New spec building set to break ground at Navy Yard

Natalie Kostelni, Reporter- Philadelphia Business Journal

Liberty Property Trust is scheduled to break ground next week on a 94,000-square-foot speculative office building at the Philadelphia Navy Yard.

Liberty and its joint venture partner, Synterra Partners, are moving forward with the office project even though they have yet to secure any tenants.

The decision speaks to the overwhelming demand for office space at the Navy Yard. It also underscores how, in a short amount of time, the South Philly campus has become as one of Philadelphia’s most desirable office submarkets.

Liberty will unveil the design of the building and hold the ground breaking on Tuesday. At the same time, it will also officially open what is being called Central Green, a 5-acre park designed by James Corner Field Operations.

The marking of those two projects is being billed as a “landmark event” for the Navy Yard.
The new building’s design is expected to be remarkable. A renowned international architectural firm, Bjarke Ingels Group, has designed the structure.

The firm is known for its innovative and forward thinking design. Among the projects it is working on is Two World Trade Center in New York and Google’s new Mountain View, Calif. campus, which are both futuristic looking and designed to inspire.

Central Green also got the starchitect treatment. Many know the well-regarded work of James Corner, who designed the High Line Park and Fresh Kills Park in New York. He served as chair for 12 years of the department of landscape architecture at the University of Pennsylvania and remains a professor at the school.

Central Green was designed to be a special outdoor space that is as much about being outside as it is about creating a place for the Navy Yard community to gather.
Just as the architecture of the Navy Yard's newly constructed buildings have been used to define the campus culture, this park space is also being used to shape that culture and bring to the forefront how indoor and outdoor spaces have a connection with each other.
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