Could the Broad Street Line Expand to the Navy Yard?

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Say you work at Urban Outfitters HQ down at the Navy Yard, and for whatever reason you live in a cubicle at Philly Mag HQ at 1818 Market Street. Not such a bad commute, right? Straight shot down Broad, after all. Actually, it’s terrible. According to trusty Google Maps, that would take you 45 minutes. Way more from West Philly or Fishtown or wherever. Why? Because you’re walking 20 minutes from the stadium stop on the Broad Street Line, no matter whence you came. Read more »

1,200 Acres of a College Campus Environment Lures Franklin Square to the Navy Yard

Rendering of Franklin Square Capital Parnters' new building at the Navy Yard

Rendering of Franklin Square Capital Parnters’ new building at the Navy Yard courtesy the Navy Yard.

Today marks the groundbreaking of the four-story, 80,050 square foot Franklin Square Capital Partners office building in the 1,200-acre Navy Yard, which continues to draw new companies that appreciate its focus on energy efficiency as well as a campus that feels more college and less corporate. As with the 11 other projects initiated by Liberty Property Trust/Synterra Partners at the Yard, this one will also be sustainably developed, aiming for a LEED Gold certification.

Franklin Square, which Forbes named 13th most promising company in America this year, will get a DIGSAU-designed building with views of the Philly skyline. It’ll have a ground floor glass pedestal and then floor to ceiling windows. The lobby will have “hand-chiseled Jerusalem limestone and Venetian plaster.” Dig that, DIGSAU. Franklin Square moved from the Cira Centre to get more room and to change the vibe for its 150 employees — a number that’s likely to grow. New amenities for those staffers will include a health-oriented cafe and a fitness center.

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13th Most Promising Company in America Will Move Into Navy Yard [Rendering]

Rendering of Franklin Square Capital Parnters' new building at the Navy Yard

Rendering of Franklin Square Capital Partners’ new building at the Navy Yard courtesy the Navy Yard.

Franklin Square Capital Partners, which Forbes named 13th most promising company in America this year, is yet another business to sign on to the Navy Yard’s sprawling business paradise. The (fingers crossed) LEED Gold-certified project “will be centered around an extensive five-acre public park offering numerous recreational amenities,” said Bill Hankowsky of Liberty Property Trust in a public statement.

Like other corporate HQs at the Navy Yard, Franklin Square’s new digs won’t be average, run-of-the-mill offices as we know them traditionally. Taking a page from Glaxo SmithKline’s unconventional book, Franklin Square is aiming for a “workplace of the future” approach.

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Will the Navy Yard Be the Sixers’ New Practice Facility?

The 700 Level reports on the Business Journal’s report on the Sports Journal’s report on the Sixers’ new practice facility, which is supposedly proposed for the Navy Yard. It would be a nice change from their current, non-propietary practice space at the Philadelphia College of Osteopathic Medicine.

Though team spokesperson Michael Preston offered the good old “no comment” when asked about the Navy Yard specifically, he, like team CEO Adam Aron, acknowledged that a dedicated practice facility would be a big step forward for the organization.

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PMHC Makes Big Move in Center City Office Market

The Public Health Management Corporation (PMHC) is moving from its offices at Broad and Locust to 1500 Market next year, taking over five floors of Comcast’s former corporate home. It sounds like the social services city contractor got inspired by GlaxoSmithKline’s latest innovations at the Navy Yard: the new PMHC will use one level of their new office space as a collective workspace with a cafe and gym. But unlike GSK, PMHC is staying downtown, which brings a sigh of relief for those worried about Center City losing its commercial density.

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