The rebuilding of Jim's Steaks on South Street in Philadelphia is finally underway and owners are promising a Labor Day 2023 reopening.

A devastating fire over the summer closed the iconic Philadephia cheesesteak restaurant after 47 years at 4th and South, where its trademark black and white deco styling has become a landmark.

Jim’s South St. cheesesteak and hoagie shop posted renderings of their new building on their social media over New Year's along with a message that says they will reopen this year.

“Happy New Year to you and yours. We're beyond thrilled to share some early plans for our rebuild. Can't wait to see you again in 2023!”

Philadelphia Business Journal says Jim's is now in the interior demolition phase of the rebuild. Once everything in the building is cleared out, they plan to open up the new space for additional seating and add a second-floor addition for parties and events.

Restaurant owners say their rebuilding plans had to wait while things were finalized with the insurance company after no conclusive reason was found for the July 29th electrical fire.

Jim's management says they have been working to retain all of its loyal employees during this downtime for the business.

Take a look at the new blueprints for Jim's South Street, posted on their Facebook page.

Hang in there, cheesesteak lovers. Jim's should be back by summer's end.

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