Following ULI Philadelphia’ Real Estate Forecast 2022, a group of industry leaders toured the Philadelphia Navy Yard with the Philadelphia Industrial Development Corporation (PIDC) and Ensemble Real Estate Solutions and Investments. Jennifer Tran and Dylan Langley of PIDC discussed the rich history of the Navy Yard from its role during World War II to its mixed use future of commercial, industrial, hospitality, residential and public spaces. Mark Seltzer of Ensemble Real Estate Solutions and Investments discussed Ensemble/Mosaic’s $2.5B development plan and bold ESG commitment, the Navy Yard’s current master plan update process, and next projects including new life sciences buildings and the Navy Yard’s first residential development since the base closure. Following the discussion, attendees toured the Navy Yard campus to explore recently completed projects and the sites of future development.