Fashion District Philadelphia

Fashion District Philadelphia
Fashion District construction showing former Gallery tenant K-Mart location on Filbert and 10th
Location 9th & Market Streets, Philadelphia, Pennsylvania
Opening date 2018[1]
Management Pennsylvania Real Estate Investment Trust
Owner Pennsylvania Real Estate Investment Trust and Macerich
No. of stores and services 3 (130+ at peak)
No. of anchor tenants 2 (4 at peak)
Total retail floor area 1,080,002 sq ft (100,335.5 m2)[1]
No. of floors 4
Parking 2 parking garages
Public transit access 8th Street:
  Broad Street Line Ridge Spur
  PATCO
  Market–Frankford Line
11th Street:
  Market–Frankford Line
Jefferson Station: SEPTA Regional Rail
SEPTA bus: 17, 23, 33, 38, 44, 45, 47, 47M, 48, 61, 62, 78
NJ Transit NJ Transit bus: 400, 401, 402, 404, 406, 408, 409, 410, 412, 414, 417
Website fashiondistrictphiladelphia.com
Jefferson Station access to some former Gallery stores that are open during construction.

Fashion District Philadelphia is a revitalization zone to be anchored by a renovated mall at the former site of The Gallery at Market East. The area was originally planned to be an outlet mall to be called "Fashion Outlets of Philadelphia", but the plans were later changed to be a new "retail district" consisting of clothing stores and a movie theater. Tenants such as H&M and various other chains have signed leases. The new mall is planned to open in 2018.[2] Planners have envisioned that Philadelphia as the sixth largest city does not have a major retail center when even compared with Kansas City, the 37th largest city. The mall is envisioned to fill that "void" that even smaller cities have, to sell items to the Central City market that has only up to now only been available elsewhere. Many of the new retailers planning to open have never had a presence in Center City before.[3]

History

Prior to the Fashion District Philadelphia, the space was once called The Gallery at Market East and was opened in 1977 and was later expanded as Galleries I and II in the early 1980s. The Pennsylvania Real Estate Investment Trust (PREIT) acquired Gallery I in April 2003 from The Rouse Company and Gallery II in the third fiscal quarter of 2004 from the state's Public School Employees' Retirement System. The total complex measures approximately 1,100,000 square feet (100,000 m2) of retail space and at its peak had over 130 stores.

Formerly, the space was anchored by Strawbridge's department store at 8th Street. It is also the main entrance for SEPTA's Jefferson Station at 11th and 12th Streets. The mall also provides access to an underground concourse that connects to the Market-Frankford Line at its 8th and 11th street stations.

In September 2008, the developers of Foxwoods Casino Philadelphia changed their proposed casino location to The Gallery at Market East after receiving opposition from residents near the original proposed site in South Philadelphia. The new proposal was endorsed by both Mayor Michael Nutter and Governor Ed Rendell. The original proposal for the Foxwoods Casino at The Gallery at Market East was for a 3,000-slot-machine casino on two floors currently occupied by Burlington Coat Factory, which would force that store to relocate. However, on February 26, 2009, it was announced that the developers of the Foxwoods Casino were looking to locate their new casino on three floors of the former Strawbridge's store.[4]

In January 2014, it was announced that Kmart would be closing its Gallery store in late April.[5] There are plans to turn the former Kmart space into multiple street-facing stores centered on an atrium and to redevelop the mostly vacant top level of the mall.[6] It was announced in April 2014 that Century 21 would open an anchor store at the mall.[7] In July 2014, Macerich acquired a 50% stake in The Gallery at Market East and invested $106.8 million to redevelop the mall in a joint venture with PREIT.[8] As of 2015 many stores in The Gallery, including most restaurant concessions, have closed in preparation for the renovation.[9]

As of June 19, 2015, the $325 million remodeling of "The Gallery" had been officially approved by the city council, and the legislation had been approved by Philadelphia Mayor Michael Nutter. Demolition started in August 2015, with construction expected to last two years and a grand opening sometime in 2017.[10] According to the website for the Fashions Outlets of Philadelphia, the Burlington and Century 21 anchor stores will remain open during reconstruction.

In August 2017, the developers announced that outlets plan has been abandoned and the mall will instead feature a mix of retail, entertainment, and dining venues, much to that of a traditional shopping mall. The mall will effectively be renamed Fashion District Philadelphia. It was initially slated to reopen in the spring of 2018.[11] However, the decision to move Burlington Coat Factory and add an AMC multiplex led PREIT to delay opening most of the revamped complex until November 2018. The remaining third, including the theater, will open in November 2019.[12]

Transit connections

The following rail stations are connected to The Gallery:

Besides the SEPTA rail connections, various SEPTA city bus routes and New Jersey Transit bus routes have stops next to The Gallery. The Philadelphia Greyhound Terminal, Philadelphia's primary inner city bus station, is located immediately to the north of The Gallery.

References

  1. 1 2 "The Gallery at Market East Property Overview". PREIT. Retrieved 2010-10-14.
  2. ↑ "Outlets are out, H&M and movies are in, as Gallery redevelopers retool".
  3. ↑ "Fashion District Philadelphia adds to the mix".
  4. ↑ Lin, Jennifer (February 26, 2009). "Another casino shift possible in Phila". The Philadelphia Inquirer. Retrieved 2009-02-27.
  5. ↑ Van Allen, Peter (January 23, 2014). "Kmart Closing 2 Philly Stores; 289 Workers Affected". Philadelphia, PA: WCAU-TV. Retrieved January 23, 2014.
  6. ↑ Saffron, Inga (May 3, 2014). "Changing Skyline: Bringing more life to the Gallery". The Philadelphia Inquirer. Retrieved May 5, 2014.
  7. ↑ Hepp, Chris (April 25, 2014). "Discount-apparel retailer Century 21 coming to the Gallery". The Philadelphia Inquirer. Retrieved May 5, 2014.
  8. ↑ DiStefano, Joseph N. (July 31, 2014). "Mall developer Macerich Co. to invest $106.8M in Gallery revival effort". The Philadelphia Inquirer. Retrieved February 15, 2015.
  9. ↑ Russ, Valerie (22 January 2015). "Gallery Mall stores close for planned renovations". Philadelphia Daily News. Retrieved 22 March 2015.
  10. ↑ Carrion, Angelly (June 19, 2015). "The Gallery Redevelopment Is Officially a Go". Philadelphia Magazine. Retrieved July 1, 2015.
  11. ↑ Adelman, Jacob (August 16, 2017). "Outlets are out, H&M and movies are in, as Gallery redevelopers retool". The Philadelphia Inquirer. Retrieved October 18, 2017.
  12. ↑ Suzette Parmley (December 7, 2017). "Fashion District Philadelphia's opening is delayed until November 2018, PREIT CEO says". The Philadelphia Inquirer.

Coordinates: 39°57′07″N 75°09′24″W / 39.952076°N 75.156612°W / 39.952076; -75.156612

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