Friday, February 5, 2016

Ongoing sea change at the Navy Yard

A new data center opened and now the Navy Yard in South Philadelphia will be home to a U.K. energy-efficiency company.

Ongoing sea change at the Navy Yard

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What a year the rejuvenated Navy Yard in South Philadelphia is having.

Tasty Baking Co. opened its new bakery last spring. Federal Reserve Chairman Ben Bernanke took a tour there in May. A research consortium led by Pennsylvania State University landed $129 million in federal funds in August to develop an “energy innovation hub.”

Earlier this week, we learned a bidder has been selected to develop a new marine terminal - the first in 50 years.

On Wednesday afternoon, Mayor Nutter and Philadelphia’s chief technology officer, Allan Frank, will be on hand to officially welcome a $25 million data center that opened in September. Philadelphia Technology Park, in essence a data center for hire, was developed by a Baltimore-based Enterprise Technology Parks L.L.C.

Finally, on Friday morning, the mayor will go to the yard again to meet up with Gov. Rendell and trumpet the opening of the North American headquarters of Mark Group, a United Kingdom-based energy-efficiency company.

Inquirer Columnist
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About this blog
Mike Armstrong blogs about Philadelphia corporations and business-related topics. Contact him at 215-854-2980. Reach Mike at marmstrong@phillynews.com.

Mike Armstrong Inquirer Columnist
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