Is Blatstein Planning a Residential and Retail Complex at Former Foxwoods Site?

1401-99 South Columbus Boulevard | Google Maps

1401-99 South Columbus Boulevard | Google Maps

A new mixed-use complex on the Delaware River would bring apartments, townhouses, park space, and retail–including a new Wawa and an Aldi–to the mix of strip malls and big box stores on Columbus Boulevard in Pennsport. That’s according to a brochure from MSC Retail, which shows the expansive 16-acre parcel would essentially be divided into four distinct areas.

Bart Blatstein, who originally assembled the site some 20 years ago, purchased the property once again in 2014 for $13 million after plans for a Foxwoods Casino at 1401 South Columbus Boulevard failed to get off the ground.

A large retail complex would front Columbus Boulevard, which the brochure shows plans for a proposed Wawa at Tasker Street and an Aldi supermarket, located near a newly created drive aisle that looks to be an extension of Dickinson Street, the latter would get a new traffic light and extend to the river.

Blatstein couldn’t be reached for comment, but a person close to project said the plan is to be completed it in two phases: the retail portion opening in early 2017, and the residential part would follow at some point.

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Bart Blatstein Now Owns the Former Showboat Casino

Showboat Casino

Showboat Casino after it closed in 2014 (Photo: Dan McQuade)

Last Friday, Stockton University closed on a deal where the school sold the former Showboat Casino to the Philadelphia developer Bart Blatstein.

Stockton originally purchased the old Showboat casino from Caesars Entertainment in 2014 with the intention of using it as a hotel and the centerpiece of their new “island campus.” (Stockton University’s main campus is in Galloway Township, on the mainland near Atlantic City.)

But competing pacts on the site — Caesars said it couldn’t be used as a casino, while the nearby Trump Taj Mahal had a pact saying it could only be used for a casino — held up the conversion. Stockton said Carl Icahn, poised to take control of the Taj as it exits bankruptcy, wanted 1,331 hotel rooms in exchange for waiving the pact. The boondoggle eventually led to the end of Stockton University president Herman Saatkamp’s tenure and an unknown future for the site. Read more »

Plans for Delaware Station Call for Event Spaces, Two Restaurants and Guest Rooms

Delaware Station | Photo: James Jennings

Delaware Station | Photo: James Jennings

The eyes of Bart Blatstein are not solely fixed upon Atlantic City these days. You may recall that he owns a few high-profile sites in Philly as well, including the historic Delaware Power Station in Fishtown.

Blatstein has partnered with Joe Volpe, of Cescaphe Event Group, to redevelop the station near Penn Treaty Park, and more information about their plans has been made known this week, according to PlanPhilly’s Jared Brey.

Volpe presented plans to the Central Delaware Advocacy Group last week (CDAG) that call for two private event spaces (for weddings, corporate events or the like), two restaurants open to the public, and guest rooms in the upper floors specifically for events held at the revamped station. Previous reports said the pair were looking to add a hotel component to the property, so these private guest rooms are a new wrinkle to the plans.

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Blatstein: The Playground in Atlantic City to be 100% Leased in 2016

A rendering of T Street via Tower Investments

A rendering of T Street via Tower Investments

It takes time to get most anything done these days. That’s especially true when you’re trying to revive a $200 million failed whale of a luxury shopping mall into an entertainment destination full of lively bars, high-end shopping, tons of food options and sweeping views of the Atlantic Ocean.

Such is the case with developer Bart Blatstein at the former Pier Shops at Caesars on the boards of Atlantic City. The developer, along with Steelman Partners, is in the midst of a massive transformation project to take it from seldom-visited mall with plenty of empty storefronts to what’s now dubbed The Playground, a development that Blatstein said would help remake Atlantic City into the entertainment capital of the East Coast.

Blatstein bought the mall about a year ago, and announced his plans for The Playground in April. The first phase of the project, a multi-venue music walk and bar scene akin to Beale Street in Memphis called T Street on the building’s first floor, was ready to go for the summer season in June. The build out took about ten weeks, and Blatstein brought in Garces Events to cater the food and beverage menu and staff each venue.

In a traditional scenario, Blatstein told Property, it would take anywhere from 8 to 12 months to put together a lease for retail tenants and build out the space, and it could take up to two years to do the same for a restaurant. Blatstein labeled the turnaround for T Street “a miracle.”

“Instead of it taking two years to do, we did it in the matter of two months,” said the developer, who called the previous operations at the Pier “rudderless” when it was the mall. “When we took it over, it was 60 percent vacant. We will have 100 percent occupancy in 2016 … the turnaround is the story.”

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Plans for Parker Spruce Hotel, Broad & Washington to be Presented This Week

The Parker Spruce Hotel | via Google Street View

The Parker Spruce Hotel | via Google Street View

Temperatures have firmly shifted into sweatshirt and jeans weather, and you know that what means: development presentation season at our local civic associations!

This week is a doozy, especially for those of you who live near the Parker Spruce Hotel and the intersection of Broad and Washington (and a lot of you do), as the local Registered Community Organizations will hear the latest details and provide updates about each of the neighborhood-changing projects.

Here’s more:

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Bart Blatstein Really Is Buying the Old Showboat Casino

Showboat Casino

Showboat Casino on September 1st, 2014, the day after it closed. (Photo: Dan McQuade)

Today, Stockton University officially announced the news that broke earlier this week: The university had agreed to sell the old Showboat casino, which it purchased last year, to Bart Blatstein’s Tower Investments.

The purchase price will be $22 million. Stockton bought it for $18 million last year. Earlier this week, trustees authorized the sale of the site.

“We anticipate this being the culmination of months of effort wending through the court system, untangling a previous contract and allowing us to move forward with a new purchaser,” Stockton interim president Harvey Kesselman said in a release. “The Board of Trustees and I look forward to closing this chapter in Stockton’s history while moving forward with our efforts to grow our commitment to an Atlantic City renaissance.” Read more »

Report: Blatstein Agrees to Buy Former Showboat Casino

Showboat Casino

Showboat Casino after it closed in 2014 (Photo: Dan McQuade)

Bart Blatstein has agreed to buy the former Showboat Casino in Atlantic City from Stockton University, NJBIZ is reporting. The casino, which closed in August 2014, was sold to Stockton University last year for use as a new island campus.

But Trump Entertainment Resorts enforced an old pact between the Trump Taj Mahal and Caesars, Showboat’s owner. That pact prohibited any use of the Showboat for anything but a casino. The collapse of the island campus led to the downfall of Stockton president Herman Saatkamp, which Philadelphia magazine’s Simon van-Zuylen Wood chronicled in a magazine article in March. Read more »

One of Us: Bart Blatstein, Developer

Illustration by Andy Friedman

Illustration by Andy Friedman

My name is … Bart Blatstein. But that’s not my legal name. Bart is short for Barton, but I haven’t used Barton since first grade, for obvious reasons.

I am a … real estate developer with few hobbies. My golf game is so bad that my hobby is real estate development. I’m the worst golfer at my golf club. They all laugh at me.

I bought my first property … on May 15, 1978 — a very small three-story rowhouse shell in Queen Village. It was the result of me not getting into medical school. I had to pursue something.

I live in … Montgomery County, but we’re moving back to Philly next year. We’re empty nesters, and it’s time to transition. Read more »

What’s on the Menu at the Playground

playground-sign-via-playground-940Bart Blatstein’s The Playground opens tomorrow in Atlantic City. And on “T Street,” the indoor street lined with seven live music venues, the food is being provided by Garces Events.

In the time since the project announced, the restaurant group has created a menu of bar snacks, and hand-held foods that are designed for taking from venue to venue, as the Playground allows guests to pass through its venues. The food menu is the same for all of the venues, while the beer lists and custom cocktails are specific to each concept.

For food there are snacks, Mexican pizzas, loaded fries (including the Abe Froman’s topped with bratwurst, cheese curds, and sauerkraut – Garces is just not giving up on Abe Froman), Nashville hot chicken, burgers and a section called “Riviera,” which inexplicably includes German style sausages.

Check out more on the food and drink »

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