Moorestown Mall
Total retail floor area 1,059,405 square feet (98,421.9 m2)[1] | | |
No. of floors | 1 (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) | |
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Public transit access | NJ Transit bus: 317, 407, 413, 414, 418, 457 | |
Website | moorestown-mall |
Moorestown Mall is a
History
Moorestown Mall originally opened for business in 1963 with
In an attempt to protect the
In 2011, Moorestown residents voted to allow liquor sales at the Moorestown Mall in order to increase revenues at the mall.
On December 22, 2011, PREIT and the
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.
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]
Turn 7 Liquidators opened in the former Lord & Taylor space in 2022.
Anchors
- Ports of the World)
- Turn 7 Liquidators (Opened in 2022, formerly Lord & Taylor)
- Cooper University Health Care - Moorestown Campus (Formerly Sears)
- Regal Moorestown Mall & RPX Cinemas
Junior Anchors
- Sierra Trading Post, Five Below, all opened in 2019; Michaels opened in 2020 - formerly Wanamaker's, Hecht's, Strawbridge's, and Macy's
References
- ^ PREIT. Archived from the original(PDF) on 2011-08-09. Retrieved 2010-10-14.
- ^ "December 3, 1997". January 17, 1998. Archived from the original on January 17, 1998.
- ^ Hefler, Jan (November 9, 2011). "Moorestown repeals liquor ban". The Philadelphia Inquirer. Retrieved November 19, 2011.
- ^ 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.
- ^ a b "PREIT to Add 12-Screen, 3D Regal Cinemas Theatre to Moorestown Mall". MarketWatch. December 22, 2011. Retrieved January 4, 2012.
- ^ a b Scott, Rob (December 23, 2011). "New Moorestown Mall Theater Will Be State-of-the-Art - Moorestown". Patch Media. NJ Patch. Retrieved January 4, 2012.
- ^ "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.
- ^ Levine-Weinberg, Adam (September 10, 2019). "Will PREIT's Worst Malls Die -- or Will They Evolve?". The Motley Fool. Retrieved October 19, 2019.
- ^ "Macy's at Moorestown Mall to close – The Moorestown Sun". 5 January 2017.
- ^ "HomeSense, Sierra Trading Post Coming To Moorestown Mall". 8 February 2018.
- ^ "Homesense sets Moorestown Mall grand opening". Courier-Post.
- ^ Walsh, Jim. "Moorestown Mall to add Five Below, two restaurants". Courier-Post.
- ^ "Lord & Taylor's Closing Moorestown Mall Store". Moorestown, NJ Patch. August 28, 2019.
- ^ "Kmart and 2 more Sears stores closing; Macy's in NJ remain open". New Jersey 101.5.
- ^ 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."
- ^ "Cooper's largest ambulatory center approved for Moorestown Mall by town's Planning Board".
- ^ "Cooper University Health Care's New Moorestown Campus Opens".