MILITARY BASE REDEVELOPMENT
New Uses Cover Broad Range
Location often determines the re-use value of a former base, but some broaden their scope. Take the Philadelphia Navy Yard, for instance. Long a shipbuilding and repair facility for the U.S. Navy, the Naval Yard still has some considerable private shipbuilding activities such as the Kvaerner Shipyard, which recently secured a nearly $1-billion order to build 10 double-hulled tanker ships for petroleum transport.
Liberty Property Trust and Synterra Partners are nearing completion on a 77,000-sq.-ft. (7,200-sq.-m.) building, which is the first step of a new 1.4-million-sq.-ft. (130,000-sq.-m.) Corporate Center. One of the tenants will be Aphton Corp., a biopharmaceutical company that will move its headquarters there.
The long-range master plan for the Navy Yard also includes an 80-acre (32-hectare) research park with life sciences research, development and manufacturing opportunities.
AppTec Laboratory Services is the first company to locate within the Research Park, occupying a 75,000-sq.-ft. (6,968-sq.-m.) pharmaceutical manufacturing/laboratory facility.
The Navy Yard, which houses 60 private companies employing more than 6,000, strengthened its efforts to attract life sciences development in March 2005 when the state gave the nod to create a Keystone Innovation Zone (KIZ). The program allows technology-based companies to apply for state tax credits. Universities participating in the KIZ, such as Penn State University, will receive state grants to help transfer university technology to companies based in the zone. The new KIZ quickly caught the attention of NAID/ADC, which gave it its 2005 Community Innovation Award.
The facility is set to open in 2006. England Airpark is one of several former bases active in the Hurricane Katrina relief efforts. Its many efforts included serving as a staging base for rescue operations and as a center of logistics for relief operations.
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