Blatstein And Volpe To Buy Delaware Generating Station From Exelon Corp.

 

DGS2

Delaware Generating Station | Photo: Michael Bixler

Developer Bart Blatstein and caterer Joseph Volpe have signed contracts and entered a purchasing agreement with Exelon Corp for the sale of Delaware Generating Station in Fishtown, reports the Inquirer. The deal is set to close in March. The closing price has yet to be disclosed by both parties.

Blatstein and Volpe’s vision for the 300,000 square foot former power station site includes reusing the main building for two boutique hotels–each with their own 55 foot ceiling ballrooms–river-view apartments, and a marina. Plans do not include retail or industrial use, Blatstein said, according to the Inquirer.

As we reported in late October last year, the global real estate broker Binswanger has been tight-lipped regarding potential bidders, wary of releasing any information until the winning bidder had been officially announced. News today reveals that there were five serious bidders willing to throw their hat in redeveloping the historic, John Windrim-designed industrial property.

 

About the author

Michael Bixler is a writer, photographer, and managing editor of Hidden City Daily. He is a former arts and entertainment reporter with Mountain Xpress weekly in Asheville, North Carolina and a native of South Carolina. Bixler has a keen interest in adaptive reuse, underappreciated architecture, contemporary literature and art, and forward-thinking dialogue about people and place. mmbixler.tumblr.com

Send a message!



6 Comments


  1. Joseph N DiStefano

    Looks like you cribbed that from my Inquirer story. You should cite your source.

    • Check the first sentence, Mr. DiStefano. Citation is front and center.

    • Hey Joe, help me choose which is funnier about your smarmy comment:

      1. That Michael DOES cite you — in the FIRST SENTENCE of his story (as well as the second paragraph), including a link to your story, or
      2. That you have cribbed a number of my stories over the years; you should have cited your source.

  2. Fantastic ! I love that place and it’s a great news that it’s not gonna get knocked down for some uninspiring box on the water. Thank you Mr Blatstein ! How is it that Bart can reuse a power station but so many other developers don’t have the vision for reusing churches , schools etc ? So many treasures are being knocked down for suburban transplants. Thanks again .

  3. Great news , I pass that place all the time. Glad it’s not getting knocked down for some ugly box.

  4. Great news. I wonder who Blatstein’s architects have been for prior developments, and who might be presently consulting on this tasty project.

Leave a Reply

Comment moderation is enabled, no need to resubmit any comments posted.

Recent Posts
Without Remediation, Diamond In The Rough A Risky Play

Without Remediation, Diamond In The Rough A Risky Play

September 22, 2017  |  News

How safe is safe enough? Environmental researcher Coryn Wolk explores the potential public health risks at a youth baseball field built on top of an industrial alloy production site surrounded by an oil refining complex > more

Wayne Junction Moves Forward With Revitalization

Wayne Junction Moves Forward With Revitalization

September 20, 2017  |  News

Developer Ken Weinstein unveils transit-oriented development plans for Wayne Junction district. GroJLart has the story > more

Inside Northeast Philly's Temple Of Ryerss

Inside Northeast Philly’s Temple Of Ryerss

September 19, 2017  |  Harry K's Encyclopedia

Harry K. takes us on a fall field trip to the Ryerss Mansion, an eccentric, little-known house museum in the Great Northeast > more

Unlisted Philadelphia: Locust Theatre

Unlisted Philadelphia: Locust Theatre

September 14, 2017  |  Unlisted Philadelphia

Ben Leech spotlights unique and significant buildings not listed on the Philadelphia Register of Historic Places with his architectural illustration series, Unlisted Philadelphia. In this installment, a marvelous movie house in West Philly > more

Monument Lab: A City-Wide Art Museum That Asks Us To

Monument Lab: A City-Wide Art Museum That Asks Us To “Leave Fingerprints”

September 13, 2017  |  Vantage

We ought to write our own history, say the organizers of Monument Lab, who launch their multi-week public art and civic introspection festival today in the wake of Charlottesville, Dallas, and Durham. Nathaniel Popkin catches up with Monument Lab founder Paul Farber, who asks us all, "What is an appropriate monument for Philadelphia today?" > more

An Original Keeps It Classy On Chestnut Street

An Original Keeps It Classy On Chestnut Street

September 12, 2017  |  The Shadow Knows

From furniture and furnace manufacturing to a 1980s video arcade, 1606 Chestnut Street has kept busy for 127 years. The Shadow has the details on this Center City standout > more