MarketPlace PHL, LLC is the private partner with the City of Philadelphia in the redevelopment of the food and retail program throughout Philadelphia International Airport. This passenger amenities program includes the 100,000 square-foot retail redevelopment of Terminals A through E, 10,000 square feet of stores and eateries in the new regional terminal, and the 21,000 square-foot retail development in the airport’s new 13-gate international terminal that opened in 2002. The program includes more than 160 in-line stores, restaurants, and services, plus almost 40+ special retail merchandising units.
MarketPlace PHL’s responsibilities include leasing, development and management. MarketPlace PHL is a partnership of MarketPlace Development, a Boston-based retail development firm that partners with airports and airlines to enhance passenger satisfaction and to maximize concessions revenue.
MarketPlace Development (MPD), the managing general partner, is a real estate development firm founded in 1992, specializing in the planning, development and management of retail development projects at airports across the country. Headquartered in Boston, MA, MPD is a recognized leader in transportation, real estate development, retail leasing and management, architecture and design, and forming successful public/private partnerships.
MPD excels in redeveloping existing airport concessions programs, as well as developing and managing concessions programs in new terminals. Since the company was founded, MarketPlace Development has been awarded some of the most challenging projects in the industry in addition to the retail redevelopment at Philadelphia International Airport:
- LaGuardia Airport – Central Terminal Building
MPD is the private partner with the Port Authority of New York & New Jersey in the $18 million redevelopment of the food and retail program at the Central Terminal Building (CTB), the largest of LaGuardia’s four terminals.
- San Francisco International Airport MarketPlace Development, in partnership with the Reininga Corporation, a San Francisco based retail developer, was responsible for the tenant outreach, leasing and construction management of the food & beverage program in the New International Terminal at San Francisco International Airport.
- O’Hare International Airport and Chicago Midway Airport
MarketPlace Development led the planning effort of a three company team selected by the City of Chicago to professionalize 40,000 SF of existing specialty retail and to plan for the implementation of a first-class retail, food & beverage program at O’Hare’s three domestic terminals.
- Detroit Metropolitan Airport
MarketPlace Development worked with Northwest Airlines to provide retail programming and planning advice in the design of a new $940 million, 74-gate terminal.
To find out more about MarketPlace Development,
One Wells Ave., 4th Floor
Newton, MA 02459
To find out more about the MarketPlace PHL, LLC, contact Melwood Hannah at:
Philadelphia International Airport
Upper Level, Terminal E
8500 Essington Avenue
Philadelphia, PA 19153