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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.

Tips for Success in Property Management of Medical Office Buildings

Successfully managing a medical office building portfolio means going beyond just taking care of a building or maintaining property grounds. A respected property manager is conscious about the overall needs and conditions of their tenants, guests/patients and surrounding healthcare community. Also, property owners are looking to their property managers to minimize the cost of maintenance while maintaining the property well enough to increase the value of their asset.

Ensemble Brings Mid Atlantic Retina to One Crescent Drive at the Navy Yard

Mid Atlantic Retina has signed a long-term lease with Ensemble Investments, LLC (Ensemble) at the Navy Yard in Philadelphia. Mid Atlantic Retina, a nationally and internationally recognized Retina Specialist Surgical practice and the Retina Surgeons of Wills Eye Hospital, will open their newest location in the LEED Platinum certified One Crescent Drive building. Occupancy is anticipated in late Spring of 2024.