Upvote:14
If you want to confirm for yourself, here is an aerial photograph of the yard dated 1930. Going from center to center-right is the gantry visible in your image, and if you look near the end of the gantry to the right, you'll see that building with the neoclassical portico and the little tower, and right next to it a brick warehouse with an angled roof. The background matches up, too.
Bonus points: the photo also depicts USS Chicago (CA 29), launched but not yet commissioned!