PHILADELPHIA, PA — Governor Josh Shapiro announced a $30 million investment in the Philadelphia Navy Yard through the Pennsylvania Strategic Investments to Enhance Sites (PA SITES) program. This funding will advance the development of the Navy Yard’s Greenway District, focusing on creating shovel-ready sites for advanced manufacturing, life sciences, and commercial use. The initiative is part of a broader plan to drive Pennsylvania’s economic growth, foster innovation, and create thousands of jobs.
“When I took office, I made clear that my Administration would be focused on making Pennsylvania more competitive and making us a leader in economic development, job creation, and innovation,” Governor Shapiro said. “These investments lay the groundwork to attract companies, strengthen communities, and make sure our Commonwealth is ready to compete — and win — in today’s economy.”
The grant, awarded to Ensemble/Mosaic Navy Yard LLC, will be used for utility infrastructure, soil excavation, grading, and stormwater management. These improvements will prepare six lots for up to 700,000 square feet of manufacturing and commercial space. This effort is part of a larger $6 billion redevelopment project at the Navy Yard, expected to generate 12,000 new jobs and solidify its position as a regional hub for innovation and industry.
Ensemble/Mosaic, a partnership between Ensemble Real Estate Investments and Mosaic Development Partners, has spearheaded the transformation of the Navy Yard into a mixed-use district. The ongoing redevelopment plan includes nine million square feet of new development, 4,000 apartments, and space for life sciences companies and retail operations.
Supporting Economic Growth
Across Pennsylvania, the PA SITES program awarded $64 million in its first round of funding to support site development in 11 counties, including Philadelphia. Secretary of the Department of Community and Economic Development Rick Siger emphasized the program’s strategic value. “These projects will create new jobs, expand opportunity for Pennsylvanians, and strengthen the Commonwealth’s economic future for years to come,” he said.
Mark Lynch of the International Brotherhood of Electrical Workers (IBEW) Local 98 praised the investment, highlighting its broader implications. “This is about laying the foundation for opportunity,” Lynch said. “When Governor Shapiro talks about ‘shovel-ready’ sites, we understand what that means — our members are the ones holding the shovels, laying the wires, building the systems, and powering the future.”
A Vision for the Future
The Navy Yard is already home to over 150 employers and 15,000 jobs. With additional investment from PA SITES, it is poised to expand its capacity for manufacturing, research, and green development. The project aligns with the state’s 10-year Economic Development Strategy, emphasizing sustainable growth and job creation.
Governor Shapiro’s commitment to site readiness and economic competitiveness marks a pivotal step in Pennsylvania’s development trajectory. With additional PA SITES projects in the pipeline, Pennsylvania is positioning itself at the forefront of national economic innovation and industrial growth.
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