Morning Headlines: Eataly Comes to Philly; 38Chestnut Breaks Ground, Without a Space

Radnor Property Group renderings of 38Chestnut.

Radnor Property Group renderings of 38Chestnut.

We have a lot of headlines this morning, so let’s get to it. First of all, to clarify: 38Chestnut will indeed have a space (that being 38th and Chestnut) but its name does not have a space. Think of it as an Apple-minted building and you’ll be all right.

• Foobooz reports that Mario Batali is bringing his food haven, Eataly, to Philly next year and that it may be the old Strawbridge and Clothiers.
Philly.com shares the ironically-titled Philly is Ugly, a time-lapse video that brings out the city’s beauty
Philadelphia Business Journal’s Natalie Kostelni reports on KBS Realty Advisor’s $61 million offer for a King of Prussia office building
• Home sales and median sale prices in Philadelphia and surrounding counties have risen, according to Bucks Local News
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Eataly Coming to Philadelphia

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Strawbridges during Philly Cooks | Photo by Yoni Nimrod

Eater turned us on to this interview with Joe Bastianich, a partner in Mario Batali’s Eataly. Bastianich confirms that the next Eataly location will indeed be in Philadelphia and is about a year out. The where is still unannounced but rumor and speculation have long focused on the ground floor of the old Strawbridge and Clothiers.

Coincidentally, Philadelphia magazine’s Philly Cooks event was thrown in the Strawbridges building last year but won’t return this year, as we’ve been told the building will likely be starting a build-out.

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Marc Vetri On Eataly Philadelphia: “Something Awesome Will Happen” at 8th and Market

marc-vetri-wearing-crab

It’s been almost two years to the day since Marc Vetri tweeted: “At Eataly in New York. I mean seriously. It’s packed to the gills. Could this work in Philly? Because we are ready to bring it if you are.” And the word on the street (for a while) has been that the 50,000-square-feet Mario Batali-backed New York City marketplace has its sights set on the Strawbridge’s Building at 8th and Market streets. So today, I asked Marc Vetri where things stand.
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