Wednesday, April 13, 2005

Temple Town to Get a Supermarket: Another Positive Development for North Philadelphia

The Fresh Grocer - a Drexel Hill-based supermarket chain with three stores in University City and West Philadelphia - has signed a lease to operate a 24-hour supermarket in Progress Plaza Shopping Center, right next to Temple University on North Broad Street (see story). Fresh Grocer's occupancy will begin after Progress Plaza is renovated and supermarket space is constructed. It is expected that having a strong anchor tenant like Fresh Grocer sign on will encourage private lenders and the Commonwealth to finance the estimated $7-$10 million project. The North Philadelphia renaissance continues.

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