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 »
Posts Categorized: Moorestown Retail Space
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 »
Comings and Goings: Dollar General store planned for West Camden Avenue in Moorestown
Plans for a Dollar General store at West Camden Avenue and New Albany Road in the Lenola section of Moorestown have been approved by the Township Planning Board. Seven lots totaling 1.1 acres on the site will be cleared for the 8,990-square-foot store and parking, according to the application, which was passed 9-0 at the March… 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 »
Troubled Moorestown Mall May Get Township’s Assistance to Reinvent Itself
When Moorestown Mall was a month from opening, the builder predicted the project at Route 38 and Lenola Road embodied the future of retailing. The mall “sets a pattern for enclosed mall shopping centers for perhaps 25 years to come,” the president of realty firm Winston-Muss said in the Courier-Post in August 1963. That prediction… Read more »
PREIT Sets Stage for Next Phase of Evolution with Approval of 1,065 Apartment Units at Moorestown Mall
PREIT, today announced that the Company will proceed with its plan to transform its properties into multi-use, sustainable districts with the execution of a rezoning agreement to allow for the addition of up to 1,065 multifamily units and a hotel at Moorestown Mall. Together, with plans to add several thousand units across its portfolio through the… Read more »
South Jersey shopping plaza near the busy ‘3M’ market trades hands
A South Jersey shopping plaza has sold for $5.4 million in a deal that shows both the strength of the busy “3M” market in South Jersey and its influence on neighboring towns. Universal Building & Construction Inc. acquired the 23,228-square-foot Bridgeboro Shopping Center at 80-88 Hartford Road. The shopping center is located within the boundaries… Read more »
