than in any other year, according to the Philadelphia Industrial Development Corp., which oversees the development of the 1,100-acre property. The activity brought the tally of companies located at the former Naval base to 143 with a total of 11,000 employees.

GlaxoSmithKline ZSX Medical, a medical device firm, Graboyes Commercial Window Co. were some of the companies that moved to the South Philadelphia site last year, and those moves and other activity have meant the Navy Yard is finally coming into its own. Read more about this story on PBJ.com

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