In Philly, business booms where battleships born
PHILADELPHIA - February 11, 2013 (WPVI) -- Philadelphia's Navy Yard, a massive military powerhouse where battleships were born until the Cold War put it on ice, is celebrating a milestone that seemed a stretch 15 years ago.
Less than two decades after the Navy shipped out, the sprawling property is home to 130 companies and 10,000 employees in a mix as varied as fashion, pharmaceuticals, colleges and cupcakes. A 170-room hotel is under construction and development is expanding right to the Delaware River.
John Grady of the Philadelphia Industrial Development Corp. says there was a lot of uncertainty when the private-public nonprofit took ownership of the land in 2000.
Last week, The Navy Yard celebrated its 10,000th employee milestone. That's more than the number of people working there when the Navy left in 1996.
- ABC News: Possible security breach at Target 18 min ago
- Winter Warm Up 7 min ago
- Get the 6abc StormTracker app
- 2013 Troop Greetings
- Police search for suspects in religious store robbery 42 min ago
- Jewelry thieves target Montgomery Co. open houses 26 min ago
- Elderly couple's life savings stolen in Media
- Police: Man shoots self on SEPTA bus 17 min ago
- $6M counterfeit check ring busted in Phila.
- 2 million-dollar tickets sold in NJ, 1 in Del.
- Phil Robertson off 'Duck Dynasty' after gay comments 14 min ago
- Upper Darby's Chitwood reflects on career 7 min ago
- Video: Soldier returning from Afghanistan...
- Barbara Walters' Most Fascinating Person revealed 43 min ago
- ABC News: Possible security breach at Target
18 min ago
- Police: Man shoots self on SEPTA bus
17 min ago
- Phil Robertson off 'Duck Dynasty' after gay...
14 min ago
- Upper Darby's Chitwood reflects on career
7 min ago