Some 20 years ago, real estate developer Bart Blatstein owned a lot in South Philadelphia that eventually became part of the casino project proposed by Foxwoods Casino. That plan failed because of lack of financing.
Now, it is being reported by the Philadelphia Enquirer newspaper that the property will once again be owned by Bart Blatstein who is buying the real estate for $13 million.
Blatstein is expected to convey to the National Lands Trust, a local land conservation organization, a 100-foot wide strip of land along the edge of the Delaware River.
There was no indication just what the remaining property will be used for.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at [email protected].