AVE EXPANDS PHILADELPHIA INVENTORY WITH OPENING OF AVE NORMANDY AT THE NAVY YARD
Award-Winning Apartment Provider Adds Flexible-stay, Furnished Apartment Inventory in Philadelphia’s Newest Neighborhood.
PLYMOUTH MEETING, Pa. – March 2026
AVE, the residential brand of Philadelphia-based Korman Communities, announces the opening of AVE Normandy (1200 Normandy Place), an elevated apartment community at the historic Philadelphia Navy Yard. The addition of AVE Normandy significantly expands AVE’s Philadelphia furnished apartment inventory, giving corporate housing providers a stronger, multi-location solution across the city.
A Growing Philadelphia Presence Perfect for Corporate Housing
AVE now operates two elevated residential communities in Philadelphia, offering corporate housing providers the depth of inventory and geographic range to place clients across the city with confidence:
The Franklin Residences – Located at 9th and Chestnut Streets in Center City, The Franklin Residences is an iconic Philadelphia landmark offering flexible-stay, furnished apartments. The Franklin Residences delivers AVE’s signature high-touch service, 24/7 concierge, valet parking, a modern business center, 24-hour fitness center, and a convenient address steps from Jefferson Health, Independence Hall, and world-class museums.
AVE Normandy – AVE’s brand new Philadelphia community at the Navy Yard offers flexible-stay, furnished apartments in the city’s first new neighborhood in decades, with waterfront access, 30,000 square feet of business, wellness, and leisure amenity space, and seamless connectivity to Center City, Philadelphia International Airport, and the Philadelphia Sports Complex.
Together, these two communities give corporate housing partners a trusted, scalable AVE solution across Philadelphia’s most in-demand locations.
A Seamless Inventory Solution for Corporate Housing Providers
Both AVE Normandy and The Franklin Residences are thoughtfully designed for the demands of corporate housing – offering flexible-stay, fully furnished apartments with lease terms of 30 days or longer. As corporate housing providers seek reliable, high-quality inventory partners, AVE delivers with consistent service standards, streamlined partnership processes, and a proven track record. Ranked the No. 1 property management company in the U.S. based on renter satisfaction for four consecutive years, AVE brings the same award-winning, high-touch service model that corporate housing professionals have come to depend on.
Elevated Furnished Apartments Designed for the Corporate Traveler
AVE Normandy’s brand new furnished apartments are designed for busy and discerning professionals. Each residence features:
- Restoration Hardware furniture and Crate + Barrel kitchenware throughout
- Chef-inspired kitchens fully accessorized with everything you need to cook
- Spa-like bathrooms with glass door showers or deep soaking tubs
- Dedicated desk space and generous closets
- In-home Whirlpool washers and dryers
Thoughtful Amenities Supporting Productivity and Well-Being
With 30,000 square feet of amenity space, AVE Normandy offers corporate guests an exceptional living and working environment far beyond standard extended-stay offerings:
Business Amenities:
- AVE’s most expansive business center to date, including a boardroom, multiple conference rooms, 12 individual work pods, flex workspaces, and a café with hot beverage bar.
Wellness & Leisure Amenities:
- Resort-style pool and sundeck
- Expansive 24/7 fitness center with seven private fitness pods
- Golf simulator and gaming lounge
- Soundproof recording studio
- Pet spa
- Zen courtyard with fire pit lounge
A Strategic Philadelphia Location
AVE Normandy is ideally situated within the Philadelphia Navy Yard – home to more than 150 companies – with easy access to Center City, Philadelphia International Airport, and the Philadelphia Sports Complex. The Navy Yard is the largest LEED Neighborhood Development in the United States, certified LEED ND Gold, featuring 20 acres of green space and six miles of waterfront.
Growing Philadelphia Inventory When You Need It Most
The opening of AVE Normandy adds significant furnished apartment inventory to AVE’s Philadelphia portfolio at a time of growing demand for quality extended-stay solutions in the market. Corporate housing providers can count on AVE as a scalable, dependable partner – with the people, processes, and properties to support their clients’ needs.
To inquire about inventory availability and partnership opportunities at AVE Normandy and The Franklin Residences, contact AVE’s corporate housing team at ksa@aveliving.com or visit: https://www.aveliving.com/ksa.
About AVE and Korman Communities
Korman Communities is a fully integrated, fifth-generation, 100-year-old real estate investment and property management company with nearly 40 properties across the United States and London. AVE specializes in elevated apartment living, offering fully furnished apartments with flexible lease options of 30 days or longer, as well as traditional luxury apartment rentals. A dedicated service team and unparalleled amenities – including flex workspaces with gigabit Wi-Fi, resort pools, 24-hour fitness centers, and pet spas – are signatures of every AVE community. Ranked the No. 1 property management company in the U.S. based on renter satisfaction for four consecutive years, AVE is a trusted inventory partner for the corporate housing industry. Learn more at https://www.aveliving.com/ksa.
