And Delaware Station Goes To … Bart Blatstein?

Report says the developer has partnered with Joseph Volpe of Cescaphe Event Group and has grand plans for the site.

Delaware Station | Photo: James Jennings

Delaware Station | Photo: James Jennings

The future of the hulking Delaware Station looks like it’s about to get interesting. Joe DiStefano of The Inquirer reports that Bart Blatstein has “signed a contract with Exelon Corp.” to buy the iconic site adjacent to Penn Treaty Park in Fishtown. Blatstein, whose post-casino plans also include a mixed-use tower at the vacant lot at Broad and Washington, has partnered with caterer Joseph Volpe on the deal. Volpe owns Cescaphe Event Group, which took over and renovated the Down Town Club at the Public Ledger building in 2013.

The deal would include the station, 1,000 feet of Delaware River waterfront and the pier. So, what does he have in mind for the space?

Here’s more from The Inquirer:

The partners would like to locate a hotel, party spaces, and maybe housing; Blatstein says he’s not planning a retail center or industrial uses. He wouldn’t comment on the price, pending the sale closing.

Distefano also reports Blatstein and Volpe are also considering a marina at the site.

Blatstein, Volpe in deal to buy ex-Peco plant on the Delaware [The Inquirer]