Iron Hill Brewery Set to Reopen Philadelphia and Pennsylvania Locations This Spring
Iron Hill is pouring again at 1150 Market Street by mid-April, six months after filing for bankruptcy with $20M in debt and just $125K in the bank.

Ten days from now, give or take a permitting signature, the taps at 1150 Market Street are expected to flow again. Iron Hill Brewery's Center City Philadelphia location is scheduled to reopen in mid-April 2026, the first of five locations returning under new ownership after the regional brewpub chain filed for Chapter 7 bankruptcy in October 2025 and shuttered all 22 of its restaurants.
The comeback is being led by a group operating as IHB, backed by Rightlane LLC and anchored by co-founder Mark Edelson, who helped start the original Iron Hill in Newark, Delaware, in 1996 alongside Kevin Finn and Kevin Davies. A federal bankruptcy judge approved the acquisition of Iron Hill's trademark and intellectual property, along with the transfer of five restaurant leases, earlier this year. The other four locations slated to reopen are Huntingdon Valley, Wilmington, Hershey, and Lancaster, with timelines running through summer.
The contrast between the chain that collapsed and the one returning is stark. At its peak, Iron Hill operated 22 breweries and employed more than 800 people. Bankruptcy documents revealed more than $20 million in debt and roughly $125,000 cash on hand when the filing came, the result of rapid expansion under a private-equity owner that pushed the brand into South Carolina, Georgia, and beyond. The revived Iron Hill is deliberately leaner: five locations, original leadership, on-site brewing at every spot.
Edelson and his executive team, including Director of Operations Alexis Lundeen, Regional Brewer Matt Gundrum, General Manager Eric Maney, and Chef Walter Weddington III, have promised the familiar bones of what made Iron Hill work: scratch-made food, house-brewed craft beer, and the kind of neighborhood brewpub atmosphere the chain built its reputation on over nearly three decades. Popular menu items, including the cheesesteak egg rolls, are returning alongside outdoor dining space and "thoughtful upgrades" at the Center City location.
The most self-aware signal of the team's mindset is the beer they're debuting at reopening: a new release called "Unfinished Business." Specific details on the style haven't been disclosed yet, but the name doesn't require much interpretation.
"Iron Hill was built on a simple promise: scratch-made food, craft beer, and elevated service in a casual, welcoming atmosphere," Edelson said. "The team and I are honored to bring that promise back to many of the communities that made Iron Hill home."
Chef Weddington framed the return in terms of the people on both sides of the pass. "We're not just reopening a restaurant," he said. "We're creating a gathering place where every guest feels welcomed, and every team member is treated with respect and dignity. This is about people, passion, and perseverance."
For regulars, that last point matters. The abrupt September 2025 closures left hospitality workers across multiple markets without work overnight. The five reopening locations represent not just taproom seats but jobs coming back. The Newtown location, for its part, has already been absorbed by PJ Whelihan's under a separate deal, one illustration of how the footprint is being redistributed rather than simply restored.
Iron Hill's Center City location at 1150 Market Street is slated to lead this resurgence with a planned reopening in mid-April 2026. An exact date remains contingent on permitting. The chain that once collected more than 88 combined awards from the World Beer Cup and the Great American Beer Festival, including 20 consecutive years of wins, is betting that reputation survived the bankruptcy intact. The pour will tell.
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