Philadelphia Navy Yard
Coverage of Philadelphia Navy Yard in the Nexus archive.
- Pennsylvania’s largest cyber charter school expands real estate footprint in Philadelphia
Commonwealth Charter Academy, Pennsylvania’s largest cyber charter school, has acquired a 32,000-square-foot building in Philadelphia’s Navy Yard for staff offices and student services. The school’s enrollment has nearly doubled to 35,000 students, with 5,000 in Philadelphia, and it has spent $50 million on real estate statewide since 2022. Critics argue the expansion reflects excess funding not used for education, while officials emphasize improved access for families.
- JPMorgan CEO Jamie Dimon says 300,000 workers are needed to rebuild American shipbuilding—with jobs paying $100,000 without a college degree
JPMorgan CEO Jamie Dimon highlighted the need for 300,000 skilled workers in U.S. shipbuilding over the next decade, emphasizing high-paying jobs without college degrees. JPMorgan announced a $24 million investment to expand a submarine facility and workforce training in Philadelphia, while noting challenges in competing with South Korea's shipbuilding efficiency.
- ‘Arsenal of democracy’: Jamie Dimon announces $24 million effort to boost American shipbuilding
Jamie Dimon, CEO of JPMorgan Chase, announced a $24 million package to bolster American shipbuilding, funding a new submarine facility at the Philadelphia Navy Yard.