What happened to Granite Run Mall?

On September 23, 2013, the Granite Run Mall was sold to BET Investments, a real estate development firm owned by Bruce Toll and Michael Markman, at a cost of $24 million. BET Investments intends to convert the mall into a mixed-use development consisting of residential, retail, and entertainment.

Who owns Granite Run?

BET Investments
Granite Run/Owners

When did the Granite Run Mall open?

Granite Run/Opened

When was Springfield Mall built?

October 17, 2014
Springfield Town Center/Opened

Who owns the Springfield Mall?

Pennsylvania Real Estate Investment Trust
Simon Property Group
Springfield Mall/Owners

Springfield Mall is owned jointly by the Simon Property Group and the Pennsylvania Real Estate Investment Trust (each with a 50 percent stake), and is managed by PREIT. It is currently anchored by a 192,000 sq ft (17,800 m2) Macy’s and Target, the latter replacing a 186,000 sq ft (17,300 m2) Strawbridge’s anchor store.

What stores are in the Eastfield Mall?

What stores are located in Eastfield Mall? – look store list, shop directory, restaurants and services

  • 99 Restaurant & Pub.
  • A Dollar & Deals.
  • Aeropostale.
  • Bath & Body Works.
  • Beautiful Lady.
  • Bounce Indoor Inflatable Park.
  • Cellular Galaxy.
  • Cherry Hill Photo.

When did Springfield Mall open?

September 19, 1974
Springfield Mall/Opened

Is Eastfield Mall closing?

The three anchors, JCPenney, Macy’s, and Sears closed in 2011, 2016, and 2018, respectively. The movie theater, Cinemark closed in 2020. The mall is managed by Mountain Development….Eastfield Mall.

Wikimedia | © OpenStreetMap
Owner Mountain Development Corp.
No. of stores and services 70+
No. of anchor tenants 3 (all vacant)

Who owns Springfield Mall VA?

Pennsylvania Real Estate Investment Trust
Springfield Town Center/Owners

Who are the developers of Granite Run Mall?

(BET Investments) Developers for the proposed Granite Run Mall site on updated Middletown Township official on some of the details of the site. BET Investments company president Michael Markman explained the plan for a mixed use retail and residential development on the 58-acre property.

Why is the Granite Run Mall in Philadelphia failing?

Granite Run Mall today is not just symptomatic of the state of malls in the country where too many malls were competing for an ever dwindling share of the market. It is also the canary in the coal mine signaling the eventual failure of a large number of malls in the Philadelphia market.

How many apartments are in 50 at Granite Run?

Included will be two luxury apartment complexes on each end of the development totaling 400 apartments. Each complex will include state of the art virtual fitness clubs, a lavish pool and numerous socially engaging amenities. 50 at Granite Run offers apartments in Media with a little something for everybody.

Where is the promenade at Granite Run located?

In the heart of Middletown Township, Delaware County, our location is conveniently just minutes from a SEPTA train station and major highways, so your commute to Philadelphia and the surrounding area will be a breeze. Contact us today for availability and make 50 at Granite Run your new home!