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PECO Power Plant Update: Hotels Scrapped, Restaurants & Event Spaces Planned

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Since purchasing the former PECO Delaware station for $3 million in August, developer Bart Blatstein and Joe Volpe of Cescaphe Event Group have made some changes to their plans for the 11-acre property. Plan Philly reports that plans to have two boutique hotels on site have been dropped. Now in the works: "Two event spaces for private weddings and corporate gatherings with two restaurants open to the public and blocks of guest rooms on upper floors reserved for events." There will also be surface parking for 400-plus cars. Blatstein told PlanPhilly that if all goes well—he and Volpe are in the middle of meeting with neighborhood associations and stakeholders—work on the property could start next year.

· Developers seek community support for Delaware power station overhaul [PP]
· Blutsten and Volpe buy PECO Delaware Station, hotels planned [Curbed Philly]