Bankroll Club — a novel, tech-based sports and entertainment heart with a Stephen Starr restaurant — is planning to occupy the Chestnut Street constructing that when housed the landmark Boyd Theater.
A liquor-license utility was not too long ago posted on the constructing at 1910 Chestnut St., as famous on the Philadelphia Industrial Heritage Facebook group. A sign application with the metropolis Planning Commission additionally says the undertaking will occupy the GAP outlet retailer subsequent door, now presently occupied.
Representatives of Bankroll weren’t instantly obtainable for remark. Marc Rayfield, a former CBS Radio government who’s an investor, told The Inquirer in early 2021 that it is going to be a restaurant the place prospects can view video games and different entertainment occasions — like a sports bar.
Bankroll prospects can use a proprietary app to make it a extra immersive expertise.
Starr, listed amongst the traders in public paperwork, will function the restaurant, which is predicted to be on the excessive finish with varied seating choices.
Bankroll’s principal is Paul Martino, a Lansdale-raised Silicon Valley tech start-up specialist who was an early backer of FanDuel, a sports-betting app.
Although phrase has unfold that betting might be a a part of Bankroll, firm officers have instructed group conferences that it’ll not provide a sports e-book or be affiliated with anybody sports e-book. It will take promoting from sports playing in addition to different sources.
The Boyd Theater, a circa-1928 film palace later operated as a Sameric theater, closed in 2002 and fell into disrepair as varied homeowners dithered over potential makes use of whereas historic-preservation advocates lobbied for it.
Pearl Properties, which purchased the theater from Live Nation in 2014, demolished its auditorium in 2015 however maintained its facade for a redevelopment of the property, a block and a half from Rittenhouse Square.
The Boyd and adjoining properties stretch alongside nineteenth, Sansom, and Chestnut Streets and now embody the high-rise referred to as The Harper, a Target retailer, and Okay’Far restaurant.