Promenade Saucon Valley Explained

Promenade Saucon Valley
Location:Center Valley, Pennsylvania, U.S.
Opening Date:October 27, 2006[1]
Developer:Poag and McEwen[2]
Manager:Centennial Advisory Services and MSC[3]
Number Of Stores:55
Parking:Parking lot
Floor Area:475000square feet[4]
Website:Promenade Saucon Valley

Promenade Saucon Valley (formerly The Promenade Shops at Saucon Valley) is a lifestyle center that is located in Center Valley, Pennsylvania.[2] Major stores include American Eagle Outfitters, Banana Republic, Barnes & Noble, Brooks Brothers, Fresh Market, Old Navy, and AMC Theatres with sixteen screens, including an IMAX theater.[5]

History

The lifestyle center opened on October 27, 2006 at a cost of $125 million.[1] [6] A parade was held to celebrate the center's opening.[1] The Promenade is home to the first L.L.Bean outfitter in Pennsylvania.[7]

In January 2020, the center lost several stores, increasing its vacancy to eighteen percent.[8] [9] Several more stores closed during the Promenade's March 17, 2020 to June 5, 2020 COVID-19 pancemic shutdown, increasing vacancy to twenty-five percent.[10] Centennial Advisory Services and MSC took over leasing and management of The Promenade Shops at Saucon Valley in April 2022.[3]

In April 2024, the Promenade Shops at Saucon Valley was renamed Promenade Saucon Valley in April 2024 due to the repositioning of the center and tenant changes.[11] [12]

External links

40.5597°N -75.4114°W

Notes and References

  1. News: Parade to mark Promenade's opening . 4 January 2021 . The Morning Call . October 27, 2006.
  2. News: Blumenau . Kurt . Plenty in store at lifestyle center mall ** Starbucks among new names of 44 tenants in Upper Saucon. ** PROMENADE SHOPS AT SAUCON VALLEY . 4 January 2021 . The Morning Call . August 19, 2006.
  3. News: Popichak . Josh . Management Change Announced at Promenade Shops at Saucon Valley . 3 June 2022 . Saucon Source . 29 April 2022.
  4. News: Bresswein . Kurt . Most on Bethlehem council want to change tower proposal . 4 January 2021 . Lehigh Valley Live . 4 November 2015 . en.
  5. https://www.amctheatres.com/movie-theatres/philadelphia/amc-center-valley-16 AMC Theatres Center Valley website
  6. News: Blumenau . Kurt . Promenade Shops offers a peek ** Area's newest shopping center gives a press tour a week before its opening. . 4 January 2021 . The Morning Call . October 21, 2006.
  7. News: Blumenau . Kurt . Valley bags first L.L. Bean in state ** Maine retailer expected to open in Saucon Valley lifestyle center in October. . 4 January 2021 . The Morning Call . February 22, 2006.
  8. News: Kneller . Ryan . 4 businesses, including Cosi and Crepe Soleil, close at Promenade Shops at Saucon Valley . 4 January 2021 . The Morning Call . January 6, 2020.
  9. News: Sroka-Holzmann . Pamela . 6 more closures add to up to at least a dozen vacancies at the Promenade Shops . 4 January 2021 . Lehigh Valley Live . 7 January 2020 . en.
  10. News: Kneller . Ryan . Promenade Shops at Saucon Valley loses three chains, bringing vacancy rate to about 25% . 4 January 2021 . The Morning Call . August 19, 2020.
  11. News: Kneller . Ryan . ‘Brand refresh’: The Promenade Shops at Saucon Valley gets new name, upgrades . 17 April 2024 . WFMZ . 15 April 2024 . en.
  12. News: Wescoe . Stacy . Popular shopping center debuts new name . 17 April 2024 . Lehigh Valley Business . 15 April 2024.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Promenade Saucon Valley".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.