On one of the first Saturday nights that Osteria was open for business, an arriving customer approached chef-owner Marc Vetri with an urgent question: Where do I park?Vetri glanced out the front door. There were three vacant metered spaces directly in front of the restaurant, and several more across the street. Because it was after 6:30 p.m., the customer didn’t even need to feed the meter. But in this almost-abandoned neighborhood, he was reluctant to take the freebie.
Our advice to aspiring Philadelphia real estate entrepreneurs: If we were you, we’d totally open an off-street parking lot near Broad and Wallace to capitalize off of jittery suburbanites. Then in five years, we would totally sell the space to real estate investors once the great NoLibs/Fishtown gentrification wave makes its way to the currently, err… underutilized area of Broad between Spring Garden and Fairmount. Just sayin’.
[Photo via Brett Thomas/Philadelphia magazine]