Greater Philly mall thread: The good, the bad, and the dead.

Discussion in 'The Suburbs' started by Nytecat, Mar 8, 2016.

  1. Jayfar

    Jayfar I'm very old®

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  2. Nytecat

    Nytecat Well-Known Member

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    The best solution to the Brooklyn Pizza issue would be for them to move into the Qdoba space which has, or could easily have, a separate entrance for operation outside of mall hours. Is TILT open after hours? I never took notice because I'm not there when the mall is closed.

    Yard House at PMM is a nice idea but unfortunately they already have a King of Prussia location. Could Dave and Busters go to Moorestown? I suppose its possible. But I wonder if D&B is starting to spread themselves too thin. Eater-tainment may be supplanting retail at malls, but it too has its limits. Moorestown just lost two sit down restaurants while PMM saw the departure of Uncle Julio's and Elevation Burger. To be fair, Uncle Julio was on the plaza side of the mall and most customers probably think all the sit down joints are on the restaurant side. I also suspect PREIT is charging too much in rent for restaurants.

    I can't read that latest article on Burlington Center as I've reached my article limit. Still, it irks me to no end that Virtua is about to pave over open space when the BCM site will soon be available.
     
  3. dontforget

    dontforget Well-Known Member

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    The former Qdoba space at VTC does have it's own entrance. But, I like the restaurant boulevard better and there are about 3-4 vacant spaces at least currently. There is a former Yogurtland space that still remains vacant, and it's next to the Friendly's. (Yogurtland closed right before Friendly's opened, and I don't know if that was coincidence) I'd think there would be some good cross traffic (eat pizza, then ice-cream) and it'd be easier for luxury apartment dwellers to walk down and do a carry-out. But that's my $0.02 at the moment.

    I went today and the mall was just too quiet for a Saturday afternoon. I think the foodcourt's economics are no longer viable and the large space could be re-used. I was thinking about it again, and maybe the Camden County library could replace the entire food court and then some on the lower level. There is natural light from above which is kind of nice. I still also think Victoria Secret and Bath & Body Works would do better at the Eagle Plaza which is getting a facelift and it's just a move within Voorhees (so the township wouldn't lose). Payless also closed its Lindenwold Station location but kept the VTC site. But it's in bankruptcy and likely not a reliable tenant anyways. With these changes, it would hurt the remaining retail (Adventureland, for example) but the retail (outside of Boscovs) in the mall is pretty nonexistant.

    I went also to Moorestown Mall today and then the new Wal-Mart on 73. Wal-Mart for a long time was pushing to get into Mt. Laurel, even though Mt Laurel is more dominated by Wegmans, Target and Costco. Anyways, the Wal-Mart isn't all that large for all that fight. According to the Courier Post, it's 90,000 sq. ft.
    https://www.courierpostonline.com/s...g-giveaways-food-family-activities/673025002/

    Walmart Now Has 6 Types Of Stores

    What I'm glad is the traffic pattern has changed in the 73/Fellowship Rd. intersection. If the timing was better (e.g. macy's had closed two years prior, that Wal-Mart could have gotten a much larger space at the Moorestown Mall and 38 facing and more accessible for majority of Mt Laurel and Moorestown). Wal-Mart probably settled for a smaller store than what it builds elsewhere.

    I think PREIT is likely charging high rent for the restaurants and pushing too much upscale in the mall area, as I guess they want to make use of their liquor licenses. In the mall, I saw advertising for a restaurant week event and they listed the restaurants in Cherry Hill Mall and Moorestown Mall together. Honestly, it was the first time that I saw PREIT advertise the two malls together in any fashion.

    But the more known restaurants around Moorestown Mall are probably the Don Pablo, Bertuccis and now Buffalo Wild Wings that surround the mall. It would be full circle if Friendly's returned to the Moorestown Mall. It used to operate there in the early 90's, before the partial mall fire. Then it moved to East Gate Sq. but it lost its lease when East Gate Sq. got a liquor license and made room for Buffalo Wild Wings. As far as entertainment around Moorestown Mall, I think there isn't that much. There is a Playdrome in Cherry Hill, but I think that's far enough and there is Funplex in Mt. Laurel. The latter targets younger kids. Speed Raceway is in Cinnaminson, in a former Acme space I believe. I've seen go Indoor Go Karting recently in a couple malls that I visited in western NY.
     
    #363 dontforget, Jul 14, 2018
    Last edited: Jul 14, 2018
  4. Nytecat

    Nytecat Well-Known Member

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    Another possibility for Brooklyn Pizza may be one of those outward facing storefronts just past the Macy's court. While the Boulevard and the mall portions of VTC aren't far apart, there is a palpable dead zone between the two and something is needed to encourage pedestrian traffic to go from one to the other. An indoor go cart track may be good for VTC or Moorestown but already enough of those around I doubt they'd succeed at both locations.

    Here's a new article that has several mentions of Voorhees and Burlington Center malls. Can New Jersey's Dying Malls Be Saved?

    And here's a northjersey dot com opinion piece on making the Garden State more attractive for millenials. https://www.northjersey.com/story/o...lls-and-millennials-leaving-jersey/662141002/
     
  5. dontforget

    dontforget Well-Known Member

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    Those fronts haven't ever been filled but seem also like somewhat decent spaces. The VTC in general has too much excess retail space like that, and I have no idea how these spaces will all fill.

    I remember when Scotto's Pizza was the pizza tenant at Echelon Mall. At one point of time, it had two locations - one at the upper level by Boscov's, with it's own sit down section, and another presence at the food court. Times have certainly changed. At that time, Sbarro was the pizza tenant at Moorestown Mall. I don't recall the name of the pizza place at Cherry Hill Mall, but I remember and miss the old food court. For a time, Lorenzo's Pizza was there in Voorhees Town Center, which after some absence became another Brooklyn Pizza. Brooklyn's Pizza (came from Burlington Center) into Moorestown is an improvement over Sbarro, in my opinion.

    On another note, JCPenney is actually opening up a new store in Brooklyn:
    J.C. Penney's New Brooklyn Store Is an Interesting Move

    I hope that new location and concept store works well. I understand the Sephora store inside store, and JCPenney not focusing on apparel, but I'm not sure how the appliances at JCPenney works as a business plan. Wouldn't shoppers go to Home Depot, Lowes or Best Buy, before a JCPenney, for appliances?
     
    #365 dontforget, Jul 22, 2018
    Last edited: Jul 22, 2018
  6. Nytecat

    Nytecat Well-Known Member

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    I'm not a fan of Sbarro's either. They always seemed overpriced for what they serve. I don't know exactly when but at some point department stores stopped being department stores and started pushing softlines while deemphasizing hardlines or getting rid of them entirely. I think JCP is both trying to correct that mistake as well as capitalize on the many Sears closings happening. Taking market share from Sears is one thing but who thinks of JCP in the same breath as Best Buy, Home Depot, etc. for major appliances?

    Here's a Business Insider article ripping Main Street Voorhees updated to include Brandywine's rebuttal. I still need to get out there and explore this place first hand. Welcome To Main Street: Truly The Most Depressing Commercial Real Estate Project We've Ever Seen*
     
  7. dontforget

    dontforget Well-Known Member

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    My parents live in Marlton, close to Main Street Voorhees, but when I'm passing it on Evesham Rd, I never think about it, and it's also kind of tucked in more, and kind of boring like an office complex. I feel it's more boutique in nature. I suppose more people have memories of Echelon Mall and what's around there. When I think about Voorhees, what comes to mind is Echelon Mall and area, West Jersey Hospital, now Virtua, it being a hub for Indian food/restaurants and doctor's offices. The 73 development is also new and likely more visible on Voorhees, although it's not that large of a stretch but somewhat an extension of Marlton. However, there is also a considerable demographic change when one leaves Voorhees into West Berlin.
     
    #367 dontforget, Jul 27, 2018
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  8. dontforget

    dontforget Well-Known Member

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    I went to the Hamilton Mall today and I realized that the macy's closed at 8pm. Of course, I parked by the macy's, walked to the foodcourt to get a bite, and macy's had closed when I needed to walk back to my car. It closes at 8pm on Mon, Tues. and Wed, before the mall closes! I spoke to a worker at another in line store, and he mentioned that it was crazy. It likely also hurts business at other stores.

    Originally, I thought it was a decent macy's store and likely should do well, but it must be under performing. I suppose that it doesn't pull in the tourism traffic, that likes heads to the Outlets and the Pier at Caesars. In contrast, JCPenney closes at 9pm and the Boscov's at the former Shore Mall closes at 9:30pm on all weekdays.

    Does Macy's do this at any other Philly region area mall?
     
    #368 dontforget, Jul 31, 2018
    Last edited: Jul 31, 2018
  9. Nytecat

    Nytecat Well-Known Member

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    So, it sounds like when Voorhees wants to shop they go to 73. But for fun and special events they still head to Echelon Mall while Main Street is an afterthought? A crude summary, sure, but that's kinda what it seems like. Anyway, some Voorhees residents recall the township trying to make Main Street their downtown back in the 1990s. That failed and now they're opposed to any plans for VTC that will cost taxpayer money or will leave potential tax revenue on the table.

    A quick check of Macy's website says yes! Macy's used to close at 8:30 midweek during the off season at their lower tier stores. But they've quietly moved that back to 8:00 pm this year. I can understand secondary stores close to Philly closing early. But since the Hamilton Macy's is the only one for the entire south shore, I wouldn't have expected that.
     
  10. dontforget

    dontforget Well-Known Member

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    For Voorhees: In addition, for movies, it's Ritz theater (now AMC) and there are various shopping centers (Ritz center, Eagle Plaza) that have shopping choices and restaurants, and hotels between them. Also, surrounding towns have competing retail choices, and now someone from Marlton would have less reason to shop in Voorhees, but someone from Voorhees would shop more in Marlton, with it's greater selection of stores.

    For the southern NJ shore: for a long time, I thought macy's had a superior position to JCPenney and Boscov's. JCPenney is in the back of the Hamilton mall not facing Black Horse Pike, while Boscov was in a rundown Shore Mall. There are still a couple of mostly dead shopping centers by the Boscov's. However, in some ways, Boscov's has a superior position, being actually closer to the Shore towns for the population there. Say one needs to pick up a pair of clothes. Boscov's is an shorter distance drive from a place like Margate. Still, the Hamilton Mall area is a small hub with a big box center as well, and I'm rather surprised macy's closes early in the summer (before it's even dark) in this mall and before the rest of the mall closes, but perhaps I shouldn't be surprised.
     
    #370 dontforget, Aug 2, 2018
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  11. dontforget

    dontforget Well-Known Member

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    Pei Wei closes Moorestown Mall restaurant:
    https://www.courierpostonline.com/s...i-wei-closes-moorestown-restaurant/897666002/

    According to the article, Pei Wei actually separated from PF Chang's in 2017. I never really understood the point of Pei Wei there, as it would just compete with PF Chang's in Marlton. Unless it was to appease customers who didn't want to travel all the way down 73 to PF Changs. But, IMO, the freestanding pad originally with Potbelly and Pei Wei wasn't really that easily accessible or visible like other sites of the mall.

    I don't think it's a major loss for the mall also, and it wasn't well connected to the mall either. Sprint occupies the other site of the pad (originally PotBelly, later Corner Bakery Cafe). PREIT should secure another non-dining place on that site and keep the dining options on sites, attached to the mall.
     
    #371 dontforget, Aug 3, 2018
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  12. Politburo

    Politburo Well-Known Member

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  13. dontforget

    dontforget Well-Known Member

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    A Burlington/Dick's combination also replaced a macy's in another mall that I'm familiar with, that is, Hunt Valley Mall (now Hunt Valley Town Centre), over 15 years ago.

    I mentioned awhile ago that Burlington would be a good fit for PMM, since Burlington lacks an area tstore and is expanding. The Dick's relocation is similar to what happened in Vineland at Cumberland Mall with PREIT, where Dick's moved from another center into the mall. I'd thought lately even Target would benefit it moved to the PMM mall, in terms of improved visibility, and built a store similar to Christiana at PMM.

    In Moorestown/Mt. Laurel, the Best Buy/Dick's/Barnes & Noble at the East Gate Sq. however is in a pretty decent corridor with supporting flow between these stores. In general, it's not worthwhile for Dick's to relocate to Moorestown Mall, but I'd think worthwhile for Marshall's in another former Kmart anchored center, to relocate to the Moorestown mall.

    From the Courier Post in South Jersey, mentioning new Gap store:

    https://www.courierpostonline.com/s...ll-nj-retail-back-school-september/933649002/

    I'm a little surprised that the Courier Post writer didn't confirm the CH Mall store's fate. I'd be really surprised if Gap kept two Gap stores in west Cherry Hill. It shuttered it's Moorestown Mall location which was positioned between the Cherry Hill Mall and Marlton (outdoor) stores, less than five years ago IIRC.
     
    #373 dontforget, Aug 8, 2018
    Last edited: Aug 8, 2018
  14. ShoshTrvls

    ShoshTrvls Well-Known Member

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    Sun Equity Partners revives a Philadelphia mall by returning it to its roots
     
  15. Nytecat

    Nytecat Well-Known Member

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    Maybe the future of the Cherry Hill Mall Gap is not known yet. It seems unlikely that they'd keep both stores open though.

    Regarding Cheltenham, the article said all the usual stuff about "reinventing" a tired depressed enclosed mall as an outdoor plaza. Nothing really unusual there. And again, nothing said about the loss of what was a valued indoor space that hosted numerous activities besides shopping.

    One thing that irks me about nj.com is that when they go on about dead and dying malls in the Garden State, they pick on Voorhees and Burlington while paying little attention to Ledgewood (currently being demalled) and Phillipsburg (on its last legs). The roof in the former Sears collapsed following a heavy downpour which closed the mall for a short time. They have recovered from that but the long term outlook is much cloudier. Phillipsburg Mall reopens after roof collapse, but for how long?
     
  16. dontforget

    dontforget Well-Known Member

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    I just remember when Gap at Marlton Square opened. My friends from out of town had said they had never seen Gap not inside of a mall and just in a plaza.

    Gap had Cherry Hill, Echelon and Moorestown all open at the same time, and even by standards of that time, it was too many stores close to each other. And then slowly but surely, it closed Echelon (no surprise) and later Moorestown. It operated for years at Deptford Mall as well too, and that is most surprising to close up there, since Deptford isn't an anemic mall.

    The current CH Mall Gap is close to stores like Justice, Vans, Hot Topic and Aeropostale, all stores which attract younger crowds likely better than Gap does now. Maybe one year later after the new store opens, it will close if it's not an outright relocation. The GS Pavilions has J.Jill and Barnes & Noble, which likely fit the Gap (older) demographic, and the lower non mall rent is likely appealing for Gap. When it happens, it will leave Gap without any enclosed mall presence in South Jersey while being off mall instead.
     
    #376 dontforget, Aug 10, 2018
    Last edited: Aug 10, 2018
  17. Nytecat

    Nytecat Well-Known Member

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    Times are definitely changing and traditional mall staples moving to outdoor strip centers is just one example. For at least one place, an outdoor center was the final nail in the coffin. Westbury's Mall at the Source did OK as a secondary mall in the shadow of Roosevelt Field. But when the Galleria at Westbury or whatever its called opened next store, most of the major mall tenants switched over leaving a mostly empty building in its wake.

    I was at King of Prussia this Sunday and they started replacing the old floor tiles near the connector in the Plaza. There's also a sign for a new tenant coming to the flagship space in their Savor dining area called North Italia. It only took them two years to fill this spot. :p
     
  18. Nytecat

    Nytecat Well-Known Member

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  19. dontforget

    dontforget Well-Known Member

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    Speaking of Burlington, I noticed in Marlton the discussed downsizing of that store. I saw from the outside, some redevelopment for another tenant, but I didn't venture inside yet and examine closely. Maybe I will venture inside soon. However, the new space is being constructed to the side on it's front right (not left). Sears Hometown Appliance/Five Below (originally) was on the left side. This is likely to accommodate Sprouts which was discussed above. It's more ideal actually this way, because the entrance to the shopping center will lead one right up to Sprouts.

    Sprouts should also pursue the former Toys R Us spaces in Deptford and in Lawrenceville/Princeton, across Deptford and Quaker Bridge Malls, as they seem to be pretty decent retail sites, across popular malls. The former Toys in Burlington Twp. would be an iffy location, as it's not a major retail hub area, and there is a fairly large new ShopRite and super Walmart so close. Cherry Hill is somewhat oversaturated with grocers. The former CH Toys R Us would be better fit for a TJMaxx return into Cherry Hill.

    The Haddon Twp. mini Target a opened recently, and it was showcased on SNJ Today. I have to check the store out.

    Small-Sized Target Store Opens in Camden County
     
    #379 dontforget, Aug 17, 2018
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  20. dontforget

    dontforget Well-Known Member

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    Sears at Hamilton Mall to close

    This will leave the entire Shore from Ocean county south without a full Sears. I kind of wonder how and if this space at Hamilton Mall will eventually be redeveloped. Perhaps another Burlington/Dick's combination. Burlington's space is unimpressive in the former Shore Mall site. Dick's is in a big box center, Wrangleboro Consumer Square, that is just outside the mall. Not sure if there would be benefit, but I could see advantages to moving to the mall proper.

    While Sears is closing, the Kmart of Somers Point remains open and possibly does better than a typical Kmart without Target nearby. It likely has a lot of seasonal tourist traffic gets into that store, and customers buy items for needs outside of home but at the beach - (beach towels, sunscreen, swimming trunks, etc.), and probably same goes for Toms River Kmart store.

    Also from the Press of AC,
    Egg Harbor Township JR's Fresh Market to close

    This store was notably once a Genuardi's store, whose building is now owned by Safeway. Genuardi's had up to 5 stores in South Jersey, with 4 of them getting the brick facade and same at the time upscale features for a South Jersey grocery store. The one in Voorhees and this Egg Harbor Twp. store will be alike again, unoccupied. The store in Barnegat ended up converting to an Acme after Acme and Safeway grouped together; Cherry Hill (which wasn't brick) completely redone inside into Whole Foods; Marlton site split between Marshall's and Rastelli Market Fresh.

    I wonder if there is any possibility of Acme opening up in this building like it did in Barnegat, although the Barnegat demographics are more affluent, and that store is more tucked in a residential area. As the Press of AC article cited Wal-Mart (in Egg Harbor Twp. area) might be too much competition. I didn't realize that Wal-Mart had such dominance in the area with two Supercenters, just 7 miles apart, one in Mays Landing and the other in Egg Harbor Twp.

    I'd kind of like to see Wegmans coming to Atlantic County and possibly the Hamilton Mall site, but I know it's a pipe dream at this point. Wal-Mart might have saturated parts of the area out.
     
    #380 dontforget, Aug 22, 2018
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  21. Nytecat

    Nytecat Well-Known Member

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    Sorry to see Hamilton Mall Sears get the ax. But the Oxford Valley and Willow Grove locations dodge the bullet for now. The proposed charter school for OVM was turned down earlier this year. Neshaminy board rejects charter school at Oxford Valley Mall And I’m surprised the Willow Grove Sears is hanging on despite being Primarked. Primarked Sears in King of Prussia and Massachusetts have since closed entirely. And if we think Philly has it tough, I read somewhere that after the latest announcement, greater Cincinnati will be down to two Kmarts and one Sears.

    Anyway I paid my final visit to the Quaker Bridge Sears yesterday and signs say it has ten days left. I’m going to hit the Burlington Center Sears next week.
     
  22. dontforget

    dontforget Well-Known Member

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    I went to Moorestown mall, and my guess was right that the large space in the Boscov's wing will be occupied by Shoe Dept Encore, as now it's listed coming soon. Interestingly enough, a smaller traditional Shoe Dept. used to operate by that side of the mall over five years ago. I don't think Shoe Dept. opens smaller traditional stores now, but just opens up larger Shoe Dept. Encore sites.

    HomeSense is also in the works and it's signage is up. It will also get the mall entrance that macy's used to have. I suppose if one wants to get to Sierra Trading Post (opening in 2019) from the mall, one will have to walk into HomeSense. Perhaps it will be a shared store like Marshall's/HomeGoods across the street in the former Kmart center.

    I still don't know how HomeSense will be much different from HomeGoods in product selection in the basic categories, both owned by the TJX companies, and if it makes sense to operate both so near each other, but HomeSense will be larger. Here's an article of a HomeSense that opened in North Jersey:

    Inside the new Homesense store that just opened in N.J. (PHOTOS)

    It looks like there will be more furniture at HomeSense.

    At Moorestown Mall, there are also signs that Five Below will be opening in December. I think it will be at the former Eastern Mountain Sports location, but right now, that site is being used by Spirit Halloween. Speaking of Spirit Halloween, apparently, it's owned by Spencer Gifts (of Egg Harbor Twp. NJ): Spirit Halloween - Wikipedia

    I'm still surprised a little that PREIT wasn't able to persuade Marshall's to open and relocate there instead. A Marshall's would be a bigger draw in that space, even if some internal extension was needed to accommodate that.
     
    #382 dontforget, Aug 28, 2018
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  23. dontforget

    dontforget Well-Known Member

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    JCPenney is in serious trouble:
    How it all went wrong at JCPenney

    I think in the Philly area, Oxford Valley Mall will be most impacted by a loss of JCPenney and possibly Sears, when the time comes. When it happens, I think OVM might make sense as a mixed used center - like Voorhees Town Center, anchored by just one department store, but added a new area of residential, but maybe without the enclosed part of the mall.

    Fortunately, the Philly area has Boscov's. Boscov's will be more easily able to enter some prime malls as well. While Simon might want to redevelop select Sears spaces in a few malls, it's going to concede allow a Boscov take a second closed anchored space. Only so many restaurants can work at the mall. Notably, malls like Quaker Bridge Mall, it won't be able to shut Boscov out. I think even Boscov's can pursue prime dept. anchor spaces like Walden Galleria (Buffalo) and Ross Park Mall (Pittsburgh area). However, Boscov (being privately held) only opens one store per year and can't over-expand too fast either (like pre-recession when it went bankrupt partly from over-expansion when it added too many stores all at once).

    Dillard's could enter the Northeast perhaps with the loss of JCPenney, Lord & Taylor closures and Sears.

    But, many malls will struggle to replace JCPenney or have to do a complete redevelopment project beyond the dept. store space, and that is only if it's viable. Most likely OVM in our area.
     
    #383 dontforget, Aug 30, 2018
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  24. Nytecat

    Nytecat Well-Known Member

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    It would hurt to see JCP go under. In recent years Sears looked hopeless but there was still time for JCP to pull off a turnaround. Now time is running out. The centerpiece of their game plan was to await Sears' death and take as many of their customers as possible. Needless to say, it hasn't happened as quickly as they were hoping.

    PREIT posted a rendering of an updated Plymouth Meeting Mall showing Dave & Buster's joined by the new Burlington. Center Court: In Case You Missed It! - PREIT Apparently Dick's will get the first floor of Macy's while Burl will get the second and possibly third floor. While it would be nice to see them preserve the center atrium with the chandelier and escalators, I'm not counting on that, especially if the third floor goes unused. Construction and asbestos abatement is currently underway including the removal of the vacant Uncle Julio's restaurant. Speaking of Spirit Halloween, this year they're in the American Eagle store space that closed last year. I don't remember where in the mall they set up shop previously.
     
    #384 Nytecat, Aug 31, 2018
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  25. dontforget

    dontforget Well-Known Member

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    Outside of the Philly area, PREIT also owns Wyoming Valley Mall in Wilkes Barre. It had four anchors, but two of them are closing (or might have already closed) that is both Sears and Bon Ton. And JCPenney is kind of in shaky financial condition, leaving only macy's that is strong enough. Basically, this is another mall in PREIT's portfolio, that PREIT will have challenges in the future.

    Boscov's operates in downtown Wilkes Barre. When I passed through, I didn't think the downtown site was all that great and felt rather PREIT's mall is somewhat in a good location, near the highways and it's actually better positioned even than the big box center behind it (where Dick's/ B&N operates). The area around the mall is quite scenic with the mountainous landscape. Anwyays, this is one mall that I'd be interested in over time, to see how it redevelops. I don't think this area is as large as say Lancaster for tourism - but maybe PREIT could convert parts of the mall to outlet mall focus. I think Boscov would benefit relocating to the mall. The Dick's and Barnes & Noble in the big box center closed after a EF2 tornado in June, and might benefit from a move into the mall as well.

    I do have to give PREIT credit, as it finds replacement tenants often. In Valley Mall in Hagerstown, the former macy's will be replaced by a Tilt Studio/One Life Fitness. I didn't think this macy's site (fourth anchor space) was positioned well of the four anchor spots. Contrast this to OVM former Boscov site, similar position - not stellar site, but the difference is PREIT finds some mix of tenants, while the former anchor in OVM has remained vacant for over ten years.
     
    #385 dontforget, Aug 31, 2018
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  26. Nytecat

    Nytecat Well-Known Member

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    Wyoming Valley Mall is going to need a new anchor or two. Hopefully they'll get some soon or the Scranton-Wilkes-Barre region runs the risk of having just one viable mall. Steamtown in downtown Scranton is still a work in progress as far as I know.

    Don't forget (no pun intended) that Franklin Mills has long vacant anchor space too, an old Phar-Mor. That and the old Boscov's at Oxford Valley have languished for over a decade. Someone said that the OVM store was badly deteriorated and that was an added incentive for Boscov's to close it. Whatever the issues are, it's not a good look for Simon to carry around empty anchors for such a long time. Why they tolerate it while PREIT tries to quickly repurpose unused anchor space is a mystery to me.

    The sheriff's sale of the world famous Century III Mall near Pittsburgh has been postponed once again, this time because the mall itself is declaring bankruptcy. Reportedly there are only 12 retail tenants left inside. I'll be very surprised if its still open at year's end or early 2019 at the latest.
     
  27. dontforget

    dontforget Well-Known Member

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    I was in Vegas last week and had a chance to visit the Galleria at Sunset mall in Henderson.

    The macy's in that mall had the same exterior design as the former macy's/strawbridge's in Moorestown Mall. Apparently that macy's was a Robinson May. It must have been built the same time (late 90's/early 2000s) as the former strawbridge's at Moorestown Mall.

    Google Maps

    I wonder if there are any other macy's (or now former macy's) stores with the same exterior design?
     
    #387 dontforget, Sep 9, 2018
    Last edited: Sep 9, 2018
  28. Notcom

    Notcom Version 2.0

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    The Henderson store dates from 1996, while the Moorestown store was 1999 - i.e. post May acquisition - so, yeah, they likely shared the same designers.
     
  29. Nytecat

    Nytecat Well-Known Member

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    True. The Moorestown "Strawbridges" was Strawbridges in name only. But it's I wouldn't have expected it to share a design with buildings as far away as Las Vegas.

    A recent Burlington County Times paints an optimistic view for the future of the Burlington Center Mall site. Editorial: Burlington Center can be reborn I'm not so sure I share that optimism. The commercial real estate in the area has shuffled itself around quite a bit in the last decade. Maybe if the site didn't languish in Moonbeam's hands, they'd have that proposed Costco now and some other store openings. Instead, BCM was left behind and I'm not so sure there's enough additional retail demand to support them no matter what format is chosen.

    And bad news regarding Sears Holdings. They were supposed to release their latest earnings report today but they postponed it until tomorrow. That's not a good sign, not at all. While I don't expect them to say they're declaring bankruptcy or dropping dead, it's going to be pretty grim. UPDATE: Not gonna link any articles, but the report, to me, sounded like what we were expecting and with the usual bad news. It wasn't particularly worse than normal. So why the delay? That freaked out a lot of market watchers.
     
    #389 Nytecat, Sep 13, 2018
    Last edited: Sep 14, 2018
  30. Notcom

    Notcom Version 2.0

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    May - and I would assume other chains as well - were pretty big on standardization: if you picked up a newspaper in Pittsburgh or Houston or Philly you would see the same ad - right down to the motto (only the local name would vary); so if they used an in house architect on both of these, it would not be surprising that they ended up with the same design. I think the L&T's were probably different, since they were both more upscale and smaller, but the main stores were very similar....methinks.
     

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