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Blatstein pitching 400,000 square feet of retail for broad and Washington

The proposed “retail hub” for Broad and Washington will include 400,000 square feet of leasable space, according to a commercial real estate listing that went live last week.

The listing describes the project by developer Bart Blatstein as a “vertical shopping center” that will include a parking structure. Another interesting detail is that the site will also include the empty surface lot on other side of 13th Street, if this image with the listing is to be believed.

blat 640x365 Blatstein pitching 400,000 square feet of retail for broad and Washington

Via LoopNet

The Broad and Washington lot is also the proposed site for the Philadelphia Arts Market, championed by Elisabeth Garson, creative director of local advertising agency Garson Design. She said she would know by early February whether a Blatstein will let her set up shop on the lot for this summer.

Meanwhile, Blatstein told KYW:

“It’s very exciting. It’s an opportunity to create a walkable community right there at Broad and Washington,” Blatstein tells KYW Newsradio. He says the area is “under-retailed.”

“Philadelphia has the second-largest downtown population on the east coast, at 180,000 people,” he says. “There’s tremendous growth south of Market, residential-wise, and there’s very little services for the amount of population and traffic in the area.”

Missing from the listing is any rendering of the project or indication whether Blatstein also plans to have a residential component to he development. The lot is zoned CMX-5, which allows for bona fide skyscrapers, so you’d think he’d want to put some apartments or condos in there, right?

pixel Blatstein pitching 400,000 square feet of retail for broad and Washington

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18 Responses to Blatstein pitching 400,000 square feet of retail for broad and Washington

  1. Devin T. January 23, 2014 at 10:46 am #

    My money is on an urban big box complex like those in NYC and DC (Columbia Heights in DC) with an urban Target or major supermarket. I also would not be surprised if Whole Foods either decamps to the location from South Street or maintains two locations in South Philly.

  2. Leanne January 23, 2014 at 11:17 am #

    I do not think Whole Foods is going to leave 10th & South, moving to 13th & Washington isn’t going to gain them any customers, and adding another location a few blocks away doesn’t seem realistic. I’d REALLY like to see Trader Joe’s, and don’t see why that wouldn’t be an option. People have been begging for a bigger/better location in Philly for years. A CB2, Muji or Container Store would be nice, if he is looking for big box retailers.

    • Devin January 23, 2014 at 11:22 am #

      That’s probably true Leanne, the biggest unmet demand for Whole Foods in probably over in UC. A CB2 or Container Store would be great though. TJ’s might run into the same problem as Whole Foods, since there is a rumor going around that another location in coming in at 12th and Chestnut, but maybe the distance is there to justify it.

  3. Lee January 23, 2014 at 11:46 am #

    I think most big-boxers would be successful there, but I imagine that a more general merchandiser (i.e. Target or Walmart) would do much better than a specialty store (i.e. Container Store or CB(1) or CB2). I just don’t know if there is enough draw for a specialty store in that location, how much furniture/containers/etc are you gonna sell to neighbors. Toilet paper and consumables are much more sustainable.

  4. Dan P. January 23, 2014 at 11:54 am #

    TJ’s strategy is generally to occupy smaller spaces in existing buildings at relatively low rents. If any supermarket goes there it’s like to be something similar to what went in at 2nd and Girard.

  5. locustst January 23, 2014 at 3:54 pm #

    No question a Target would kill it, but I also think a specialty big box–e.g. Container Store or Bed Bath and Beyond–would also do very well.

  6. Kevin January 23, 2014 at 7:31 pm #

    A Wegmans please!

    • Lee January 24, 2014 at 9:07 am #

      Man, no major city has a wegmans. I doubt we’ll be the first, and further, I doubt this location would be the first if wegmans did decide to wade into the urban store arena.

      But it should be telling that there isn’t a single wegmans even CLOSE to the core of a major city. Not Boston, NYC, Baltimore, or DC.

      Let’s atleast hope for something that is relatively likely to come…..

  7. Rob January 24, 2014 at 8:10 am #

    I hope it doesn’t look like the suburban style development that is on Columbus blvd.

  8. AnthonyG January 24, 2014 at 9:56 am #

    @Kevin – STFU about Wegman’s. Ain’t happening, ever.

    And why do people want more big supermarkets and big box retailers?? South Philly’s retail stores are finally coming back on Passyunk/Washington/9th St. Supermarkets and big box stores are just going to get you more Pier 72 disasters.

  9. Aaron B January 24, 2014 at 1:32 pm #

    Big Box stores will be the prime candidates for this much retail space.

    It would be really unfortunate to hand over this amazing opportunity to out-of-state corporate interests who will suck all the money out of the neighborhood.

  10. lag January 24, 2014 at 1:51 pm #

    If any grocery store ends up in this project, which the neighborhood would surely benefit from, I hope it’s the South Philly Food Co-op. There’s already a build in community surrounding the initiative which should be attractive to a developer.

  11. Tina Roberts January 24, 2014 at 3:57 pm #

    Blatstein is so corrupt.
    Probably paid off the neighborhood association and he will get what he wants.

  12. jonline January 24, 2014 at 4:43 pm #

    Can I throw in the inane ‘ooh wegman’s’ comment even though wegman’s show absolutely no interest in anything urban?

  13. Sam Martin January 26, 2014 at 2:40 pm #

    A&P is either closing or selling all 18 supermarkets it has in Philly, under Superfresh, Food Basics and Pathmark banners very soon.

  14. Nightman January 27, 2014 at 3:11 pm #

    Wegman’s is planning a downtown location in Boston’s Fenway section.

  15. enneirda January 29, 2014 at 1:01 pm #

    I just hope the exterior is done to reflect the historic character of the city and it doesn’t end up looking like the crap in new jersey strip centers. please, please, please don’t make it look like the suburbs (or the gallery, that’s pretty cheesy too).

  16. Hannah February 1, 2014 at 8:28 am #

    This could be a great opportunity for the area. I am excited and open to all of the above options. Just please NO Bottom Dollar. Lol

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