Philadelphia developer Bart Blatstein stood on the roof of the former state office building at Broad and Spring Garden, looked down at the Daily News/Inquirer building he now owns at Broad and Callowhill streets, and announced plans to build a massive casino complex on the site while turning the iconic tower building into a hotel.
Stretching over three blocks from Broad to 17th streets, the development will be anchored by the only downtown casino in a "top five major city," Blatstein said, and will be a major economic engine for North Philadelphia.
The project depends on Blatstein securing the state casino license that is available because of the failure of Foxwoods casino to develop its site along Columbus Boulevard near Tasker.
Blatstein wants to turn Inquirer-Daily News building into casino complex
And from NewsWorks:
Our Dave Davies has confirmed reports that developer Bart Blatstein envisions a casino on North Broad Street around the building Philadelphia Media Network will soon vacate.
Here are some of the details, according to Dave's conversation with Blatstein:
- Will front on Callowhill Street
- Will consist of of 2,000 parking spaces, a 200-room hotel and 40,000 square feet of shops
- Will have six restaurants, a concert hall, event facilities, a spa and fitness center
- The casino will be 100,000 square feet