Monday, February 6, 2017

Iron Hill to take space at East Market

Natalie Kostelni Reporter Philadelphia Business Journal
Iron Hill Brewery has plans to open a new brewpub at the East Market development under construction at 11th and Market streets in Philadelphia.

The restaurant signed a long-term lease on roughly 8,500 square feet of space that will seat 250 people, have semi-private dining rooms and breakout rooms, as well as an outdoor dining area.

Iron Hill will join Wawa, Design Within Reach and Mom’s Organic Market as tenants in the mixed-use project that has 130,000 square feet of retail space, 175,000 square feet of office space and 322 apartments in its first phase. The restaurant will be the thirteenth for Iron Hill, which has a presence in Philadelphia’s Chestnut Hill neighborhood.

Kevin Finn, president and founder of Iron Hill, said that for the last few years he has been frequently trekking to Philadelphia with his two teenage daughters to visit museums, coffee shops, boutiques and other stores, and took note of all of the activity underway in the city.

“It has been amazing to me to see how the city is transforming,” Finn said. “There’s so much going on and it seemed like a good time to get in. We really, really like this site. It’s the best of both worlds. It has a lot of residential and it's in the heart of Philadelphia.”

When it decides to open up a new restaurant, Iron Hill seeks to be part of the community in which it locates. “That is one of the reasons when we came to Philadelphia, we went to Chestnut Hill,” Finn said.

Finn believes that the East Market project and burgeoning area of Philadelphia will allow Iron Hill to be part of a neighborhood that is on the upswing.

It will initially employ about 100 people. Street Sense, a design firm based in Bethesda, Maryland, and Washington, D.C., will design the space.

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