Twenty-one years later, the 1,200-acre Navy Yard is booming.
At the base of Pier 6, a thousand workers are assembling 50,000-ton tankers at a state-of-the-art $400 million, Norwegian-owned commercial shipyard. Thousands more work in swank new office and laboratory buildings a quarter-mile to the west that house T-cell cancer therapy researchers, investment advisors and a large chunk of drug giant GlaxoSmithKline’s North American operations. There’s a brand new 4.5-acre park designed by renowned landscape architect James Corner (of New York City High Line fame), with a running track, ping pong tables and hammocks among the benches and Adirondack chairs; a trendy Marc Vetri restaurant in one of the base’s former gatehouses; and, across a canal, the teeming 340,000-square foot Tastykake bakery, an iconic Philadelphia institution transplanted to in 2010 from its 88-year old North Philadelphia factory.
About CanAm Enterprises With three decades of experience promoting immigration-linked investments in the United States and Canada, CanAm Enterprises has a long and established track record. Based on a reputation of credibility and trust, CanAm Enterprises has financed 53 project loans and raised more than $2.6 billion in EB-5 investments. CanAm Enterprises exclusively operates several USCIS-designated regional centers that are located in the city of Philadelphia, the Commonwealth of Pennsylvania, the county of Los Angeles, the metropolitan region of New York, Hawaii, Florida, and Texas. For more information, please visit www.canamenterprises.com