Daily News | IBEW Local 98 is moving operations to the Navy Yard in South Philly
said the union would move its base of operations to the Navy Yard properties.
“Candidly, we’ve outgrown our two Spring Garden Street properties,” Lynch said. “We look at this move as a wise, strategic investment in a growing corporate hub that places IBEW Local 98 alongside many of the most dynamic corporations in our region. The synergies and potential collaborations are endless.”The university’s board of trustees is scheduled to vote this week on the sale of 4960 S. 12th St. to the union for $11.25 million and 1101 Kitty Hawk Ave.
Each of the properties is just over an acre in size. The two buildings were previously used for academic programming, administrative offices, research, and Penn State Extension within the university’s College of Agricultural Sciences. The buildings also housed business incubator and event space. “The properties were underutilized recently, so the remaining offices were relocated to other Penn State locations so that the properties could be sold,” Penn State spokesperson Wyatt DuBois said.
The Navy Yard has grown into a major employment hub over the last two decades, now home to over 150 companies and
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