Hurdle Remains For May The Company Has The Market. Sign in . A number of sources that LevittownNow.com has talked with over the past two years have stated officials from the mall and Simon Property Group have floated a proposal to redevelop the1,336,000-square-foot complex. close search. The mall, rather than being completely demolished, would be rejuvenated and reimagined for the future. This Bucks County mall is anchored by Lord & Taylor, Macys, JCPenney, and Sears, and features over 170 stores and restaurants. Toward Boscovs
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. It also features a 16 screen cinema stadium-style Regal Cinemas movie theater. Other portions of the ever-changing plan that Simon Property Group has floated include adding eateries, a lifestyle complex, new retailers, and refreshed office space. [11] In 1997, Hecht's became Strawbridge's after its parent company, May Department Stores, acquired the Strawbridge's chain. / MoneyWatch. It was one of many brick-and-mortar stores forced to temporarily close. Click . There will be two four-story residential buildings each with their own parking garage on approximately 20 acres. Simon is very interested in future redevelopment potential for the mall and has been looking at numerous development options over the years, said Denise Yarnoff, an attorney representing Simon Property Group. The anchor store is Bass Pro Shops. Oxford Valley Mall. Macys announced in February 2021 that it would close two stores in California in the first quarter of 2021. A look from high-end fashion to abandoned anchors, More:Schools out. Get browser notifications for breaking news, live events, and exclusive reporting. General Mall Hours ~ What Time does the Mall Open/Close Today? First name. [14] The Boscov's store closed in 2008 as part of their restructuring. They would feature a fitness center, indoor and outdoor common spaces, dog park, pools, and full-time management, maintenance, and concierge services like dog walking on site. ", Appearing downcast, Bensalem's mayor said the owners of the mall recently came to him seeking solutions. Of the four stores, the former Boscov's has been empty since 2008 and the Sears closed earlier this year. Anchored by Macy's and JCPenney, Oxford Valley Mall makes shopping all it is supposed to be - fun, fulfilling, and full of surprises! Restaurants, retailers, and health and wellness are just a few of the potential focal points that have been listed thus far. The Oxford Valley Mall has worked to keep up with the changes in shopping culture over the years and has always been a destination in Lower Bucks County. It is owned by Pennsylvania Real Estate Investment Trust (PREIT) and is the third most profitable mall in the Philadelphia area. Ft. 3136 Stanford Ave, Venice, CA 90292. Despite this, Macys has managed to remain open because it has shifted its focus to being a full-service department store rather than a mall store. In September 2018, the owners of Neshaminy Mall announced that the shopping center would be closing down. The hours are Monday through Saturday from 10am to 9pm and Sunday from 11am to 6pm. They had a sign that said that they were reopening today, Monday, June 29. Check In. Ask Doodles336 about Oxford Valley Mall. According to documents submitted by Brookfield to the county, Round 1 Bowling & Amusement had signed a lease to operate in a part of the former Sears department store at Neshaminy Mall, but "the deal fell through and they will no longer occupy the space.". The assessed value is a calculation used by governments in figuring out the rate oftax, and it rarely changes. US. Langhorne, PA. . The malls demise accelerated in 2010 as a result of the financial crisis, and it came to an end in 2018. The mall is the only regional shopping mall in a 60-mile (97km) radius. News provided by The Associated Press. Few other commercial property owners in Middletown sought a lower property value, and in turn a reduced tax bill. So, while the rumors of Oxford Valley Mall closing have been greatly exaggerated, the mall is undergoing a major transformation. The sad state of the Neshaminy and Oxford Valley malls could result in higher property taxes for the rest of Bensalem and Middletown and lead to cuts to local services and schools. Title question - for those in the know and local, is this place dying or coming back to life? Now, like many large shopping malls, it has seen better days. Designed by Elegant Themes | Powered by WordPress, The Unsettling Reality Of Fitting Room Cameras In Malls, The Daraz Mall: A Popular Shopping Destination In The Heart Of The City, Different Ways To Get To Ontario Mills Mall, Yorkdale Shopping Centre: Torontos Premier Retail Destination, Is Your Shop In A Mall Profitable? With 146 stores, it is the largest shopping mall in the Lehigh Valley and the ninth largest mall in Pennsylvania. The plaza's anchor store includes Boscov's. Very limited stores were open. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Used 2019 Ford Ranger XLT. The project, which is expected to cost $90 million, includes a parking deck, 150 hotel rooms, restaurants, and 90,000 square feet of indoor and outdoor entertainment space. The mall is situated at the intersection of Interstate 95 and Delaware Route 1/Delaware Route 7, near the Cavaliers Country Club, and close to the center of the Northeast megalopolis. Simon Property Group has been working across the country to buck the trend of declining malls. You have successfully joined our email list. Oxford Valley 2300 E Lincoln Hwy, Ste 170 Langhorne PA 19047 United States (215) 752-1851 Get Directions This location currently does not offer Curbside Pickup. In 1995, the mall opened its food court on the second floor, replacing what had been the second floor of a Woolworth store. It Must Win Over The People", "At Malls, Shop Till You Drop At Shop After Shop After Shop", "Boscov's to acquire 10 stores Five will be Strawbridge's, four in the area. Oxford Valley Mall is managed and owned by Simon Property Group. It was built in 1970 and named after Echelon Airfield which was located where the mall stands today. Specialty stores include Pandora, Sephora, White House Black Market and H&M. We also have delicious dining options including TGI Friday's and . The mall first opened in February 1970. Willow Grove Park Mall is a three-story shopping mall located in the community of Willow Grove in Abington Township, Pennsylvania at the intersection of Easton Road and Moreland Road in the Philadelphia suburbs. Of the four stores, the former Boscovs has been empty since 2008 and the Sears closed earlier this year. Production", "Phila. In the U.S. alone, Brookfield runs more than 100 shopping malls. August 12, 2019. A parking deck, 150 rooms in a hotel, and 90,000 square feet of space dedicated to healthy living and entertainment are all part of the project in Atlanta. J.C. Penney declared bankruptcy in May. In Middletown, Oxford Valley Mall was the only real standout with the Simon Property Group, a real estate investment trust, that sought several property reassessments from the county. Harbor Square, formerly Shore Mall, is a shopping plaza in Egg Harbor Township, New Jersey in the United States on U.S. Route 40/U.S. It Must Win Over The People", "At Malls, Shop Till You Drop At Shop After Shop After Shop", "Boscov's to acquire 10 stores Five will be Strawbridge's, four in the area. The Reading retailer's is the first of the sales of 78 Federated properties", "Sears store closing list: 142 more Sears, Kmart locations closing in Chapter 11 bankruptcy", "EXCLUSIVE: Redevelopment Planned For Oxford Valley Mall", "Demolition Of Closed Mall Department Store Moves Forward", Pennsylvania Real Estate Investment Trust, https://en.wikipedia.org/w/index.php?title=Oxford_Valley_Mall&oldid=1142177276, Buildings and structures in Bucks County, Pennsylvania, Tourist attractions in Bucks County, Pennsylvania, Infobox mapframe without OSM relation ID on Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 February 2023, at 23:13. It is a one-level, enclosed regional mall that is managed by Simon Property Group, who owns 68.1% of it. The project is expected to take several years to complete. Yes, Oxford Valley Mall is open. Find 7 listings related to Oxford Valley Mall in West Berlin on YP.com. Production", "Phila. Although the malls closure will have a significant impact on the area, it will have little impact on a local business community. This left Macy's and JCPenney as the only anchors. So, whether youre looking for a new place to shop, eat, or see a movie, Oxford Valley Mall is the place to be. The store closed on January 7, 2019. This left Macy's and JCPenney as the only anchors. The report said the department store chain will close permanently about 200 of its 850 stores, but it's unclear if the Langhorne store will be included. The Beaver Valley Mall is a regional shopping mall located in Center Township, Pennsylvania, serving Beaver County within the Pittsburgh metropolitan area. Construction is ongoing and local officials in Middletown are watching closely. There has been no confirmation from Macys Inc. that the Macys store at Oxford Valley Mall in Langhorne, Pennsylvania is closing. The mall has over 90 stores and is anchored by Boscov's, Five Below, HomeSense, Michaels, Planet Fitness, and Sierra Trading Post. A second office building located near the intersection of Street and Hulmeville roadsdropped in assessed property value from $376,000 to $199,200 with the latest reassessment in July 2022, government records show. [7] The mall underwent a renovation in 1990. Simon Property Group, owner of Oxford Valley Mall as well as the King of Prussia megamall, has made a lot of headlines in the last year for their unique business moves, such as buying stores at their malls out of bankruptcy. From $101. The future of the Macy's in the Oxford Valley Mall is uncertain as the department store chain begins a massive operational overhaul. 1894 shipwreck found in Lake Huron, confirming "powerful, tragic story", Bipartisan Senate group unveils rail safety bill in response to Ohio derailment, What to know about Shigella bacteria as drug-resistant strain spreads, Retailers are reopening but it isn't business as usual, FBI chief says agency feels pandemic likely started with Chinese lab leak. Oxford Valley Road Open until 10:00 PM EST 2424 E Lincoln Hwy Langhorne, PA 19047 Map & directions Order Pickup Order Delivery Order Catering Prices vary by location, start an order to view prices. There will be four stories in total. The development focuses less on large anchor stores but on mixing retail, residential, and open space. According to L Brands, Covid-19 accounted for 54% of VS%27s and Bath and Body Works%27s sales revenue of $821.5 million in the fourth quarter. In 1986, the Gimbels store was converted to Sterns after Allied Stores purchased seven Gimbels locations in the Philadelphia area. This field is for validation purposes and should be left unchanged. Since 2018, county records show the assessed value of the Oxford Valley Mall has dropped by more than $1.7 million on the tax rolls, so that it pays about 15 percent less in property taxes. Many people, like us, are probably asking what is actually open in the mall? To learn more about the developments with Simon Property Group, read the article from the Philadelphia Business Journal by clicking here. It is currently anchored by Macys, JCPenney, Dicks Sporting Goods, and Sears. Regular patrons will find two vacant department stores once a Sears and a Macy's and more than a dozen smaller, retail spaces in the mall and without tenants. It is one of the largest regional malls in the Baltimore metropolitan area, with 6 anchor stores and 134 specialty shops in 1,200,000 square feet (110,000m2). The Reading retailer's is the first of the sales of 78 Federated properties", "Sears store closing list: 142 more Sears, Kmart locations closing in Chapter 11 bankruptcy", "EXCLUSIVE: Redevelopment Planned For Oxford Valley Mall", "Demolition Of Closed Mall Department Store Moves Forward", Pennsylvania Real Estate Investment Trust. Children's Place, even though it has been rumored to close multiple stores, as of now looks like the Oxford Valley Mall location is not one that is closing. Many of these stores have closed recently as a result of the pandemic and the ease with which online shopping is available. Many of the stores currently occupying the mall look like places that occupied former retail space: Example - there are three day spas (facials, nails, etc). The company is closing between 110 and 88 stores as part of a plan to streamline operations. Let's Go Shopping. pic.twitter.com/3PEV31ppNF Kristina Pickering (@pick_kris) September 22, 2020 The Oxford Valley Mall was developed by The Kravco Company and opened in 1973. Macy's, JCPenny, Foot Locker, and Forever21 were amongst some of the major stores opened and ready for business at Oxford Valley Mall. Over the weekend, we had a chance to go to Oxford Valley Mall to check out what was actually open and what wasn't. (215) 752-9505. It was built in 1973 and is owned by The Kravco Company. 2300 E Lincoln Hwy, Langhorne, PA 19047 Bucks County's largest shopping destination 150+ stores. Reporters Amanda Burg and Erich Martin contributed to this article. Similar information was also provided to the Bucks County Planning Commission. Yes, Oxford Valley Mall is open. The Christiana Mall is a super-regional shopping mall located between the cities of Newark and Wilmington, Delaware, United States. Mall walking around Langhorne - Langhorne, PA - AARP In Your City Logout Home Member Benefits Travel Gas & Auto Services Technology & Wireless Limited Time Member Offers Health & Wellness Shopping & Groceries Restaurants Insurance Entertainment Finances Home & Real Estate Community Work & Jobs Family Caregiving Advocacy Magazines & Resources It is the largest shopping mall in Pennsylvania and the fifth-largest shopping mall in the United States in terms of gross leasable area. Neshaminy is home to an AMC 24-screen theater. If youre looking for a place to get your hair done, look no further than JCPenney Salon or Ulta. Many stores have closed down, and the once-bustling mall has become a shadow of its former self. Weve done a lot of homework to make ourselves comfortable,Della Porta said when asked Monday if he was certain the complex could work even if the mall is not redeveloped. J.C. Penneydeclared bankruptcyin May. The company is also weighed down by $4 billion in debt and had previously closed numerous stores in recent years to help cut costs. It is located in Bensalem, Pennsylvania, a suburb of Philadelphia that is a few miles from the city center. . J.C. Penney, which will continue operating most of its 850 stores, said the locations chosen for closure were picked after "a comprehensive review of our retail footprint." The news comes on top of research fromCredit Suisse that predicts as many as 25 percent of malls could close in the next five years. The 600-unit complex, which would have 1,120 parking spaces, would be on thehigh end of the market,Della Porta said. A report submitted by the mall's owners stated that some tenants were struggling to pay rent and suggested that some movie theaters might not be able to pay their leases. 2300 E Lincoln Hwy Langhorne, PA 19047 Bucks County's largest shopping destination 150+ stores. Two four-story residential buildings with underground parking would be built on approximately 20 acres, with each building having its own underground parking garage. [12][13] In 2006, the Strawbridge's store closed as a result of Federated Department Stores acquiring May Department Stores, with Boscov's taking over the former store. 1500. A proposal to redevelop the Sears location as a charter school fell through. 4-day workweek / Aroostook mall closure / OUI goat. Security verification Close Already on LinkedIn? Simon Property Group touted their redevelopment progress in their most recent earnings call. The mall property was valued by the IRS as $395 million, but it was later reduced to $304 million. Construction is finally set to begin on a set of luxury apartments in the vicinity of the Oxford Valley Mall, a long-awaited project for many. There has been no public presentation of the projects plans, but an overview of the proposal was provided to Middletown. Oxford Valley Mall Langhorne PA Hours: 2022 Holiday hours (Saturday, Sunday, Easter, Presidents Day, Memorial Day, Independence Day, Labor Day and today's opening /closing times. 2 Beds. And recently, a Chick-fil-A pulled out of the food court. Each building within the complex has a Simon sign. [18]. RecruitmentQueen's Bucks County New Year Job Fair will be held from 11 a.m. to 2 p.m. on Jan. 18 at Center Court of Oxford Valley Mall, 2300 Old Lincoln Highway in Langhorne. On October 15, 2018, Sears announced that its store would be closing as part of a plan to close 142 stores nationwide as a result of the company filing for Chapter 11 bankruptcy. Built in 1973, the nearby Oxford Valley Mall might be the single largest source of property tax income for Middletown. Simon said Oxford Valley was 79% occupied and listed as major tenants an a movie theater, Macy's and J.C. Penney's department store. Overview of the four stores, it is currently anchored by Macys, JCPenney, Dicks Goods. 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