Navy Yard Finally Gets Neighbors: $285 Million AVE Project Brings Beds To The Shipyard

Korman Communities is about to turn the Philadelphia Navy Yard from a place people drive to into a place people actually live. The company is preparing to open AVE Normandy at the Navy Yard next month, the first occupied units in a two-building, $285 million complex that will total 614 apartments. The project mixes resort-style amenities with both furnished flexible-stay apartments and traditional leases, a setup the developer says is designed for the thousands who already work on the campus. For the first time in decades, the shipyard is set to feel like a real neighborhood rather than a collection of offices and labs.

As first reported by the Philadelphia Business Journal, Normandy is scheduled to open in March and the broader AVE Navy Yard project carries a…..

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