Posts Categorized: Moorestown Retail Space

Moorestown council approves mall redevelopment plan

MOORESTOWN – A proposed hotel and apartment complex at Moorestown Mall has moved closer to reality. Council members voted unanimously Monday night to approve a redevelopment plan for the Route 38 shopping center. The multi-stage project is intended to bring a 112,000-square-foot hotel and up to 1,065 homes to the mall’s parking lot. “We are excited… Read more »

Cooper University Health Care is a big buyer at Moorestown Mall

MOORESTOWN – A planned health care center at Moorestown Mall has already provided a cash infusion to the shopping center’s owner. Cooper University Health Care paid $10.1 million for a former Sears store that is to hold medical offices at the Route 38 complex, according to records posted online by the Burlington County Clerk’s Office…. Read more »

Moorestown Township Council approves mall redevelopment plan with hotel, affordable housing.

 Moorestown Mall redevelopment plan that was moved ahead by Township Council on Monday night could reinvigorate the 84-acre site and also contribute to Moorestown’s obligation to provide affordable housing. Council members voted unanimously in favor of the ordinance on first reading for the “Moorestown Mall Redevelopment Plan,” which would offer tax breaks for some new… Read more »

Moorestown Selling Liquor-Store Licenses with Minimum Bid of $1 Million

MOORESTOWN – Ten years after voters approved the sale of alcoholic beverages here, residents soon could see the arrival of liquor stores. The once-dry township has invited bids for two newly authorized licenses for use by retailers of alcoholic beverages. The minimum bid for each license is $1 million, according to a request for proposals. The… Read more »

Cooper Health Buys Former Sears in Moorestown Mall for Outpatient Facility

A healthcare chain has acquired the former Sears anchor store at a New Jersey mall where it plans to open an outpatient facility. Cooper University Health Care purchased the 165,000-square-foot vacant department store at the Moorestown Mall in Moorestown, New Jersey, from Pennsylvania Real Estate Investment Trust, according to the broker on the sale, Markeim Chalmers of Cherry… Read more »

Moorestown OKs Breweries, Distilleries and Winery Salesrooms in Parts of Town

The Moorestown Township Council unanimously approved allowing breweries, distilleries and winery salesrooms within its borders Monday night. A dry community for nearly 100 years until voters by referendum in 2011 decided it was time to change, Moorestown like many other New Jersey communities now will permit sampling rooms for beer, liquor and wine. The businesses… Read more »

Healthcare Chain To Open Outpatient Facility at Former Sears

A hospital chain will be opening an outpatient facility at a large vacant Sears anchor store in New Jersey, another example of healthcare providers becoming a growing category of mall tenants. Cooper University Health Care is taking more than 165,000 square feet at the former department store site at Moorestown Mall, which is located outside Philadelphia in… Read more »

Redevelopment plan for Moorestown Mall backed by Planning Board.

The troubled Moorestown Mall should be designated an “area in need of redevelopment,” the township Planning Board voted unanimously Thursday night. That legal designation would open the possibility of property tax breaks for mall owner Pennsylvania Real Estate Investment Trust (PREIT) or others developing and improving the site. PREIT on January 11 announced it plans for as many… Read more »