With the development of Lycoming Crossing, the mall will hopefully receive a much-needed boost. Vision Properties serves as Property Manager and Asset Manager. 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. I-180 & South Lycoming Mall Road, Williamsport, PA 17756 Abd biw Bon Ton will become the first of several anchor stores to close. Some of the stores include Macys, JCPenney, Boscovs, and Dicks Sporting Goods. You should conduct a careful, independent investigation of the property and verify all information. Lycoming Crossing Shopping Center is Williamsport's most attractive and growing retail centers. You have permission to edit this article. Please try again. It is difficult for people to digest the fact that their favorite stores have left their local mall. Hallmarks mall stay will end on January 26th. There is great visibility from Lycoming Mall Drive (8,600 VPD), which extends through Montoursville before joining with Rt 220, a major throughfare to Pittsburgh. Capsule Maps; Google; Street View; Images. 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. We are aware of this issue and our team is working hard to resolve the matter. Limiting or avoiding exposure in the event of a co-tenancy default is achievable if you know how.. The majority of restaurants still provide drive-by pickup and/or delivery services, regardless of where they are located. LoopNet disclaims any and all representations, warranties, or guarantees of any kind. [1][2] It was anchored by Burlington. At the Susquehanna Valley Mall in Selinsgrove, a third location is open. The mall will lose its second anchor store, Old Navy, later this year. It is critical that the mall owners in Lycoming County provide leadership. [30] Lycoming Mall's owners appealed its tax assessment of $44.89 million. Please try another or click, By clicking the button, you agree to LoopNet's. Sonic sincerely regrets the situation, but it will have a significant impact on employees and guests. An email has been sent to with a link to confirm list signup. Sonic blamed the stores closure on the failure of negotiations between Sonic and its franchisor, Sonic Drive-In. Old Navy will be leaving nearby Lycoming Mall to move into the shopping plaza. In other news, Paula Miller and Dean Smith were appointed to the townships planning commission. ImpRead - Shoppers walk in front of a Target store at the | Facebook The Economic Development Task Force will meet for the first time this week on Wednesday. Image of Lycoming Crossing in Pennsdale with proposed new tenants. There was an error processing your request. The shopping center is anchored by a Walmart Supercenter, Giant Food Store, T.J. Maxx and Ulta Cosmetics. We will automatically send your friend a one-time email inviting him or her to visit the site. Every year, Pennsylvania residents harvest approximately 1,600 elk from the states hunting grounds. If the landlord is investing money into the property and doing whats best for the asset, the tenants and the community, there ultimately needs to be some give on what defines an anchor.. Top 10 Best Shopping Centers in Steam Valley Run, PA - Yelp Ross claimed that the landlord failed to do this for a two-year period commencing March 2009 when Circuit City vacated. [38] The auction did not occur due to a partial payment by Kohan. Shopping is fun again in Muncy - offering fashion with a commitment to quality and innovation, paired with a modern style sensibility. Co-tenancy is a hot topic now with the companys tenants. Industrial & Warehouse. Dressbarn, located at 240 South Lycoming Mall Road, remains open until December, a store employee comfirmed. The future of Lycoming Mall will largely depend on the surrounding community and the economy. 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. Access to independent, local news is important, do you agree? For young kittens, the adopter is given a certificate to present to a participating veterinarian who . Lycoming Mall 8 Shopping Centers $$ See businesses at this location "up over the last decade with the addition of Lycoming Crossing Shopping Center that includes Target." more 5. It has been a long time coming, and we are delighted that it finally has happened. The Lycoming Mall has a variety of stores that are open to the public. 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 Lycoming Mall is a regional shopping mall located in Muncy, Pennsylvania, United States. The Northgate Plaza 1 Shopping Centers "RiteAid, Touch of Texas, Pet store, Liquor store, everything you need!" more 4. This one is more like an outdoor outlet mall whilemore, It has a bright, scrubbed appearance, but it remains a small mall. The shopping center enjoys excellent visibility from I-180 and is adjacent to the Lycoming Mall (800,000 SF of Retail). Pidcoe also said the township is applying for a million-dollar RCAP grant from the Commonwealth. The Lycoming Mall also has a movie theater, an arcade, and a childrens play area. Lycoming Crossing Shopping Center. The mall has over 100 stores and is anchored by JCPenney, Macy's, and Sears. Old Navy is leaving the Lycoming Mall. Winds SW at 5 to 10 mph. Website. Junior Burlington Coat Factory is still an important part of the Burlington community. View Property. Co-tenancy clauses help tenants get concessions from retail owners if anchor tenants leave their space. This site would be an excellent fit for, but not limited to, a fast casual or retail user. They are quite ordinary in [deals at] shopping centers, according to real estate attorney Joshua Stein of his eponymous firm, but also some of the most heavily negotiated. Upcoming Event. Read the latest edition of the Commercial Observer online! See a problem? Circuit City opened in 2008. The Best 10 Shopping Centers near Rome, PA 18837. The mall has over 80 stores and restaurants, as well as a food court. Store closings are part of a national trend due to poor performance-Bed Bath and Beyond is closing 40 stores nationwide while The Childrens Place is closing 40 to 45 stores nationwide in 2019 and another 45 in 2020, according to moneywise.com. There will be two businesses at Lycoming Crossing, totaling approximately 7,000 square feet. . Dicks follows several other businesses, notably Old Navy, in leaving the mall to go to an open-faced setting, where shoppers can park directly in front of the store. 17,447 were here. Lycoming Mall was a shopping mall located twelve miles east of Williamsport, Pennsylvania off Route 220 and I-180. At the moment, the mall has only 15 stores. It is named after Israel Hadany, who designed it in 1977. Landlords use the provisions to lure tenants to their retail center. The Lycoming Mall has been declining for quite some time now. Clothing & Jeans for Men Women Kids & Plus Size Shoppers - Old Navy New to LoopNet? The LLWS has had over 40,000 attendees while Lycoming and Penn College are home to over 6,000students combined. Here's your update! The restaurant was rumored to be the next fast-food option, but it is not expected to open. Error occurred with your registration, please try again. Ballard Spahr Partner Matthew White, who represented Ross in the Pennsylvania case, wasnt available to comment. There are also a food court and several restaurants. Renovations continue at Lycoming Crossing for future Old Navy site Gwen Pidcoe, the townships secretary, has previously explained many brands are moving their stores outside shopping malls to become easier for the public to access. Use of these images without the express written consent of the owner is prohibited. NOW OPEN! CATO Fashions in Willamsport and Hanover, PA Interstate 180 Exit Guide | Pennsylvania Highways There was a problem saving your notification. 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 mall also has a food court and a movie theater. 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? Please stop by during our visiting hours, or contact us at [email protected] or (570) 327-8707 to set up a time to visit the shelter. This is a great opportunity to get some great deals on some great items. 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. 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. 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 The decision to close the mall comes as no surprise, as its occupancy rate has been steadily dropping in recent years. This store primarily serves customers from the townships of Montgomery, Dewart, Williamsport, Picture Rocks, Montoursville, Muncy, Hughesville, and Watsontown. Lycoming Mall is located in Pennsdale, Pennsylvania and offers 58 stores - Scroll down for Lycoming Mall shopping information: store list (directory), locations, mall hours, contact and address. The Target-anchored power center consists of 350,000 square feet and is located across from the Lycoming Mall. Dont miss an exciting opportunity to join the retail market in Lycoming County today. lycoming crossing - DICK'S Sporting Goods Locations Please contact Customer Support at 1-800-613-1303. 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. [15] J. C. Penney moved from downtown Williamsport to the mall in the late 1980s. A source close to Lycoming Crossing's ownership confirmed that the sporting goods store recently signed a lease. Contents 1 Stores 1.1 Current 1.2 Former 2 Restaurants 2.1 Current The mall is located 12 miles east of Williamsport on Interstate 180. A manager there told NorthcentralPa.com in February 2020 that they were not planning to leave the mall. LAPS has many wonderful cats that would love to have an opportunity to meet you and win your heart. Boscovs Lycoming Mall is a regional shopping mall located in Muncy, Pennsylvania. It has recently been announced that the popular soft pretzel restaurant Auntie Annes has closed its doors. This week, a Sonic Drive-In in Pennsylvania closed after nearly 30 years of operation because there wasnt enough interest. The Lycoming Mall shopping center is a shopping center located 12 miles east of Williamsport, Pennsylvania, off Route 220 and Interstate 180. In the case of Ross in Lycoming Crossing Shopping Center, the tenant prevailed to the tune of $1.9 million. Language links are at the top of the page across from the title. Thank you for saying that local news matters! Email notifications are only sent once a day, and only if there are new matching items. The mall opened in 1976 with J.C. Penney, Montgomery Ward, and Sears as its anchor stores. In total, approximately 7,000 square feet will be leased at the site. An employee of Bed Bath and Beyond confirmed the store will be closing, most likely in November. If someone asks you not to send these emails to them, please comply. Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania. The primary reason for the closure is said to be a lack of staff. 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.
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