McFadden's In Northern Liberties Reportedly Closing Its Doors

PHILADELPHIA (CBS) -- McFadden's 3rd St. will reportedly be closing its doors Thursday after a 14-year run in the Northern Liberties location, according to a statement on McFadden's 3rd St. Facebook page.

The statement says the company is focusing on opening a new bar and restaurant in a different Philadelphia location.

The statement reads, in part:

"McFadden's wants to deeply thank their loyal patrons, friends and family for all of their support over the past 14 years. Although it's a tough day on 3rd St, hopes are high for new business ventures."

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