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

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

  1. Nytecat

    Nytecat Well-Known Member

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    The Auntie Anne's has been gone for at least a few months now. I can't exactly say when they split though. As far as Kay Jewelers goes, I'm surprised but not surprised. We all know about GNC and Bath & Body Works...these are chains that are tend to stick around in even the deadest of malls. Then there's a group of stores that is more hit and miss. Kay Jewelers, Victoria's Secret, and Subway frequently appear in dead malls though they're not as ubiquitous as GNC and B&BW. Chick Fil A is also an enigma. They lingered in Schuylkill Mall until 2010 or so and they stayed at Granite Run until a couple months before its final closure. I was surprised when the Voorhees CFA left earlier this year as the mall wasn't yet that dead.

    Even with today's bloodbath in the retail sector, I'm starting to wonder if the landlord is trying to retain tenants or if they're not renewing leases so they can expedite the building's transition to non retail use.
     
  2. Shadowbat

    Shadowbat Well-Known Member

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  3. dontforget

    dontforget Well-Known Member

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    I read that article and I don't know why an article was written assuming relation between the two. The two outlet malls are quite far apart at 46 miles, serving different markets.

    It's easy getting typical parking lot parking at Gloucester also and likely it tailors to those in the immediate three county area (Camden, Gloucester and maybe Cumberland), where as the Walk is in Atlantic City over multiple blocks, street or other Atlantic City parking, and not really convenient for Camden and Gloucester County residents. Gloucester Outlets is likely making Voorhees and Moorestown Malls less a draw. Fortunately, Deptford Mall is strong enough to co-exist with Gloucester Outlets.
     
  4. Nytecat

    Nytecat Well-Known Member

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    Blaming a downturn at The Walk on the Gloucester outlets sounds like a bit of a stretch to me too. Maybe some shoppers from inner South Jersey counties made the drive to get certain deals before Gloucester opened. But after considering time, gas, and tolls (if taking the expressway), was it really a big draw?

    I made my final visits to the JCPs at Willow Grove and Philadelphia Mills over the weekend. It's slim pickings at this point and now it's mostly store fixtures for sale. I guess Simon will try to poach one of the stores off of Street Road to fill their JCP space and PREIT will seek something "experiential" for Willow Grove as that seems to be their approach lately.
     
  5. Jayfar

    Jayfar I'm very old®

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    #245 Jayfar, Jul 30, 2017
    Last edited: Jul 30, 2017
  6. Jayfar

    Jayfar I'm very old®

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  7. dontforget

    dontforget Well-Known Member

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    I have enjoyed Dan Bell's You Tube videos on dead malls. I wonder if he was there to make one for Voorhees Town Center, or he was just visiting as a guest? I'm not sure a video would be interesting though for someone out of the area, although the upper level would have a lot of empty store fronts for good footage. The NY Times identifies it as a central NJ mall (which it is not).

    I did visit Marley Station Mall after seeing his video, and found the mall not as dead as I thought it would be, though. It was just high vacancy like Exton in some corridors, but not still attracting customers otherwise and enough stores still in business.

    The way PREIT has been neglecting Moorestown Mall, it won't be long before it shifts into the dead mall video touring.
     
  8. Nytecat

    Nytecat Well-Known Member

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    Interesting to see Dan at Voorhees Town Center. I don't expect a video of VTC though. He visited Coventry Mall and said it was very bland and generic. It almost wasn't worth his while. That describes Voorhees' decor to a tee. He probably didn't find the mall's current appearance compelling enough to make a video on.

    Mooorestown is busy in the middle but looks increasingly bare at the extremities except for the movie theater. I'm concerned too but let's see what they're doing with Macy's before we hit the panic button.

    I visited both Cumberland Mall and the Vineland Sears on Saturday and they did not disappoint. Cumberland is doing surprisingly well with only four vacancies among 56 inline spaces. They even have an Aeropostale which is now a rarity in PREIT malls. Many of the other stores are mom and pop and the mall serves a lower income customer base. But for the time being Cumberland appears stable. And the Sears was simply gorgeous vintage retail inside and out. I could try telling you but I think this video I found sums up what I'm trying to say. I'm simply amazed this place survived until 2017. :)

     
  9. dontforget

    dontforget Well-Known Member

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    Nytecat, thanks for sharing the Cumberland/Vineland trip experience!

    I made a recent mall visit myself to the Valley Mall in Hagerstown, MD on a trip from Pittsburgh to DC. It's a PREIT owned mall, that lost Macy's and is losing Sears, with Sears closing soon. It's a one level mall like Moorestown and Cumberland, and maybe around the same size. This mall is doing quite well with few vacancies and many familiar tenants, despite the loss of Macy's and Sears. The mall has JCPenney and The Bon Ton as other anchors.

    What is not surprising is that Macy's had the least visible anchor spot and in the back of the mall. That is, it is not visible from the main mall entrance. It must have been an anchor that was added as an extension. wikipedia history lists that Hecht's was added a later time from the original design of the mall.

    It is by a foodcourt though. And across the former Macy's, is a Target/Kohl's center. I'm not sure if that's good or bad. On one hand, it's better than facing a forest, but not I'm sure if Target/Kohl's helped Macy's at all. If anything, one might be inclined to save money by just going there to Target and Kohl's, instead of Macy's.

    Meanwhile, The Bon Ton has the central location and best anchor spot in the mall and is the first store the eye sees when one enters the mall complex. Sears has a better spot than Macy's, and it might be worthwhile for Boscov to consider opening there. But the mall has a lot of competition with a Target/Kohl's combination, as mentioned, in a center across the Macy's anchor, along the JCPenney and Bon Ton. And there is the Hagerstown Premium Outlets nearby to the Valley Mall. So, in the end, I'm not sure if Boscov would pursue space in the mall, but most likely the Sears site will re-fill before the Macy's site (if it ever does).

    What is interesting is according to wikipedia:
    "On July 22, 2017, it was announced that Bon-Ton would be closing in February 2018 as it lease expires. It will be replaced by Belk in October 2018." That is a lot of department store change.

    Bon-Ton to close Valley Mall store in 2018
     
    #249 dontforget, Aug 3, 2017
    Last edited: Aug 3, 2017
  10. Nytecat

    Nytecat Well-Known Member

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    Thanks for the summary on Valley Mall. The issues of mall layout and how it interacts with surrounding roads, transit, and other retail quickly comes to light with this one. In terms of productivity, Valley Mall is in the middle of the pack for PREIT. Not as good as Cherry Hill or Woodland but better than Logan Valley and Exton.

    Interesting to hear that Belk will be replacing Bon Ton which, as a chain, is almost as endangered as Sears. Does Belk already extend this far north or is Hagerstown an expansion for them?

    Did you get to see any other malls along the way? Francis Scott Key Mall in the Washington exurb of Frederick is another PREIT property.

    Finally, I paid a brief visit to Voorhees today. Kay Jewelers used to really brighten up that corner and now that spot looks extra dead as a result. I'm surprised Payless here isn't closing.
     
  11. dontforget

    dontforget Well-Known Member

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    I haven't visited the Francis Scott Key Mall but I did visit the freestanding Boscov in Frederick (attached to another former dead mall) awhile ago.

    Apparently, Belk has two other stores in Maryland, and Maryland is as far north as it reaches. It does pride itself as a Southern chain so maybe it won't cross the Mason Dixon line into PA. It would be nice though to see a new chain try in the Philly region as Maryland is not so far south from Philly.

    I wonder what will happen to Voorhees Town Center. I think the enclosed part of the mall could be totally converted to some new use like a college campus, but there is likely little interest. It's too bad that South Jersey in general, outside of a few pocket areas, doesn't garner much interest for development and re-development. The latest building craze seems to be happening in the Marlton/Evesham area with luxury apartments, urgent care centers and new stores.
     
  12. Nytecat

    Nytecat Well-Known Member

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    Ah, so you visited the old Frederick Towne Mall then. Dan and Ace both have videos of this facility on Youtube. I wouldn't mind seeing that place either someday. I could understand Belk not wanting to move into PA both because of the Mason-Dixon thing and because Boscov's is already occupying a niche market here. But I wonder if Delaware is a possibility? I came across an article that said that Concord and Dover malls are both facing some challenges going forward. To be sure, Concord looked alive but a bit forlorn the last time I visited. Local malls may need makeovers to stay competitive

    This article touches on Blue Hen Mall, a mall to office transformation in Dover, and Voorhees Town Center as possible strategies for struggling malls to follow. Strangely, they make Voorhees sound like a success story. If only they could bring in doctors, schools, and non-profits as quickly as stores are fleeing. They have one partially furnished office space ready to go next to Boscov's but so far no takers.

    I can think of malls in Austin, Nashville, and Greenville, SC, that are now mainly used by colleges but still maintain varying amounts of publically accessible space. The Mountaineer Mall in West Virginia is largely occupied largely by offices and they have maintained a very vintage looking concourse. The previous owners of the Schuylkill Mall tried to follow that plan but they couldn't bring in enough non-retail tenants fast enough to compensate for departing stores.
     
  13. dontforget

    dontforget Well-Known Member

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    I did indeed go to the Frederick Towne Mall Boscov, but the mall side was locked up when I went. I couldn't re-create the experience from the Youtube video unfortunately.

    Time magazine had an article "The Death and Life of the Shopping Mall" from it's July 31 edition. It's worth checking out, and the article highlights some familiar malls like the Schuylkill Mall as well as King of Prussia.

    There was one part I found interesting on re-use:
    "Some ailing malls have already moved on to a second life. Austin Community College in Texas purchased Highland Mall in 2012 and converted part of it into a tech-driven learning lab and library. In Nashville, Vanderbilt University Medical Center moved into the second floor of the 100 Oaks Mall a few miles from downtown. The Southland Christian Church in Lexington, Ky., bought their nearby mall and transformed part of it into an auditorium"

    Although Voorhees is no Austin, it would be great if a tech-driven learning lab came to Voorhees Town Center. However, Camden County College opened a Rohrer campus in Cherry Hill off Route 70 about 15 years ago (but still looks new relative to their very old buildings on their main campus). It's a nice facility but isolated on Route 70, and not all that large.

    And there is a decent township library in Cherry Hill, Cherry Hill Library, which is worth checking out. It's probably wishful thinking on my part, but facilities like those that are larger and connected into the Voorhees Town Center would be great for Camden County. Back in the late 90s, Mt. Laurel became home to a satellite NJIT campus. NJIT pulled out, and Drexel later affiliated with the campus, and now it's Rowan, but it was a decent satellite campus in South Jersey from then. I don't think a regional university satellite campus would work in Voorhees as it has struggled in Mt. Laurel, but a decent county college satellite campus and new library in VTC would go a long way to make living in the county desirable.

    On another note, I still also wonder what's the fate of Neshaminy and Oxford Valley. In some way, I think these malls should be co-owned. With the macy's closure in these malls, will malls like Neshaminy and Moorestown get any new tenants that are not mom&pop stores? Moorestown is the one that I check in on it the most and there was one new establishment, an eyebrow place that opened up by the Sears, but a number of stores/establishments have been lost. The few the came on board like H&M happened before macy's announced closure. I still wonder had Macy's announced closure six months to one year prior, would H&M have gone into the mall.
     
    #253 dontforget, Aug 12, 2017
    Last edited: Aug 12, 2017
  14. Nytecat

    Nytecat Well-Known Member

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    Those are all good intriguing points. It remains to be seen if anything collegiate can be lured to VTC. It sounds like anyone who wants to open a satellite campus in Camden County has done so and the only way Voorhees will get one is if someone relocates. Still, Echelon Mall was intended to be a complete community center from the beginning with the library, office buildings, and apartments nearby. Maybe an updated library in the mall proper would be a big help with the existing library becoming something else. I wonder how often the topic of the mall comes up at township meetings?

    Malls can do well in the shadow of larger counterparts if they are compact and able to adapt to a changing marketplace. Here are a few big malls followed by a little brother who manages to be successful in their own right. It helps to be in a relatively affluent area.

    Quaker Bridge...MarketFair.
    South Hills Village...Galleria at Mt. Lebanon.
    Towson Town Center...The Shops at Kenilworth.
    Rosedale Center...Har Mar Mall.
    And Seattle's Bellevue Square has two vibrant little indoor properties in the vicinity: Marketplace @ Factoria and Crossroads Bellevue.

    I don't think having the same owner would help Oxford Valley and Neshaminy. Wouldn't a single owner end up favoring one mall over the other? And the loss of Macy's at local malls troubles me a lot. Except for Voorhees, all our failed malls have one thing in common and that's they didn't have a Macy's. Burlington Center didn't truly die until after Macy's left. With that said, I think national retailers will still consider Moorestown and Neshaminy in the short term. But only if they can get space in their highly trafficked middle parts at a favorable rate. And let's hope some local based chains can pick up the slack too. Uncanny, for instance, is now open at three area malls and could become Philly's answer to Boston's Newbury Comics.
     
    #254 Nytecat, Aug 13, 2017
    Last edited: Aug 13, 2017
  15. Nytecat

    Nytecat Well-Known Member

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    Here's an update on Coventry Mall. There have been several major changes including a new mall entrance which goes through the former Gap right next to Sears. The Sears anchor space is now fully occupied and split between Limerick Furniture and Gabe's. What is Gabe's? They are a new to the area discounter best compared to Burlington Coat Factory with blue instead of red as their identifying color. I asked a mall manager why Gabe's didn't have direct mall access. He said that this is their first mall location; all of their other stores are freestanding. No mall access was one of their conditions.

    Except for Pier 1 Imports and TGI Friday's, all stores in the old Sears wing are moving to the main corridor. The empty spaces left here are being marketed for eating and drinking establishments to compliment TGI. Schuylkill Valley Sports, which threatened to leave altogether, is now a seasonal tenant between November and April. Finally, the former Ross space, is going to become a medical clinic.

    Despite all the work and improvements taking place, Coventry can still be considered a dead mall. But compared to Voorhees and Burlington Center, it's amazing to see increasing signs of life for a change.
     
  16. Jayfar

    Jayfar I'm very old®

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    Living in luxury: New wing at KoP Mall a hit | Philly.com
     
  17. Nytecat

    Nytecat Well-Known Member

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    It was interesting to read but I think a tad overoptimistic. While I believe the new wing has met Simon's expectations one year out, I doubt it has exceeded them. Despite being open for a year, there are a few retail spaces in the corridor that have never been occupied. Also, one of the eateries that opened with this section, The Fat Ham, did not survive their first year here. Moreover, the fine dining restaurant space beneath marked simply as "Savor" has yet to open. I think I read a blurb somewhere about a possible tenant coming but so far nothing else.

    At least the article is honest enough to say that most of the corridor's occupants aren't new but stores that relocated from elsewhere in the mall. Several of them moved from just outside Neiman Marcus and those spaces are still vacant. King of Prussia will be fine but today's retail environment is so challenging that even the strongest malls have a noticeable number of spaces going unfilled.
     
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  18. dontforget

    dontforget Well-Known Member

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    The Moorestown Kmart will be closing:
    http://www.courierpostonline.com/st...moorestown-kmart-new-list-closures/598072001/

    This is a Kmart across the Moorestown Mall on Route 38. It was a smaller store than the Marlton one (that one became a Sears Essentials) and this Moorestown location doesn't have a pharmacy. However, it remained one of the last Kmart stores in South Jersey in a wealthy area that is a commuter town to Philly. It survived while Moorestown/Mt. Laurel lacked a Wal-Mart and Target is more east on 38.

    http://www.courierpostonline.com/st...moorestown-kmart-new-list-closures/598072001/

    Although Big Lots can look dingy like a Kmart, I kind of like Big Lots in their product selection and price points, and hope maybe it would consider relocating from the Church Rd. Cherry Hill location possibly over to the Kmart site (off Route 38). Or maybe Acme will relocate from their very close Maple Shade site to here. In general, on 38 should be more attractive than on Church Rd, or Kings Highway, and with the Moorestown address, I don't think this site will stay unoccupied for several years.
     
    #258 dontforget, Aug 24, 2017
    Last edited: Aug 24, 2017
  19. Nytecat

    Nytecat Well-Known Member

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    I've been meaning to visit the Moorestown Kmart as it, like all Kmarts, is on borrowed time. I also see that the Kmart next to Willow Grove Mall is also on the hit list.

    Sears Holdings continues to circle the drain by closing hundreds of stores annually. This show no signs of letting up and they are on pace to close almost 500 locations (mostly Kmarts) this year. Even if they don't set a new record for closings in one year, 2017 will see a larger percentage of their fleet shuttered than ever before. I've reviewed news reports since the beginning of 2017 and this is what I've come up with.

    January 8
    108 K 42 S
    May 19
    18 K 12 S
    June 6
    49 K 17 S
    July 7
    35 K 8 S
    August 21
    28 K 0 S

    So far, that's 238 Kmarts and 79 Sears for a total of 317 locations getting axed this year. I tried to be thorough but it's possible I missed a closing list and the grand total may be even more.

    And to add to my previous post on King of Prussia, it might have come across as unintentionally dismissive of the whole connector project. That is not the case at all. It's something many stakeholders have advocated for years and it greatly enhances pedestrian throughput over the entire complex. This is a big victory that shouldn't be understated. The next hurdle will be improving pedestrian connections to adjacent activity centers like the movie theater and to the new King of Prussia Town Center. The latter might prove impractical but it's worth pursuing if a way can be found to make it happen.
     
  20. dontforget

    dontforget Well-Known Member

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    I kind of wonder if and if Sears does survive - maybe after Kmart is completely closed down, and perhaps assuming Sears is acquired and under new ownership/management, if Sears could start selling some of the household items one gets at a Kmart, kind of like Sears Essentials but this time it would be Sears mall anchor stores selling the household items.

    The Sears in Moorestown Mall (and maybe Willow Grove) could be used as a test format, while Kmart across the street closes. So instead of having large departments of uninspiring apparel, it has aisles of everyday products, like Health and Beauty Care, similar to what you also find at Target. Target has been successful at malls (like Christiana) so it would be blend of Target and what is traditionally Sears. But, this is wishful thinking for expecting a new format for Sears, as it's in a winding down process.

    In Atlantic County, Sears operates in the Hamilton Mall and the Kmart in Somers Pt. is still open. It will be interesting if Sears can sell one of these stores, as I think it's good real estate (relative to some of the remaining Kmarts). I believe Atlantic County might be able to support a second Target site and the Somers Pt. Kmart could be a good site for it, as Somers Pt is spaced far enough from Mays Landing where the current Target is located. And the Sears in Hamilton Mall has a decent highway facing location as well, that it could field interest from some chains.

    Back in 2004, Kmart (pre-Sears merger) sold stores to Home Depot. I wonder why Sears hasn't been selling stores but it is just closing stores without cash proceeds for the closings.
     
    #260 dontforget, Aug 25, 2017
    Last edited: Aug 25, 2017
  21. Nytecat

    Nytecat Well-Known Member

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    Interesting thoughts. I’ve wondered about concepts like that myself. I also agree it sounds like wishful thinking when most pundits are saying we should get rid of excess department stores and not replace them with retail period. So Sears hasn’t been selling their closed buildings? I don’t get it. There’s going to be so little time for their value to increase, if it does, between now and when they’re forced to sell.

    Anyway, one of the things my research on Seattle has uncovered is a little gem called the Lake Forest Park Town Center. There are a number of parallels with Voorhees Town Center, including a semi-isolated location off main highways and the presence of the municipal building, albeit in a detached structure. It’s also a mix of indoor and outdoor shopping. The indoor area is very small and only contains about 21 inline spaces, not including "anchors" Ross and Planet Fitness. You can read more about it here.

    http://mallmanac.blogspot.com/2013/05/enduring-anamolies-town-center-at-lake.html

    This place gets generally rave reviews on Yelp and a lot of people cite Third Place Books. I can see three key differences between VTC and LFPTC.

    1. Forest Park’s small size means no excess or wasted space.
    2. Little competition. Unlike Voorhees, Lake Forest doesn’t have much large scale retail development elsewhere in the town.
    3. The aforementioned Third Place Books.

    The first two ingredients can’t be replicated in Voorhees. But I see an upside to putting a bookstore in VTC if it can be done. Barnes & Noble wouldn’t happen but I wonder if a Books A Million, 2nd and Charles, or maybe even an independent is possible. Ultimately we should get more library guests to visit the mall and vice versa. This could be the spark that VTC needs.
     
  22. dontforget

    dontforget Well-Known Member

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    At this point, I think it would be incredibly hard to attract new retail in VTC. Macy's also might still own it's building at Voorhees and redevelopment might even be so far from happening from current day. The problem is there are too many downscale apartments around the area, that is drags down the overall quality there. More uxury apartments might have the best chance of happening, but there might be apartment glut at the moment over there.

    From a close look in of the mall, I'm surprised Finish Line still operates at VTC, and surprised it hasn't found space in the Gloucester Premium Outlets as the demographic would be there. Finish Line does operate in other outlet malls and it operates in Cherry Hill and Deptford, but not Moorestown. After a certain point, all the familiar chains will be gone inside the mall, except for maybe LensCrafters and a few services.

    As far as Books A Million, it operated a small space in the Cherry Hill Mall, but left the CH Mall rather quickly. For whatever reason, the chain has avoided opening stores in the southwest side of NJ - perhaps because of B&N, but it operates at a former Borders near the Hamilton Mall in Atlantic County, an area where B&N doesn't operate.

    In South Jersey, PREIT needs to do a better job with Moorestown Mall, IMO, as it's location is a strength. It might be a better location for a Books A Million, although it'd compete closely with the B&N. From what I understand, Books A Million trends discount while B&N is more premium, but maybe they can both co-exist.

    I have been to the 2nd & Charles in Harrisburg, and found it to be more of a used book store. The store looked a lot nicer from the outside but less so, once I was in inside.
     
  23. Nytecat

    Nytecat Well-Known Member

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    Anyone who opens a store inside VTC would have to be a risk taker. And risk is something name brand chains have no appetite for in today's market conditions. If an independent, bold bookseller was willing, I'd say go for it! At this point I'm just trying to grasp for something, anything, that can increase the trickle of people now flowing through those doors. Occasional events like flea markets and wrestler autograph sessions bring momentary big crowds. Unfortunately, these visitors buy little from anyone besides the flea markets or Adventureland store respectively.

    I think Finish Line is just waiting to see what happens to Payless. They're trying to renegotiate leases at several locations and I think VTC is one of them. If Payless closes, Finish Line gets to be a big fish in a little pond. I agree the name brand chains will continue to flee until there's virtually none left. But aside from the anchors, the Lake Forest center has no interior national chains either.

    Any idea if the office building that once housed the Star Group has new tenants yet? Or the occupancy for the former Towers Perrin building? If they have a lot of space available, that doesn't bode well for bringing office tenants into the mall itself. In any event, it seems like that crowd was supporting the food court until it fell apart not too long ago. I suspect Qdoba and Chick Fil A exercised co-tenancy clauses to vacate when Macy's left.

    It's just too bad the VTC property and Voorhees' true retail and activity center aren't closer together.
     
  24. dontforget

    dontforget Well-Known Member

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    I mentioned Big Lots above as a potential tenant (for Kmart of Moorestown). Across the Cherry Hill Mall, it operated a former Pathmark anchored shopping center that is getting re-done to accomodate an At Home store. But the plaza is getting a new Big Lots, so Big Lots won't be dingy in the Cherry Hill-Moorestown area, as it will be in a new site, just one spot over.

    What is interesting I think is not only is the former Pathmark redone but a long time vacant Rickels store. And Big Lots (which was in a location originally by TJMaxx). I assume the old Big Lots will be re-facelifted so the shopping center won't have outdated areas anymore. The parking lot was also fully repaved. This shopping center needed this kind of re-hab for a long time, even while Pathmark was in business.

    So, the original Big Lots closed and the store is not open while a new store is coming soon. Were the employees furloughed, or layed off? What do most retail stores do when the move from one site to another? I thought most transition over with minimal disruption to business.
     
    #264 dontforget, Aug 31, 2017
    Last edited: Aug 31, 2017
  25. dontforget

    dontforget Well-Known Member

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    Costco is seeking to build a new store at the Cherry Hill Racetrack. It got me thinking that maybe PREIT could try to lure the chain at Moorestown Mall instead, if the macy's building was razed and the mall ended with an open entrance (like how VTC was re-designed). Lord & Taylor would get some signage facing 38. Then the extra space could be used for Costco as a key anchor (without a mall entrance).It's upscale among the warehouse outlets and might fit in fine.

    Costco coming to Cherry Hill, not everyone is thrilled

    There is a Costco in Mt. Laurel and it might be too close, however, the Moorestown site could attract all the well to do shoppers from Haddonfield and Camden County, and overflow customers from Maple Shade and Marlton, that the racetrack site might just the same. And the racetrack site would be some spot behind the Home Depot, not necessarily a great facing site. If someone from Cherry Hill can't afford to drive the extra 3 miles to Moorestown Mall, he/she likely wouldn't be a Costco member.

    PREIT appears to be chintzy at the moment and not wanting to tear down the macy's site, but it remains questionable if it really has new tenants lined up for the space there.
     
  26. Nytecat

    Nytecat Well-Known Member

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    Like that one guy said in the comments, the Garden State Plaza site was supposed to be more of a mixed use center with work, living, and shopping options together. Adding a big box Costco goes against that. I don't know if PREIT should pursue them for Moorestown. It might be too late already. But PREIT has a lot of space to absorb there and that's one thing a Costco does well. It's worth at least considering.

    Here's an article you'll enjoy...all Gardens State malls from worst to first.

    All 29 New Jersey malls, ranked from worst to best

    It's clear the writer didn't visit all those malls. How he can still consider Harbor Square an enclosed mall is beyond me. I personally would take that out and insert the overlooked Ledgewood Mall in the 28 spot even though it could close anyday now. Some of the other rankings make no sense. There's no way Ocean County Mall should be so low.
     
  27. dontforget

    dontforget Well-Known Member

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    I had a chance to visit the The Mall in Columbia (Columbia, MD) one of Baltimore region's top malls (along with Towson).

    Sears has downsized to the first floor. It's selling mattresses, electronics and hardwares, but a random mix of other items, including a tiny men's apparel section. Sears has come so low, that it can't even effectively operate out of a successful mall.

    Here is a related article indicating on how the top level of the Sears space will be re-purposed:
    Mall in Columbia changes include new retailers, restaurants
     
  28. Nytecat

    Nytecat Well-Known Member

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    The Mall in Columbia sounds like a fun place and hopefully I'll get a chance to check it out some day. It sounds like the fountain will be missed but if it was taking up too much space, I guess this is an acceptable trade off? And it's interesting to read that Uncle Julio's will be moving in. Their first and only foray into the Philadelphia area, at Plymouth Meeting Mall, closed up shop earlier this year.

    I've been trying to keep track of the malls that have closed since the beginning of 2017 to date. This is what I've come up with the closing date given, if available.

    Glen Burnie, MD 1/1/17
    Artegon Marketplace, FL 1/26/17
    Madison Square Mall, AL 1/29/17
    Landmark, VA 1/31/17
    Oak Hollow Mall, NC 3/10/17
    Northwest Mall (Houston) 3/31/17
    Huntley Outlet Mall, IL 4/29/17 when last store Banana Republic Factory closed
    Niagara Square, Ontario 5/1/17
    Carousel, San Bernardino 7/25/17
    Schuylkill Mall… 8/31/17 But Pearl Theatres will remain until December.
    Bristol Mall, Bristol, VA 8/31/17

    I was also told that Long Island's Mall at the Source was locked up during regular business hours in August. I'm trying to determine if this closure is temporary or permanent. And the Huntley Outlet Mall is actually an outdoor mall but I mentioned it anyway that's the kind of mall that is supposed to survive ongoing changes in the retail sector. There's also at least a half dozen additional malls I'm aware of that could close any day now, the largest of which is Cincinnati's Forest Fair Village.
     
  29. Nytecat

    Nytecat Well-Known Member

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    Simon would like to upgrade Dover Mall, but says direct access from Delaware Route 1 is a prerequisite for that. News Journal editorial says not so fast.

    http://www.delawareonline.com/story...dover-mall-needs-more-than-new-road/97597090/

    And here's a summary of mall health in the greater Lehigh Valley. I find it interesting that they include Whitehall Mall as that place is already 90% demalled. Only one small corridor with about 10 shop spaces remains enclosed.

    The state of 9 once-thriving malls in the greater Lehigh Valley
     
  30. dontforget

    dontforget Well-Known Member

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    Thanks for sharing those articles.

    I've never been to Dover Mall, but it shows to have the major anchors common in our area: macy's, JCPenney, Sears and Boscov's. And, it wants more, including another national department store? Is it seeking Nordstrom? I'd be pretty surprised if Nordstrom was interested in return.

    Also, I didn't know the Lehigh Valley has so many malls. I'd like to check out the dying ones like the Phillipsburg (NW NJ) one day. :)
     

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