PHILADELPHIA—The lead development partner of the redevelopment of a section of Chestnut Street here says demolition work should begin in weeks on the mixed-use venture valued at between $60 million to $70 million.

The work will involve the demolition of nearly one side of the 1100 block of Chestnut Street to make way for a mix of loft-style apartments and retail space, according to The Inquirer.

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