With the Navy Yard fast becoming a bustling hub of innovation and growth, the transformation is not only limited to its corporate landscape. Navy Yard is Philadelphia’s premier mixed-use development with more than 150 companies and 15,000+ employees. As we usher in this new era of prosperity, the fi rst phase of Ensemble/Mosaic’s mixed-use development is poised to infuse life into the area around the clock. This dynamic evolution is already underway with the construction of 614 new apartments, and the momentum will only increase with the commencement of a 223-room hotel in 2024, augmenting the Navy Yard’s existing 212-room Courtyard Marriott. This expansion will not only bring 1,000+ residents to call the Navy Yard home but also attract 500+ daily hotel guests, creating a vibrant, 24/7 community. However, at the present moment, there is extremely limited retail space at the Navy Yard, pointing to a significant opportunity for retail development to meet the growing needs of the community.