A broad cross-section of Old City’s business community packed the function room at Ristorante Panorama on Front Street last night to start the ball rolling towards a new street fair that organizers hope will re-establish the neighborhood as a premier regional destination.

The meeting, called jointly by the Old City Business Alliance and the Old City District, was the opening round of the planning process for the fair, which will take place on Oct. 12, 2014, during – and as part of – the annualDesignPhiladelphia festival.