PHILADELPHIA- Architect Robert A.M. Stern has reworked the city's 2004 master plan for 1,200 acres at the southern end of Broad Street that would allow multi-tenant commercial and industrial development at the Navy Yard.
Stern, dean of Yale University's architecture school, presented his design plan on Friday at an event that marked the Navy Yard reaching the 10,000-employee milestone. The City of Philadelphia and Navy Yard developers, the Philadelphia Industrial Development Corp. (PIDC), and partners Liberty Property Trust and Synterra Partners hosted the event, according to the Philadelphia Inquirer.
Stern's plan for the next phase of development at the Navy Yard would bring commercial and industrial development south toward the river at three new campuses—the Canal District, Mustin Park, and the Central Green.
The planned construction will be multi-tenant, mid-rise structures, including a 15-story office building. On city owned property at the Navy Yard, plans call for about 1,000 apartments geared for young professionals in some existing properties and five or six new buildings. See story in the Philadelphia Inquirer.
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