Moorestown Mall

Last updated
Moorestown Mall
Moorestownmalllogo.jpg
Moorestown Mall
Location Moorestown, New Jersey, United States
Opening date1963 [1]
DeveloperWinston-Muss Corporation
Owner Pennsylvania Real Estate Investment Trust
No. of stores and services90+
No. of anchor tenants 8 (6 open, 2 vacant)
Total retail floor area 1,059,405 square feet (98,421.9 m2) [1]
No. of floors1 (2 in Boscov's and former Lord & Taylor, 3 in former Sears, closed 2nd floor in the Five Below, HomeSense, Michaels, Planet Fitness, and Sierra Trading Post building)
Public transit accessAiga bus trans.svg NJT logo.svg NJ Transit bus: 317, 407, 413, 414, 418, 457
Website moorestown-mall.com

Moorestown Mall is a shopping mall in Moorestown, New Jersey, owned by Pennsylvania Real Estate Investment Trust. The mall has over 90 stores and is anchored by Boscov's, Five Below, HomeSense, Michaels, Planet Fitness, Sierra Trading Post, & Turn 7 Liquidators. 39°56′37″N74°57′46″W / 39.9436°N 74.9629°W / 39.9436; -74.9629

Contents

History

Moorestown Mall originally opened for business in 1963 with Gimbels, Wanamaker's, and Woolworths as the original anchors. In 1971, Sears built a new store and relocated from Camden, NJ. Gimbels became Stern's in 1986 and closed in 1990. It later became Ports of the World, a new concept by Boscov's only to be converted to Boscov's not long after. Moorestown Mall underwent a partial renovation in 1986 and was completely renovated in 1993-94, [2] after a serious fire damaged the northeast quarter of the mall on December 23, 1992. Wanamaker's became Hecht's in 1995 and was later converted to Strawbridge's. Prior to The Rouse Company's purchase of the center in December 1997, Lord & Taylor had committed to opening a store at the mall. Nordstrom also considered opening a location in South Jersey but they did not commit to the mall's expansion plans. The Strawbridge's store was rebuilt in 1999.

In an attempt to protect the Cherry Hill Mall, a mere 3 miles (4.8 km) away, The Rouse Company acquired the Moorestown Mall. Pennsylvania Real Estate Investment Trust acquired the Cherry Hill Mall, Echelon Mall, Moorestown Mall, Exton Square, Plymouth Meeting Mall, and Gallery at Market East in exchange for Christiana Mall on March 7, 2003. Strawbridge's became Macy's in 2006.

Moorestown Mall in 2012 Moorestown Mall4.JPG
Moorestown Mall in 2012

In 2011, Moorestown residents voted to allow liquor sales at the Moorestown Mall in order to increase revenues at the mall. [3] As a result, several upscale, polished casual restaurants have been opened, highlighted by the Philadelphia region's first Yard House sports-bar restaurant and Distrito, a restaurant from the Garces Group. [4]

On December 22, 2011, PREIT and the Regal Entertainment Group announced their intent to build a new state-of-the-art 56,000 sq ft 12-screen theater known as Regal Moorestown Mall Stadium 12, which will feature the new Regal Premium Experience (RPX). [5] [6] The theater took over the 7-screen United Artists Theaters at the mall, while a formerly adjacent skate park was used as an expansion to the new theater which more than doubled the size of the current theater. [6] Additionally, the development marked the first RPX theater in the market, which features digital projectors, surround sound, 2D and RealD 3D, stadium seating with high-back rocking recliner seats, and Regal Express kiosks for automated ticket purchasing. [5] Although opened with standard theater seats, all screens were renovated less than two years later to include full power reclining seats on all screens. The RPX theater features the same new seating with the addition of tactile sound technology from ButtKicker. [7]

In 2015, the mall's food court was redeveloped and upgraded to provide an enhanced environment that better matches the merchandising mix and upscale demographics.

In recent years, the Moorestown Mall has seen an increase in the vacancy rate, due to declining mall traffic and competition from the larger Cherry Hill Mall located less than 4 miles (6.4 km) away. In 2019, the non-anchor occupancy rate at Moorestown Mall is 82.4%. [8]

On January 4, 2017, Macy's announced that its store would be closing as part of a plan to close 68 stores nationwide. The store closed in March 2017. [9] On February 8, 2018, it was announced that HomeSense, and Sierra Trading Post would be opening in the former Macy's space. [10] HomeSense opened in September 2018, Five Below opening in Winter of 2018 and Sierra Trading Post opening in Winter/Spring 2019. [11] [12]

On August 28, 2019, Lord & Taylor announced that it would also be closing in 2020. [13]

On February 4, 2020, Sears announced they would be closing as well on April 11, 2020 as part of a plan to close 31 stores nationwide which left Boscov's as the only traditional anchor left. [14]

In 2022, it was announced that PREIT, the malls owner, gained approval to build 375 apartments on the property with a 125-room hotel in the works. The number of apartments could reach 1,065 units. [15] Furthermore, Cooper University Health Care will build an ambulatory care facility on the site of the former Sears store [16] which opened in November 2023. [17]

Turn 7 Liquidators opened in the former Lord & Taylor space in 2022.

Anchors

Related Research Articles

<span class="mw-page-title-main">King of Prussia (shopping mall)</span> Shopping mall in Pennsylvania, U.S.

King of Prussia, also referred to as King of Prussia Mall, is a shopping mall located in the community of King of Prussia in Upper Merion Township, Pennsylvania. It is the largest shopping mall in Pennsylvania and the third-largest shopping mall in the United States in terms of gross leasable area. It is an upscale mall with 450 retailers.

<span class="mw-page-title-main">Oxford Valley Mall</span> Shopping mall in Langhorne, Pennsylvania

The Oxford Valley Mall is a two-story shopping mall, managed and 85.5 percent-owned by the Simon Property Group, that is located next to the Sesame Place amusement park near Langhorne in Middletown Township, Bucks County, Pennsylvania. Its department stores are JCPenney and Macy's.

Strawbridge's, formerly Strawbridge & Clothier, was a department store in the northeastern United States, with stores in Pennsylvania, New Jersey, and Delaware. The Center City Philadelphia flagship store was, in its day, a gracious urban emporium. The retailer started adding branch stores starting in the 1930s and, by their zenith in the 1980s, enjoyed annual sales of over a billion dollars By the 1990s, Strawbridge's became part of the May Department Stores conglomerate until May's acquisition by Federated Department Stores on August 30, 2005.

<span class="mw-page-title-main">Fashion District Philadelphia</span> Shopping mall in Pennsylvania, United States

Fashion District Philadelphia is a shopping mall in Philadelphia, Pennsylvania, United States, located in Center City along Market Street. It opened in 2019 on the site of a previous mall known as The Gallery and later renamed The Gallery at Market East.

The Beaver Valley Mall is a regional shopping mall located in Center Township, Pennsylvania, serving Beaver County within the Pittsburgh metropolitan area. It is owned by the Namdar Realty Group. The mall features Boscov's, Dick's Sporting Goods, JCPenney, Rural King, and a U-Haul storage center. It is vastly considered by locals to be a dead mall, with many residents opting for the Ross Park Mall in Ross Township or The Mall at Robinson in Robinson Township, Pennsylvania.

<span class="mw-page-title-main">South Hills Village</span> Shopping mall near Pittsburgh, Pennsylvania, U.S.

South Hills Village is a two-level shopping mall that is located in the Pittsburgh suburbs of Bethel Park and Upper St. Clair Township, Pennsylvania, United States. The mall features Macy's, Target, Dick's Sporting Goods, Barnes & Noble and a future Von Maur store in a space formerly occupied by Sears.

<span class="mw-page-title-main">Neshaminy Mall</span> Shopping mall in Bensalem, Pennsylvania

Neshaminy Mall is a 1,025,297-square-foot (95,253 m2) shopping mall located at U.S. Route 1 and Bristol Road in Bensalem Township, Pennsylvania. The mall was opened in 1968 and was the sixth interior mall constructed in Greater Philadelphia. The Neshaminy Mall is anchored by Boscov's and AMC Theatres and has 40 shops and eateries including a food court that was opened in 1989 and retailers including Barnes & Noble.

<span class="mw-page-title-main">Voorhees Town Center</span> Shopping mall in New Jersey, U.S.

Voorhees Town Center is a regional shopping mall and a residential area located in Voorhees Township, New Jersey. It was built in 1970 and named after Echelon Airfield which was located where the mall stands today. The Echelon Mall was renamed Voorhees Town Center in 2007. Boscov's and Modax Furniture Outlet serve as the anchors of the mall.

<span class="mw-page-title-main">Exton Square Mall</span> Shopping mall

Exton Square Mall is a shopping mall located in the Exton, Pennsylvania in West Whiteland Township in Chester County, Pennsylvania. The mall features a parking garage and food court. It is located at the crossroads of Chester County at the intersection of U.S. Route 30 Business and Pennsylvania Route 100. The mall is anchored by Macy's and Boscov's retail stores and a Round One Entertainment, an arcade and bowling center. It also contains dozens of smaller stores and a food court.

<span class="mw-page-title-main">Deptford Mall</span> Shopping mall in Deptford New Jersey, US

Deptford Mall is a major shopping mall in Deptford Township in Gloucester County, New Jersey. Owned and managed by Macerich, it is the county's only indoor regional shopping center.

<span class="mw-page-title-main">Woodbridge Center</span> Shopping mall in Middlesex County, New Jersey, US

Woodbridge Center is a major two-level shopping mall located in Woodbridge Township, in the U.S. state of New Jersey, at the intersection of U.S. Route 1 and U.S. Route 9. As of 2022, the mall features Macy's, Boscov's, J. C. Penney, and Dick's Sporting Goods.

<span class="mw-page-title-main">Burlington Center Mall</span> Shopping mall in Burlington Township, New Jersey

Burlington Center was a shopping mall located in Burlington Township, New Jersey. It was built by The Rouse Company of Columbia, Maryland. Its anchors were Macy's, JCPenney, and Sears.

Cumberland Mall is a shopping mall located in Vineland, New Jersey, located on Route 47 at Route 55.

<span class="mw-page-title-main">Christiana Mall</span> Shopping mall in Delaware, United States

Christiana Mall is a super-regional shopping mall located between the cities of Newark and Wilmington, Delaware, United States. The single-level enclosed mall is situated at the intersection of Interstate 95 and Delaware Route 1/Delaware Route 7 near the community of Christiana, close to the center of the Northeast megalopolis.

<span class="mw-page-title-main">Plymouth Meeting Mall</span> Shopping mall in Plymouth Meeting, Pennsylvania

The Plymouth Meeting Mall is a 948,000 square feet (88,100 m2) shopping mall that is located in the community of Plymouth Meeting in Plymouth Township, Pennsylvania, approximately 17 miles (27 km) northwest of Center City, Philadelphia.

<span class="mw-page-title-main">Willow Grove Park Mall</span> Shopping mall in Willow Grove, Pennsylvania, United States

Willow Grove Park Mall is a three-story shopping mall located in the community of Willow Grove in Abington Township, Pennsylvania at the intersection of Easton Road and Moreland Road in the Philadelphia suburbs. The Willow Grove Park Mall contains over 120 stores - with Bloomingdale's, Primark, Macy's, Nordstrom Rack, and Tilted 10 as anchor stores - along with several restaurants including The Cheesecake Factory, TGI Fridays, and Yard House. It is owned by Pennsylvania Real Estate Investment Trust (PREIT) and is the third most profitable mall in the Philadelphia area. The mall features a carousel, scenic elevator, and formerly featured a fountain. In October, the fountain was illuminated pink for Breast Cancer Awareness Month.

<span class="mw-page-title-main">Montgomery Mall (Pennsylvania)</span> Shopping mall in Pennsylvania, U.S.

Montgomery Mall is a two-story shopping mall located in the community of Montgomeryville in Montgomery Township, Pennsylvania near the borough of North Wales. The mall, owned by Kohan Retail Investment Group, is located along Pennsylvania Route 309 at the intersection with U.S. Route 202 Business, amidst other commercial development. It contains over 90 stores and eateries and is anchored by Dick's Sporting Goods, JCPenney, Macy's, and Wegmans.

<span class="mw-page-title-main">Harrisburg Mall</span> Shopping mall in Pennsylvania, U.S.

The Harrisburg Mall was a regional mall located just outside Harrisburg in Swatara Township, Pennsylvania. It was the largest mall in the Harrisburg metropolitan area. The anchor store is Bass Pro Shops. There are 2 vacant anchor stores that were once Macy's and Boscov's.

<span class="mw-page-title-main">The Shops at Nanuet</span> Shopping mall in Nanuet, New York

The Shops at Nanuet is a lifestyle center located in Nanuet, New York. It is located at the intersection of New York State Route 59 and Middletown Road and is also accessible via exit 14 of the New York State Thruway. Built on the site of the former Nanuet Mall, the Shops at Nanuet debuted in 2013. As of 2022, The mall currently maintains traditional tenants At Home, Stop & Shop, as well as a Regal Cinemas.

The Centre at Salisbury is an 862,000-square-foot (80,082 m2) super regional mall in Salisbury, Maryland. The mall is the only regional shopping mall in a 60-mile (97 km) radius. The mall's anchor stores include Boscov's, Burlington, and Dick's Sporting Goods. It also features a 16 screen cinema stadium-style Regal Cinemas movie theater. The Centre at Salisbury is the largest shopping mall on the Eastern Shore of Maryland.

References

  1. 1 2 "Moorestown Mall Fact Sheet" (PDF). PREIT. Archived from the original (PDF) on 2011-08-09. Retrieved 2010-10-14.
  2. ↑ "December 3, 1997". January 17, 1998. Archived from the original on January 17, 1998.
  3. ↑ Hefler, Jan (November 9, 2011). "Moorestown repeals liquor ban". The Philadelphia Inquirer . Retrieved November 19, 2011.
  4. ↑ Van Allen, Peter (November 15, 2011). "PREIT plans fine dining at N.J. mall now that town alcohol ban over". Philadelphia Business Journal . Retrieved November 29, 2011.
  5. 1 2 "PREIT to Add 12-Screen, 3D Regal Cinemas Theatre to Moorestown Mall". MarketWatch . December 22, 2011. Retrieved January 4, 2012.
  6. 1 2 Scott, Rob (December 23, 2011). "New Moorestown Mall Theater Will Be State-of-the-Art - Moorestown". Patch Media . NJ Patch. Retrieved January 4, 2012.
  7. ↑ "Regal Entertainment Group's "RPX" in Moorestown, NJ Features Guitammer's "ButtKicker" Brand Low Frequency Transducers to Provide the Ultimate Impact" . Retrieved 2017-02-09.
  8. ↑ Levine-Weinberg, Adam (September 10, 2019). "Will PREIT's Worst Malls Die -- or Will They Evolve?". The Motley Fool. Retrieved October 19, 2019.
  9. ↑ "Macy's at Moorestown Mall to close – The Moorestown Sun". 5 January 2017.
  10. ↑ "HomeSense, Sierra Trading Post Coming To Moorestown Mall". 8 February 2018.
  11. ↑ "Homesense sets Moorestown Mall grand opening". Courier-Post.
  12. ↑ Walsh, Jim. "Moorestown Mall to add Five Below, two restaurants". Courier-Post.
  13. ↑ "Lord & Taylor's Closing Moorestown Mall Store". Moorestown, NJ Patch. August 28, 2019.
  14. ↑ "Kmart and 2 more Sears stores closing; Macy's in NJ remain open". New Jersey 101.5.
  15. ↑ Walsh, Jim. "Cooper filing discloses plans for Moorestown Mall medical center", Courier-Post , January 25, 2022. Accessed February 25, 2022. "A proposed medical facility at Moorestown Mall would bring a dramatic makeover to a long-vacant Sears building.... The planning board earlier this month gave final approval for 375 apartments to rise in the mall’s parking lot. A 125-room hotel is in the works, and the number of apartments could reach 1,065 units in three complexes, according to PREIT."
  16. ↑ "Cooper's largest ambulatory center approved for Moorestown Mall by town's Planning Board".
  17. ↑ "Cooper University Health Care's New Moorestown Campus Opens".
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.