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$400M Phase One Focuses on Life Science Companies, Residential and Hospitality
PHILADELPHIA–(BUSINESS WIRE)–
PIDC, Philadelphia’s public-private economic development corporation and master developer of the Philadelphia Navy Yard, in partnership with Ensemble Real Estate Investments and Mosaic Development Partners, today announced the execution of an agreement which provides Ensemble/Mosaic with the exclusive development rights for 109 acres at the Navy Yard and launches a $2.5 billion development plan that will create thousands of construction and permanent jobs.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210324005292/en/
Life sciences planned building locations – Philadelphia Navy Yard (Photo: Business Wire)
The $400…
