Promenade at Granite Run explained

Promenade at Granite Run
Location:Media, Pennsylvania
Opening Date: (2018 as the Promenade at Granite Run)
Closing Date: (as Granite Run Mall)
Developer:BET Investments
Owner:BET Investments
Number Of Stores:2 (125 at peak)
Number Of Anchors:2 (3 at peak)
Floors:2
Publictransit: SEPTA Bus:

The Promenade at Granite Run, formerly known as Granite Run Mall, is a mixed-use development in Middletown Township, Delaware County, Pennsylvania, a western suburb of Philadelphia. The mixed use development consists of residential, retail, and entertainment opened in 2018 to replace what was known as the Granite Run Mall, a double-level shopping mall that existed between 1974 and 2015. Two of the original mall tenants, Boscov's and Sears, remained open during the transition.

History

The property originally opened as the Granite Run Mall in 1974 with Gimbels and Sears as the original anchors.[1] In January 1976, JCPenney joined the mall.[2] In 1986, the Gimbels store was converted to Stern's after Allied Stores purchased seven Gimbels locations in the Philadelphia area.[3] In 1989, Stern's closed and was eventually replaced with Boscov's in 1993.[4] In 1998, Simon Property Group and Macerich purchased the mall, with Simon responsible for managing the mall. The Granite Run Mall had a total of 125 stores at its peak.

In the 2000s, The Granite Run Mall saw an increase in vacancies and its owners started exploring options for selling the mall. In February 2011, Simon and Macerich were over 30 days delinquent on the mall's $115 million mortgage, leading to the possibility of a sale or forfeiture of the mall.[5] On April 1, 2011, Simon Property Group gave the mall back to its lender and the lender appointed Madison Marquette as the leasing and management agent.[6] Madison Marquette announced plans to improve lighting, the parking lots, and sidewalks as well as to fill vacancies.[7]

Redevelopment and closure

On September 23, 2013, the Granite Run Mall was sold to BET Investments, a real estate development firm owned by Bruce Toll and Michael Markman, at a cost of $24 million. BET Investments intends to convert the mall into a mixed-use development consisting of residential, retail, and entertainment.[8] [9] The initial plans for the redevelopment project would keep the three anchor stores but would demolish the remainder of the mall and replace it with an outdoor shopping and dining area. The plans also included the construction two four-story apartment buildings with a total of 365 units between them.[10] Other features that were planned in the redevelopment included a larger movie theater and standalone restaurants.[9]

On August 25, 2014, updated plans were revealed for the redevelopment.[11] The three department stores would remain, with the upper level of JCPenney becoming a movie theater, while the interior of the mall will be demolished and turned into an outdoor shopping and dining area with upscale establishments. One four-story luxury apartment building with 385 units will also be constructed. Work on the redevelopment is expected to begin in 2015 or 2016 with completion expected two years after the project begins.[12] The plans were modified again on October 27, 2014, in which two luxury apartments with a total of 388 units would be constructed, one on the site of the movie theater and the other on the site of a former Chi-Chi's restaurant.[13] The redevelopment will take place in two phases. The first phase will demolish the mall interior and build one of the apartment buildings. The second phase will demolish the current movie theater and construct the other apartment building.[14] In January 2015, it was announced the JCPenney store was closing in April as part of a plan to close 39 stores nationwide. As a result, the mall announced plans to demolish the former JCPenney and replace it with new retail space and a movie theater.[15]

The interior of the mall closed on July 1, 2015, with Sears and Boscov's remaining open.[16] On November 9, 2015, the final plans for the mixed-use development were approved by the Middletown Township council, in which the development would be called the Promenade at Granite Run. The demolition of the former mall began in 2016.[17] Construction of the Promenade at Granite Run progressed through 2017, with a formal opening in 2018.[18]

On June 16, 2021, it was announced that Sears would be closing on August 15, 2021, which left Boscov's as the only anchor left.[19]

Currently, the mall sees major traffic from nearby Penncrest High School, which is located across from Pennsylvania Route 352. Many students come to socialize, eat, or exercise after school ends each day.

In popular culture

The Granite Run Mall was originally intended to be the filming location for MallBrats, the sequel to director Kevin Smith's 1995 film Mallrats. However, the plan fell through due to the impending demolition of the mall and Smith's desire to start filming in January 2016; MallBrats was instead planned be filmed at the Exton Square Mall before plans were cancelled in February 2017.[20] [21]

The mall inspired comedy band Gnarkill fronted by Brandon DiCamillo to write the song "Granite Run Mall in the 80s!" from their 2006 album Gnarkill vs. Unkle Matt & the Shitbirdz, featuring references to the Aladdin's Castle arcade.

Notes and References

  1. Web site: Granite Run Mall Fact Sheet. Simon Property Group. October 14, 2010. https://web.archive.org/web/20121011112043/http://www.simon.com/Mall/LeasingSheet/4776_GraniteRunMall_PropFactSheet.pdf. October 11, 2012. dead.
  2. News: 1976-01-01 . Article clipped from Delaware County Daily Times . 2024-05-25 . Delaware County Daily Times . 12.
  3. News: Bivens. Terry. Gimbels To Sell 7 Area Stores Deal Concluded With N.y. Firm. The Philadelphia Inquirer. June 18, 1986. November 30, 2011.
  4. News: Boscov's opens store at Granite Run Mall. August 16, 1993. April 17, 2011. .
  5. News: Logue. Timothy. Granite Run Mall running on empty?. Delaware County Daily Times. February 18, 2011. April 4, 2011. March 30, 2012. https://web.archive.org/web/20120330021351/http://www.delcotimes.com/articles/2011/02/18/business/doc4d5dfd9e2d38a840803002.txt. dead.
  6. Web site: MADISON MARQUETTE ASSUMES OPERATING CONTROL OF GRANITE RUN MALL. April 1, 2011. Madison Marquette. April 3, 2011.
  7. News: Carey. Kathleen E.. New management plans changes at Granite Run Mall. Delaware County Daily Times. April 3, 2011. April 4, 2011.
  8. News: Sullivan. Vince. Granite Run mall sold to group owned by Bruce Toll. Delaware County Daily Times. September 23, 2013. November 5, 2013.
  9. News: Sullivan. Vince. Granite Run's new owner has big plans for Delaware County mall. The Mercury. September 26, 2013. November 5, 2013.
  10. News: Alburger. Bette. Granite Run plan: Save 3 anchor stores, demolish rest of mall. Delaware County Daily Times. November 4, 2013. November 5, 2013.
  11. Web site: Granite Run Mall Final Plan. BET Investments. 11 September 2015.
  12. News: Alburger. Bette. Firm offers update on Granite Run Mall plans. Delaware County Daily Times. August 26, 2014. September 15, 2014.
  13. News: Alburger. Bette. Developer outlines revised plan for Granite Run Mall site. Delaware County Daily Times. October 28, 2014. December 9, 2014.
  14. News: Alburger. Bette. Granite Run Mall developers describe project's timetable. Delaware County Daily Times. November 26, 2014. December 9, 2014.
  15. News: Carey. Kathleen. JC Penney to close Granite Run Mall store in April; Building to be demolished by developer. Delaware County Daily Times. January 8, 2015. January 9, 2015.
  16. News: Alburger. Bette. Doors officially closed at Granite Run Mall. Delaware County Daily Times. July 1, 2015. July 2, 2015.
  17. News: Tricome. Nick. Granite Run site plans get final OK. Delaware County Daily Times. November 9, 2015. November 17, 2015.
  18. News: Krowchenko. Leslie. Promenade rises at Granite Run. Delaware County Daily Times. October 7, 2017. October 19, 2017.
  19. Web site: Granite Run Sears to close in August. 23 June 2021.
  20. News: Lindak. Virginia. MallBrats movie shooting happening in Exton. Daily Local News. West Chester, PA. September 10, 2015. November 21, 2015.
  21. News: McCullough. Brian. Exton Square Mall shakes off loss of 'Mallrats' sequel . Daily Local News. West Chester, PA. February 19, 2017. January 29, 2018.