Display Custom Taxonomy Category on Page

Hey there, need a little help, I made a custom taxonomy to go with my custom post type, that part works fine, now i am stuck with trying to display the category its in on a page pulling it from the custom post types taxonomy category..

this is the closest I’ve gotten too,

<?php
$args=array(
  'name' => 'project_category'
);
$output = 'objects'; // or names
$taxonomies=get_taxonomies($args,$output);
if  ($taxonomies) {
  foreach ($taxonomies as $taxonomy ) {
    echo '<p>' . $taxonomy->name . '</p>';
  }
}
?>

all it prints is project_category and not the actual category of Development or Design