Grand Plans For Riverfront Hotels, Wedding Halls In Fishtown

Developer Bart Blatstein and caterer Joseph Volpe say they have signed a contract with Exelon Corp. to buy the former Delaware Station electric plant on the Delaware River in the city’s Fishtown section.

The property boast a 1,000-foot stretch of waterfront and includes a pier.

“We envision two boutique hotels, each leading into their own ballrooms with 55-foot-high ceilings,” said Volpe, owner of Cescaphe Event Group, which organizes 600 wedding receptions a year at its five Philadelphia venues.

“It’s a one-of-a-kind property,” said Blatstein, best known for the Piazza at Schmidt’s and other housing-and-retail projects that have helped transform some of the city’s older, grittier neighborhoods.

Read more at http://www.philly.com/philly/business/20150116_Grand_plans_for_riverfront_hotels__wedding_halls_in_Fishtown.html#yu0DdUDgHTFBg6HI.99

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