Redevelopment

Properties

Over the past several years, PREIT has been laser-focused on proactively upgrading our assets to upgrade the shopper experience.  Whether the goal is to fortify an already strong asset like the 2009 redevelopment of Cherry Hill Mall or to reimagine an entire property like Fashion District Philadelphia, PREIT has consistently been ahead of the industry curve.  Through strategic, smart-growth focused planning PREIT continues to transform its vibrant portfolio with an eye on the future of retail.

Take a look at some of our recently completed projects and our robust pipeline.

 

Recently  Completed Projects:

Viewmont Mall
Scranton, PA
Proactive Recapture of Sears.
Remerchandised with DICK’S Sporting Goods / Field & Stream Combination Store and HomeGoods

Magnolia Mall
Florence, SC
Proactive Recapture of Sears.
Remerchandised with Burlington, HomeGoods & FiveBelow

Capital City Mall
Camp Hill, PA
Proactive Recapture of Sears.
Remerchandised with DICK’S Sporting Goods, PA Fine Wine & Good Spirits and more.

Exton Square Mall
Exton, PA
Redevelopment of former Kmart with prototype Whole Foods Market

Mall at Prince Georges
Hyattsville, MD
Refurbished streetscape with external facing fast casual dining & destination retailers

 

Redevelopment Projects in Progress

Fashion District Philadelphia
Philadelphia, PA
Reimagined with Flagship Brands, Designer Outlets, Destination Dining and much more

Woodland Mall
Grand Rapids, MI
Proactive Recapture of Sears.
New-to-market Von Maur and over 50,000 sf of new small shop GLA

Plymouth Meeting Mall
Plymouth Meeting, PA
Anchor Redevelopment of former Macy’s store.

Moorestown Mall
Moorestown, NJ
Anchor redevelopment of former Macy’s store with first-to-market HomeSense, Sierra Trading Post plus Five Below and a Grocer