A map of the 109 acres of the Navy Yard's historic core and Mustin districts. A map of the 109 acres at the NavyYard's historic core and Mustin districts.

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PHILADELPHIA—The PIDC announced on Friday that it had whittleddown the more than 35 responses to an RFP issued last fall for adevelopment partner on 109 acres at the Philadelphia Navy Yard to five developmentteams.

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The five respondents now competing for the developmentsolicitation are:

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● Ensemble Real Estate Investments and Mosaic Partners;

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● Gilbane Development Company and Jair Lynch Real EstatePartners;

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● Hines;

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● Hoffman and Associates, Gattuso Development Partners, andSynterra Partners and

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● Trammell Crow Co.

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The five teams on the shortlist have been invited to submitdetailed proposals in a request for proposal stage, with finalselection of a development partner scheduled to be made later thisyear.

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"We are heartened by the many enthusiastic responses for thedevelopment opportunities at the Navy Yard," says Kate McNamara,PIDC's senior vice president, Navy Yard. "We believe that we have astrong pool of potential partners that will contribute to this nextchapter of innovation and development at the Navy Yard and lookforward to announcing a new development partner later thisyear."

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In September 2019, PIDC initiated a request for qualificationsprocess that put a call out for prospective partners—real estatedevelopers and end-users—capable of planning, delivering, andmanaging office, R&D, and mixed-use residential buildings onapproximately 109 acres at the Navy Yard. The PIDC isPhiladelphia's public-private economic development corporationfounded in 1958 by the City of Philadelphia and the GreaterPhiladelphia Chamber of Commerce,

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More than 35 responses to the RFQ were received in December2019. The development opportunity marks the only time since 2004that PIDC has offered exclusive development rights and the firsttime that mixed-use multifamily development will be allowed at theNavy Yard.

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The Philadelphia Navy Yard currently hosts approximately 15,000employees and 170 employers who occupy 7.5 million square feetacross a mix of property types, including office, retail,industrial, R&D and institution space. Since acquiring the1,200-acre site from the federal government in 2000, PIDC has beenthe master developer and site operator of the Navy Yard on behalfof the Philadelphia Authority for Industrial Development.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.