The Philadelphia Navy Yard Becomes Even More Revitalized, As Billionaires Invest in Our Nation's Ships
In 2018, the Philadelphia Navy Yard had been closed for 22 years, and mostly used for art installations and exhibits as the above image attests. In 2000, PIDC, a nonprofit organization, took control of the facility on behalf of the City of Philadelphia, and poured more than $150 million in publicly-funded infrastructure improvements coupled with $750 million in private investment, to create a thriving, commercial, retail, and residential district where 150 companies occupy over 7.5 million square feet of space for industrial, manufacturing, research, and development.
Source: https://redstate.com/jenniferoo/2026/07/15/the-philadelphia-navy-yard-is-revitalized-as-billionaires-invest-in-our-nations-defense-n2204367
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