A new restaurant called Palladino’s, being billed as an upscale steak and seafood house, will be taking over the old Colombo’s space at 1934 E. Passyunk Ave., which was damaged in a fire in August 2012.
Owner Luke Palladino, who already owns four other steakhouses in New Jersey, including two in Atlantic City, is shooting to open in November. The Passyunk Avenue Revitalization Corporation, which we reported last month had purchased the building, signed the least last week and the deal was announced today.
Palladino plans 80 seats inside and another 40 outside “a bold neon sign outside,” says The Insider. He plans a full bar with liquor license, craft cocktail list and a wine list. Though it will be upscale, Palladino told the blog:
In an interview this morning, Palladino explained that while the restaurant will indeed be a steak house – and he does have a new upmarket meatery called LP Steak that opened last year in Northfield – the new restaurant will cater to different budgets.
“The menu will have a lot of range,” he said. “You can select your experience – whether you want to dine small, like $25 [a head], or you want the full experience.” He plans to feature cuts of meat for two or four.
They apparently didn’t like the built-in sidewalk seating, because that was already gone last week.
PARC will renovate the second floor into apartments. The renovation of that building puts the cherry on top of an East Passyunk gateway sundae. PARC also plans a $500,000 renovation to turn the little wedge-shaped plaza at Broad, Passyunk and McKean into a gathering space with new lighting, seating, a fountain and a pergola for events.
That construction should be complete by the fall.