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Serge Nalbantian Named Vice President of Development & Construction at Ensemble Real Estate Investments & Mosaic Development Partners

PHILADELPHIA – May 19, 2021 – Ensemble Real Estate Investments and Mosaic Development Partners (Ensemble/Mosaic) today announced that Serge Nalbantian has joined the joint venture as Vice President of Development & Construction. He will manage the development of projects across the partnership’s 109 acres at the Philadelphia Navy Yard.

PIDC and Ensemble/Mosaic Execute Navy Yard Development Agreement, Launching $2.5 Billion Development Plan

PIDC, Philadelphia’s public-private economic development corporation and master developer of the Philadelphia Navy Yard, in partnership with Ensemble Real Estate Investments and Mosaic Development Partners, today announced the execution of an agreement which provides Ensemble/Mosaic with the exclusive development rights for 109 acres at the Navy Yard and launches a $2.5 billion development plan that will create thousands of construction and permanent jobs.