"Game-changing" plans are set to be unveiled Wednesday night in the development of the former home of the Philadelphia Inquirer and Daily News.
Developer Bart Blatstein, the president and CEO of Tower Investments Inc., says he will unveil plans to build a resort and casino in North Philadelphia.
The Inquirer building, located on the 400 block of North Broad Street, has sat vacant since the newspaper moved to a new location on Market Street.
Blatstein says the "game-changing" plans include a $1 billion complex.
"The sheer size, scope and multi-faceted amenities of this unique resort and casino complex will make it a regional tourism attraction that will ignite other area development and push the prosperity and boundaries of Center City north on Broad Street," said a statement issued Friday.
Press and guests are invited to attend a scheduled unveiling of the designs and plans at a "lavish launch party" Wednesday, during which the name and operations management partner will also be announced.
The plans will be submitted to the Pennsylvania Gaming Control Board (PGCB) prior to a Nov. 15 deadline, the development group says.
Saturday, May 25 2013 11:00 AM EDT2013-05-25 15:00:47 GMT
A South New Jersey business owner comes face to face with a suspected robber threatening him with a knife. Thanks to his 7-year-old family pet, the crook ran off.
A South New Jersey business owner comes face to face with a suspected robber threatening him with a knife. Thanks to his 7-year-old family pet, the crook ran off.
Friday, May 24 2013 7:08 PM EDT2013-05-24 23:08:04 GMT
Busy planning your cook-out or trip down the shore this Memorial Day Weekend? Don't forget about the men and women for whom the holiday is observed.
Busy planning your cook-out or trip down the shore this Memorial Day Weekend? Don't forget about the men and women for whom the holiday is observed. FOX 29's Bruce Gordon spent a day with folks preparing a veterans' cemetery for its day in the spotlight.
Friday, May 24 2013 5:48 PM EDT2013-05-24 21:48:26 GMT
Surveillance video you'll see only on FOX shows chaos just after a police officer opened fire on a man who witnesses say had his hands up to surrender. Police deny that claim.
Surveillance video you'll see only on FOX shows chaos just after a police officer opened fire on a man who witnesses say had his hands up to surrender. Police deny that claim.
Friday, May 24 2013 5:30 PM EDT2013-05-24 21:30:28 GMT
Ocean City is a fabulous family-friendly, shore town that is ready for a fabulous Summer season. From the relaxing beaches to the famous boardwalk, Ocean City is safe, clean and has some of the best food
Ocean City is a fabulous family-friendly, shore town that is ready for a spectacular Summer season.
