Construction is officially moving forward on a new 375-unit residential development at the Moorestown Mall, signaling a significant step in the property’s ongoing transformation. Plymouth Meeting-based Bel Canto Asset Growth Fund is spearheading the multifamily project on a six-acre parcel adjacent to the mall. The land was acquired in June 2022 from Philadelphia-based PREIT, the… Read more »
Turn 7, the discount retail store founded by Rick Forman of Forman Mills, is closing its Moorestown Mall location. The store, which sells discounted items from companies’ overstock supplies, bankruptcies, closeout sales, and online returns, opened in 2021 at the former site of Lord & Taylor. The store will close by Friday, June 21, as… Read more »
A two-story entertainment center featuring ax throwing and a go-kart track has been proposed for Moorestown Mall, following a referendum approved six months ago to revitalize the Burlington County shopping destination. The proposed center, named Parky’s, was presented to the Moorestown planning board on May 2, according to the municipal website. *Article courtesy of NJ.com… Read more »
Home prices took a nose dive during the Great Recession that started in 2008. Prices fell in ALL local markets but much more in some than others. And afterwards some had a better recovery than others. Why? And, more important, could we have predicted that? Job growth is part of the story, but not a… Read more »