Replacing Ted's Montana Grill ...?

Since May, when the University of the Arts reclaimed its space on Broad Street near Walnut after 21 years, the crew from the Italian Bistro has been hunting for a new location in the neighborhood.

The search is apparently over. My real estate sources tell me that a deal is now on the table that will put the crew on the northwest corner of Broad and Spruce Streets, where Ted's Montana Grill was. Ted's closed Wednesday after seven years.

I hear that the name will be Fratelli's Italian Bistro, which tells me that the operators are not planning to replicate the old concept, which was middle-of-the-road, red-gravy Italian. Stay tuned.