More developments in Old City

Apparently, Yaron Properties has plans to revamp some spots in Old City.

The corner of Front & Market as well as the area around the corner of 3rd and Arch seem to be candidates for:

- a hotel
- a Stephen Starr restaurant
- a bank
- a "major national bookstore chain" ::shudder::
- a "5-star quality" spa

Of course, all this is subject to the impressive pressures known to be presented by neighborhood and historic associations -- so a "wait-and-see" attitude seems about right. Oh, and note that discussions about these initiatives have been going on for about two years now -- see "Related Topics" box next to the article in the Philadelphia Business Journal.