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Naked Philly

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By Ori Feibush | Agent in 19146

Coming Soon: A Casino on North Broad Street?

According to a breaking news story from the Philadelphia Daily News, Bart Blatstein of Tower Investments has unveiled a bold new plan for North Broad Street. And it involves a casino.

Tower, which is about to begin work in earnest at the former state building at Broad and Spring Garden Sts., increased their stake in North Broad Street when they purchased the Inquirer/Daily News Building last year.

And that site is the centerpiece of their plan to bring a new hotel and casino to North Broad Street. Looking at the site plan provided by the Daily News, Blatstein plans to convert the Inquirer Building into a hotel plus a parking lot, and intends to build a casino next door, on the 1500 block of Callowhill Street. One more block to the west will be an additional parking garage.

Would you bet on placing a casino in the center of Philadelphia or is it a gamble? 

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