Quote:
Originally Posted by ok-ez
I still say no to an extension to the navy yard. a billion dollars to somewhere no one lives yet and it is still just a tax dodge for a few companies with one of the big ones leaving. I hope it makes sense in the future but don't think it does now
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I say yes, absolutely extend the BSL to the Navy Yard. As McGrath said, we need to be building for the city of TOMORROW, not focused on the city of TODAY.
The Navy Yard as it currently stands is the 3rd largest business district in Philadelphia after Center City and University City. It's not just "a few" companies. There are well over 14,000 people working out of the Navy Yard to date, with plenty of plans for more office buildings/lab buildings/life science space, etc. With Philly's recent strides in the Life Sciences fields, the Navy Yard is a no brainer for a lot of these companies.
Furtheremore, there are plans for THOUSANDS of residential units in the Navy Yard. There is also a hotel with plans for one or two more. There are also plans for restaurants, shops, cafes and more amenities.
Lastly, there are also several parks there now already, with plans for more parks/green space and a great waterfront.
This could be a bustling hub of offices, life sciences and residences with restaurants, waterfront space and more within 5 short years. Planning for and building a subway extension down to here would take AT LEAST a decade in this country. We should be planning for it NOW.