The decision to close the mall comes as no surprise, as its occupancy rate has been steadily dropping in recent years. CINDY KNIEr/The Luminary [14] Plans included a $4.7 million expansion in 1985 that added 115,800 sq. The owner had an obligation to notify Ross regarding the absence of any of the required tenants that would trigger the reduced rent, the court records indicate. MUNCY A co-tenancy battle between department store chain Ross Dress for Less and the owner of Lycoming Crossing Shopping Center has come to an end, with the retailer being granted a nearly $2 millio Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address. These stores are JCPenney, Macys, and Sears. Consider These Factors, Bayside Mall: A Popular Shopping Destination In Toronto, The Pros And Cons Of Teen Curfews In Shopping Malls, The Americana At Brand A Luxury Shopping Mall In Los Angeles To Close Its Doors, The Importance Of The Quinceanera Dress And Mass, As Electric Cars Become More Popular Free Charging Stations Are Popping Up Across The Country, The Fashion District: A New Shopping Mall In Philadelphia. Christopher Conlon, chief operating officer of Acadia Realty Trust, owner of shopping centers like City Point in Downtown Brooklyn, put the onus on the landlords to negotiate sound leases. The Lycoming Mall is the largest shopping mall in Lycoming County and is one of the largest malls in Pennsylvania. Arbitrators awarded Ross $1.9 million in June, and last month the court confirmed the award. Some of the stores include Macys, JCPenney, Boscovs, and Dicks Sporting Goods. [1][8][12], Plans for Lycoming Mall were announced in 1975, with 674,000 sq. You have permission to edit this article. Lycoming Crossing Shopping Center was developed in 2008. Shopping mall in Pennsylvania, United States, Proposed redevelopment and interior closure: 2023 present, Pennsylvania Real Estate Investment Trust, "End of an era: Local folks recall memories of Lycoming Mall", "PREIT Nears Finish Line with Sale of Four Non-Core Malls", "PREIT trims four shopping malls from portfolio, in two sales worth $92.4M", "Legacy Member - Mall has grown in its 30 years", "While stores come and go, Hadany Arch remains constant", "All Phases Of Crown American Operation Show Growth", "A tale of 2 malls: Williamsport once was site of competing retail", "Officials confirm Value City closing at mall", "Burlington Coat Factory coming to Lycoming Mall", "Sears and Macy's preparing to leave the Greater Susquehanna Valley", "Shoppers Concerned as Anchor Stores Close in Local Malls", "JCPenney at Lycoming Mall to Close Monday", "Shoppers React to JCPenney Closing Stores in Our Area", "Department store leaving region's malls", "Four Sears and Kmart Stores in Our Area to Close", "Lycoming Mall owners seek lower tax assessment", "Retail trends taking toll on Lycoming Mall", "Vacated Macy's store to be converted into storage facility", "Shoppers Disappointed About Bon-Ton Closing", "Lycoming Mall Owes Thousands in Unpaid Water, Sewer Bills", "Lights out at Chapel Hill Mall? Old Navy is one of the mall's anchor stores that will be closing this year. Massive shopping plaza with all kinds of restaurants and goodies that you will find located inmore, RiteAid, Touch of Texas, Pet store, Liquor store, everything you need!more, up over the last decade with the addition of Lycoming Crossing Shopping Center that includes Targetmore, Viewmont Mall is one of Scranton/Wilkes-Barre's three malls, and the one in the best shape storemore, You cannot compare the two shopping centers. Lycoming Crossing Shopping Center was developed in 2008 and is owned by Vision Group Ventures, in Plymouth Meeting, PA. The property is anchored by big-box retailers including Ross. The mall will lose its second anchor store, Old Navy, later this year. Ballard Spahr Partner Matthew White, who represented Ross in the Pennsylvania case, wasnt available to comment. [26][27][28][29] Sears was announced to close in January 2018. The off-price department store chain signed a 30,187-square-foot lease atVision Group VenturesPennsylvania shopping center more than a decade ago, in June 2007, according to the complaint filed on Jan. 11, 2012 in the United States District Court for the Eastern District of Pennsylvania. 17,447 were here. Hmm, there seems to have been an error sending your message. The Lycoming Mall has a variety of stores that are open to the public. Many of the malls anchor stores, including J.C. Penney, Macys, and Sears, have already closed, and the remaining tenants have been struggling to attract customers. The lot is ideal for development since the Lycoming Mall is now aimed for an exciting redevelopment and Lycoming Crossings is fully occupied. The Lycoming Mall is a regional shopping mall located in Muncy Township, Lycoming County, Pennsylvania. Another anchor store at the mall, Old Navy, is closing down for the year. Other stores included Books-A-Million. The announcement was made by the malls owner, PREIT, on January 4, 2020. Sign Up to be eligible for our weekly Giveaways! In March, Acadia acquired a 272,000-square-foot Lincoln Place Shopping Center in the St. Louis suburb of Fairview Heights, Ill., for $35 million through its Acadia Strategic Opportunity Fund IV, as CO previously reported. [17][18] Books-A-Million opened in November 2011, replacing a closed Borders. Please stop by during our visiting hours, or contact us at LapsShelter@windstream.net or (570) 327-8707 to set up a time to visit the shelter. Shop hundreds of must-have styles for baby . Finally, the supervisors awarded a contract for its annual vegetation control to D.A.D.s Landscaping. Get a weekly list of events happening in North Central Pa.! It is critical that the mall owners in Lycoming County provide leadership. [46] In mid-February 2023, ownership gave notices to vacate to the remaining interior stores except for Books-A-Million and Burlington. The floor area (area) has grown from 77,540 square feet to 82,540 square feet. Outstanding national tenants include Target, Michaels, Bed Bath & Beyond, Petco, Ulta, Five Below, Cracker Barrel, Burger King and more! Every year, Pennsylvania residents harvest approximately 1,600 elk from the states hunting grounds. We are aware of this issue and our team is working hard to resolve the matter. The latest store to leave the mall near Muncy is Dicks sporting goods. Foot Locker, Champs, and Europe Nails are among the latest editions to be added to the list. The closure of Lycoming Mall will be a major blow to the local economy, as it is one of the largest employers in the area. You'll only need to enter these one time. [43][44] Its sale was later cancelled after the owners paid almost $300,000 in bills and fees. This decision was difficult, but necessary, as the Dressbarn chain has not been operating at an acceptable level of profitability in todays retail environment, Steven Taylor, Chief Financial Officer said. Were being creative in recycling these spaces [for other uses], but theyre not meeting the anchor criteria.. Target at Lycoming Crossing Shopping Center in Muncy, Pa. Soozan Baxter of Soozan Baxter Consulting, United States District Court for the Eastern District of Pennsylvania. https://images1.loopnet.com/d2/3AuNOBzltIwNKVkV21-XXW67tcvR2BRSfUj00esouR8/document.pdf. We'll automatically create a free account for you. Language links are at the top of the page across from the title. As of 2019, its anchor stores are J.C. Penney, Dick's Sporting Goods, and Boscov's. The restaurant was rumored to be the next fast-food option, but it is not expected to open. Old Navy is expected to move into their new space by the end of March or early April, according to a store associate. It closed in 2009. With a gross leasable area of 917,000 square feet, it is the largest shopping mall in Lycoming County. In addition, the closure will also result in the loss of revenue for the City of Williamsport, which receives a portion of the malls sales tax revenue. A manager there told NorthcentralPa.com in February 2020 that they were not planning to leave the mall. Address: 340 S. Lycoming Mall Road, Muncy, PA 17756, Tenants: Target, Michaels, Bed Bath & Beyond, Petco, Ulta, Cracker Barrel, The Gap, Five Below, Dress Barn, Sleepys, Shoe Show, Lumbar Liquidators, CATO, Aspen Dental, Burger King, Verizon Wireless, Mariner, Game Stop, Subway, Property Highlights: Excellent visibility along Interstate 180, located in Williamsport, PA, home to the Little League World Series. If the community continues to support the mall, it is likely that it will remain open. Co-tenancy is a hot topic now with the companys tenants. Gap Factory Store, Lakeport Commons - Sioux city, IA . Chance of rain 60%. The Target-anchored power center consists of 350,000 square feet and is located across from the Lycoming Mall. The once-bustling shopping center is now eerily quiet, with many of the storefronts either empty or boarded up. MONTOURSVILLE On Monday, Sept. 10, at 5:12 p.m., Morgan Ferdinand, 19, of Jersey Shore, was negotiating a turn from Lycoming Crossing Shopping Center traffic onto South Lycoming Mall Road, at . Gap Factory Store, Lansdowne Place - Peterborough, ON . KAREN VIBERT-KENNEDY/Sun-Gazette Dick's Sporting Goods, currently located within the Lycoming Mall. Success! Spring thanked the supervisors and emergency services for their help and support for the home. Bam Lycoming Mall is a shopping mall located in Williamsport, Pennsylvania. Shoe Show in Lycoming Crossing, address and location: Muncy, Pennsylvania - 170 South Lycoming Mall Rd, Muncy, Pennsylvania - PA 17756. DICK'S Sporting Goods Stores in Muncy, PA Click on Store Details for Hours and More Information DICK's Sporting Goods Lycoming Crossing 380 S. Lycoming Mall Road Muncy , PA 17756 US PHONE: (570) 308-3973 Store Hours & Details Store Locator Software Powered by SOCi Copyright 2023, All Rights Reserved. Best Shopping Centers in Landingville, PA 17972 - Fairlane Village Mall, The Shoppes at Susquehanna Marketplace, Cressona Mall, The Promenade Shops at Saucon Valley, Street of Shops, PUMA, Lehigh Valley Mall, Philadelphia Premium Outlets, Kitchen Kettle Village, Lycoming Mall We work hard to deliver timely, relevant news, for free. We can be burdensome on the system.. View Property. The anchor tenant was defined in the lease as a national or a regional retailer with at least 75 stores. And those co-tenants, the lease says, could be replaced by a nationally or regionally recognized anchor tenant of similar size. If you continue to see this message, your account may be locked due to too many failed attempts. Dittmer, who analyzes commercial mortgage-backed securities assets including shopping centers, said it was a bit of posturing to characterize co-tenancy clauses as unfair, even in the case of acquiring older malls. It has recently been announced that the popular soft pretzel restaurant Auntie Annes has closed its doors. In similar fashion The Childrens Place, which sells childrens clothing in Lycoming Mall, is closing as well. This one is more like an outdoor outlet mall whilemore, It has a bright, scrubbed appearance, but it remains a small mall. Despite the fact that the Lycoming Mall is no longer a reality, the businesses that remain are thriving. At the Susquehanna Valley Mall in Selinsgrove, a third location is open. Parking Garages. Don't forget to write a review about your visit at Shoe Show in Lycoming Crossing and rate this store . The property is in the main retail corridor for Lycoming County, PA just off Interstate 180 (28,100 VPD) allowing for convenient proximity to the interstate. Please try again. Bath & Body Works moved to a new location in nearby Lycoming Crossing, which has been thriving in addition to other mall stores such as Dicks. There is no definitive answer to this question at the moment. The 15-acre lot on Lycoming Mall Circle looks onto S Lycoming Mall Road and offers an intriguing opportunity to join the retail corridor in Muncy, PA, just off Interstate 180 from the Lycoming Mall Road exit. The mall has since been expanded and renovated several times. [1] [2] It was anchored by Burlington. The mall has over 100 stores and is anchored by JCPenney, Macy's, and Sears. Recently, a number of stores have been forced to close in Lycoming Mall. . Shopper Sharon Steele described it as a really cool place to visit. Shopping is fun again in Muncy - offering fashion with a commitment to quality and innovation, paired with a modern style sensibility. The mall opened in 1977 and is anchored by JCPenney, Macy's, and Dick's Sporting Goods . Directions Advertisement. They likely dont make a whole lot of sense today, he said, and when those leases come up for expiration, they often cant be renegotiated because the tenants exercise their extension options. Landlords use the provisions to lure tenants to their retail center. The Lycoming Mall also has a movie theater, an arcade, and a children's play area. Students at Lycoming can take part in a variety of undergraduate programs while also preparing for careers. Ross vacated the space that November and commenced action in federal court on Jan. 11, 2012 alleging breach of lease. Pennsdale, Pa. - Renovations continue at Lycoming Crossing in Muncy Township in preparation for Old Navy to move in. But another shopping center owner who declined to be identifiedbecause there is a delicate balance between negotiating with these retailers and being in their good graces and taking a stance with co-tenancysaid that this is not so easy if you have older shopping centers with leases that were signed ages ago. Gap Factory Store, Moore Plaza - Corpus Christi, TX. Under new business, David Spring, who represented the Ashler Manor board of directors, approached the supervisors to offer a $5,000 donation to the township as thanks for supporting the non-profit organization that offers services to area youth. Overcast with showers at times. KAREN VIBERT-KENNEDY/Sun-Gazette. Customers of Rue 21, American Eagle, Spencers Maurices, Dollar Galaxy, Claires Burlington Coat Factory, Auntie Annes, Gertrude Hawk, Book-A-Million, T-Mobile, Brookside Homes, and Holiday Hair are among those who keep coming back. Dicks Sporting Goods, currently located within the Lycoming Mall complex, is in the process of building a new location at the Lycoming Crossing Shopping Center, according to the Muncy Township supervisors. Join Michael's, Bed Bath & Beyond, Utla, Target, Five Below and Petco, Available up to 65,000 SF and future/proposed pad sites. Low around 40F. Photos herein are the property of We regret the impact that this decision will have on our guests and employees, the company said in a statement. The Muncy Township supervisors meet the second Wednesday of every month at 7:30 p.m. at the townships municipal building located at 1922 Pond Road, Muncy, PA. A co-tenancy battle between department store chainRoss Dress for Less and its landlord at a Pennsylvania shopping center has come to an end, with the retailer being granted a nearly $2 million rent abatement. The latest retailer to leave the mall near Muncy is Dicks sporting goods. Were running into issues continually with department stores evaporating, the source said. Lycoming Crossing and the nearby surrounding area is now the preferred retail corridor in Lycoming County. 170 S Lycoming Mall Rd Muncy Twp PA 17756 (570) 419-8219. As a result of that, zoning ordinance changes will be initiated. The expanding plaza has at least a few vacant areas and room for growth, as discussions continue with retailers. The Lycoming College campus can be found in downtown Williamsport, just a few blocks from the Lycoming County Courthouse. Lycoming Mall was a shopping mall located twelve miles east of Williamsport, Pennsylvania off Route 220 and I-180. It is named after Israel Hadany, who designed it in 1977. Dont miss an exciting opportunity to join the retail market in Lycoming County today. Her family says the system betrayed her. Co-tenancy clauses help tenants get concessions from retail owners if anchor tenants leave their space. In the case of Ross in Lycoming Crossing Shopping Center, the tenant prevailed to the tune of $1.9 million. When the malls owner, Kohan Retail Investment Group, paid off its debts last month at the last minute, it nearly fell through for sheriffs sale. The Lycoming Mall has been declining for quite some time now. It is our pleasure to express our gratitude for their assistance in these difficult times. The malls owners must outline their plans for the mall. There are only a handful of stores left in the Lycoming Mall. Here's your update! Any reliance on this The primary reason for the closure is said to be a lack of staff. their respective owners. The mall has seen a number of exits recently, including Macys, JC Penney, Sears, Bon-Ton, and others. their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Junior Burlington Coat Factory is still an important part of the Burlington community. The Lycoming Mall opened in 1976 and was the first enclosed shopping mall in north central Pennsylvania. Bon-Ton left in 2018 after the entire chain folded due to bankruptcy. The land is surrounded by a range of national retailers including Regal Theatres, Target, Ulta, Dicks Sporting Goods, Bath & Body Works, Old Navy, Burger King, Cracker Barrel, McDonalds, Ollies, Sams Club, and many more. Lycoming Crossing and the nearby surrounding area is now the preferred retail corridor in Lycoming County. Chick-fil-A has not made any public announcements about plans to expand into Lycoming County, PA. Its up to the landlord to get it right and create as much flexibility as possible in terms of acceptable replacements that satisfy the co-tenancy provision., He added: This stuff is just not that hard. (Circuit City filed for Chapter 11 bankruptcy protection in late 2008.). The mall has undergone several changes over the years, with its most recent renovation taking place in 2007. [1] [8] [12] History [ edit] 1978-2015 [ edit] Grant @ One Shopping Center Philadelphia, PA. View Property. You must register your contact information to view secure information on this listing. The future of Lycoming Mall will largely depend on the surrounding community and the economy. However, if the economy weakens or the communitys preferences change, the mall could close. Visit us online at shoplycomingmall.com Lycoming Mall | Muncy PA Capsule Maps; Google; Street View; Images. This information has been obtained from sources believed reliable but has not been verified for accuracy Winds SW at 5 to 10 mph. No problem. There are only 13 remaining stores in the mall, making it hard to imagine what it was like before. The retail sports store will be relocated across the street to the Lycoming Crossing shopping center. Muncy, PA 17756 (570) 940-9070. Copyright Williamsport Sun-Gazette | https://www.sungazette.com | 252 W. Fourth Street, Williamsport, PA 17703 | 570-326-1551, We hope every girl we bring in leaves better,. Today's breaking news and more in your inbox. Lycoming Crossing shopping information - stores in mall (17), detailed hours of operations, directions with map and GPS coordinates. Our arguments against the district court opinion will be set forth in our appellate brief.. Share Comment Its not fair if you take an underperforming Macys or Sears and [replace it with a] Whole Foods and then the landlord has to take a hit because its a co-tenancy violation, she said. The shopping center is anchored by a Walmart Supercenter, Giant Food Store, T.J. Maxx and Ulta Cosmetics. [34] The mall lost power in late August 2018 due to owner not paying its PPL electric bill, but reopened the next day. Lycoming Crossing Shopping Center Williamsport, PA. View Property. Please enter a valid email address. This fast food restaurant can be found in Muncy Township, Pennsylvania. DOCUMENTS . Lycoming Mall was a shopping mall located twelve miles east of Williamsport, Pennsylvania off Route 220 and I-180. Commissioner Mirabito stated, What I would like to see is something that encourages growth. The Economic Development Task Force will meet for the first time on Wednesday. Contents 1 Stores 1.1 Current 1.2 Former 2 Restaurants 2.1 Current Gap Factory Store, Lycoming Crossing - Muncy, PA . He and his colleagues are looking at how they can amend co-tenancy provisions so they call for keeping fewer anchors open and allow for more options of suitable replacements like restaurants and entertainment companies. [15] J. C. Penney moved from downtown Williamsport to the mall in the late 1980s. During this time, an independent attempt to build a second area mall in downtown failed. Lycoming Crossing Shopping Center was developed in 2008. At the moment, the mall has only 15 stores. Terrence Oved, the head of the real estate department and a partner in the law firm Oved & Oved, said as the retail environment has changed he anticipates the lease bargaining power shifting from the landlord to the tenant. Copyright Muncy Luminary | https://www.muncyluminary.com | 1025 Route 405 Highway, Hughesville, PA 17737 | 570-584-2134. Leases put in place decades ago and last week, theyre no different.. Best Shopping Centers in Steam Valley Run, PA - Lycoming Mall, Street of Shops, Bradford Town Shopping Center, Buckhorn Plaza, Plaza 15, Dg Shopping Center Please try again. For more than 50 years, Dressbarn has served womens fashion needs. It is possible that the site will be redeveloped for another use, but it is also possible that it will sit vacant for years to come. There will be two new businesses at the Lycoming Crossing site, totaling approximately 7,000 square feet. Holiday Hair, American Eagle, Spencers Maurices, Claires Burlington Coat Factory, Auntie Annes, Gertrude Hawk, Book-A-Million, T-Mobile, and Brookside Homes are the remaining 13 stores. Something New Something You! There are also a food court and several restaurants. It was such an enjoyable experience, said Sharon Steele, who went there as a shopper. Outstanding national tenants include Target, Michaels, Bed Bath & Beyond, Petco, Ulta, Five Below, Cracker Barrel, Burger King and more! A source close to Lycoming Crossing's ownership confirmed that the sporting goods store recently signed a lease. Consider These Factors, Bayside Mall: A Popular Shopping Destination In Toronto, The Pros And Cons Of Teen Curfews In Shopping Malls, The Americana At Brand A Luxury Shopping Mall In Los Angeles To Close Its Doors, The Importance Of The Quinceanera Dress And Mass, As Electric Cars Become More Popular Free Charging Stations Are Popping Up Across The Country, The Fashion District: A New Shopping Mall In Philadelphia. The rise of online shopping has led to the closure of many brick-and-mortar stores, and malls across the country are struggling to keep up. The contact details listed below are missing from your profile and are required to proceed. Find store hours, phone number, address and in-store services for the DICK'S Sporting Goods in Muncy. Old Navy will be leaving nearby Lycoming Mall to move into the shopping plaza. Commissioner Mirabito thinks the best thing for the city would be to create something that allows for growth. Get the latest Job listings in your email! This email address is already in use. Proposed future plans for Lycoming Crossing includes the possibility of a Marshalls and Dicks Sporting Goods at the end of the plaza, according to a map posted on the website of CBRE retail properties. Christmas, Easter, Thanksgiving 2022, as well as New Years Day, Easter Sunday, and Black Friday, are exceptions. In-Store Shopping and In-Store Pickup; . Pennsylvania College of Technology is one of the largest employers in the area. Dick's Sporting Goods is currently at the nearby Lycoming Mall in Muncy Township. It was definitely constructedmore, of Wilkes-Barre Township's buildup that includes numerous new shopping centers and the Mohegan Sunmore. However, that doesnt mean that it couldnt happen in the future. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed here are the property of An employee of Bed Bath and Beyond confirmed the store will be closing, most likely in November. [16] Value City would close in March 2008, with Burlington Coat Factory announced as its replacement in May. We have sent an email to your inbox containing a link to confirm your interest in our signup list. Please check back in a few minutes.

University Of Miami Housing, Fatal Car Accident Lexington, Sc Today, Articles L