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AVE Opens Navy Yard Apartment Project in Philadelphia
AVE, the residential brand of Philadelphia-based Korman Communities, in partnership with Ensemble Investments and Mosaic Development Partners, officially opened AVE Navy Yard.
AVE Navy Yard anchors Philadelphia’s first new neighborhood in a generation, delivering 614 contemporary apartments across two complementary communities – Normandy and Constitution – along with 75,000 square feet of on demand wellness, business and leisure amenities and 25,000 square feet of restaurant and boutique retail space. The Navy Yard neighborhood offers extensive green space, waterfront views, and easy access to Center City, Philadelphia International Airport, and the Philadelphia Sports Complex.
“The opening of AVE Navy Yard represents a major milestone in the transformation of the Navy Yard into Philadelphia’s newest neighborhood,” said Brian Cohen, Managing Director, Ensemble Investments. “Now, with the arrival of its first residential community, we’re creating a true live-work-play environment where residents can live steps from innovative companies, waterfront parks, and new retail and dining.”
