Iron Hill Brewery & Restaurant’s Center City location will reopen under new management. The move follows the chain’s Chapter 7 bankruptcy filing last year.

The restaurant will return to its former space at 1150 Market Street in Philadelphia. The location will reopen with what ownership described as “thoughtful upgrades.”

The property is owned by National Real Estate Advisors. The firm is leading the repositioning of the former Iron Hill space.

The restaurant originally opened in September 2018. It was part of the East Market development in Center City.

The East Market project is a $1 billion mixed-use development. It sits between 11th and 12th Streets and Market and Chestnut Streets.

The site is located near the Pennsylvania Convention Center. The area benefits from strong foot traffic and tourism demand.

The reopening reflects continued interest in well-located restaurant space. High-visibility urban locations remain attractive to new operators.

The Iron Hill revival is expected to support downtown activity. It also adds momentum to the broader East Market redevelopment.

*Article courtesy of The Philadelphia Business Journal

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