BART BLATSTEIN is getting down to business on Broad Street.
The real-estate developer announced Tuesday that he's ready to begin converting the former State Office Building at Broad and Spring Garden streets into Tower Place, a luxury-apartment-and-retail complex.
"I'm in love with North Broad, and I'm ready to bring it through a transformation back to the splendor it once had," said Blatstein.
He bought the building from the state in July for $21 million and spent the intervening period preparing for his two-phase construction project. Phase 1, which starts next week, will convert the former office building into 204 luxury apartments by the end of 2012.