Moorestown Mall

Moorestown Mall
Location Moorestown, New Jersey, USA
Opening date 1963[1]
Owner Pennsylvania Real Estate Investment Trust
No. of stores and services 90+
No. of anchor tenants 4
Total retail floor area 1,059,405 square feet (98,421.9 m2)[1]
No. of floors 1
Parking Parking lot
Public transit access NJ Transit NJ Transit bus: 317, 407, 413, 418, 457
Website www.moorestown-mall.com

The 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, Lord & Taylor and Sears.Coordinates: 39°56′37″N 74°57′46″W / 39.9436°N 74.9629°W / 39.9436; -74.9629

History

Originally opened for business in 1963, 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. The Strawbridge's (later Macy's) store was rebuilt in 1999 after the fire. 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.

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.

Moorestown Mall in 2012

The Moorestown Mall lies only 3 miles (4.8 km) away from the Cherry Hill Mall which recently underwent a major expansion to accommodate high end stores, but Moorestown is now undergoing a renovation of its own. Chipotle Mexican Grill has accompanied the new renovation. Activity on the northeast parking lot of the mall yielded a new Pei Wei Asian Diner, along with Potbelly Sandwich Works, opened in summer 2008.

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 and only Yard House and 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.

On January 4, 2017, it was announced that Macy's would be closing as part of a plan to close 68 stores nationwide. The store closed in March 2017.[8]

On February 8, 2018, it was announced that HomeSense, and Sierra Trading Post would be opening in the former Macy's space. It is unknown when these two stores will open.[9]

HomeSense opened in September 2018, Five Below opening in Winter of 2018 and Sierra Trading Post opening in Winter/Spring 2019. [10][11]

References

  1. 1 2 "Moorestown Mall Fact Sheet" (PDF). PREIT. Retrieved 2010-10-14.
  2. ↑ The Rouse Co. acquires Moorestown Mall
  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. ↑ "Macy's at Moorestown Mall to close – The Moorestown Sun". 5 January 2017.
  9. ↑ "HomeSense, Sierra Trading Post Coming To Moorestown Mall". 8 February 2018.
  10. ↑ https://www.courierpostonline.com/story/news/local/south-jersey/2018/09/13/when-does-homesense-open-moorestown-mall/1289599002/
  11. ↑ https://www.courierpostonline.com/story/news/local/south-jersey/2018/09/20/five-below-moorestown-mall-joe-italianos-maplewood-hash-house/1369601002/
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