Mayor Nutter spoke of the diversity of North Broad Street in people, interest, and possibilities, and plans to explore opportunities where government can spur growth and development in North Philadelphia and other struggling districts like it. He also sounded rather adamant about securing a new future for the structure.
The Divine Lorraine has been vacant since 2000 and its owners have shown no initiative to revive the property. Unfortunately historic designation did not save most of its priceless interiors from being sold off. A deal to redevelop fell through last year despite promises of state tax credits and Community Development Block Grant funding from the city. Once more there seems to be hope for old lady Lorraine.