. US. ADDRESS: 685 Middletown Blvd Langhorne, PA 19047. A 2-acre portion of the Oxford Valley Mall property is about to receive a major revamp. In addition to the malls, the post-pandemic trend of working from home might impact the tax values of office space in Bucks County. Work is underway on two sets of eateries set open in the coming months. 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. 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. If a property owner, either commercial or residential, believes the assessed value of their property is too high, they can appeal to the Bucks County Board of Assessment and, in some cases, take the government to civil court. Title question - for those in the know and local, is this place dying or coming back to life? The mall propertys tax valuation went from $395 million to $304 million as a result of the tax assessment. More:Construction begins on luxury apartments at Oxford Valley Mall in Middletown. A post shared by I Enjoy Exploring ^.^ (@fantastic.travel_). To complete the vision for the housing area, about 165,000 square feet of the mall, the entire former Boscovs location, would have to be demolished. The mall would not be closed or entirely demolished, but refreshed and reimagined for a new era. For Teoli Kuhls, the situation with the Oxford Valley Mall is different from the Neshaminy because Oxford Valleys owners are working to fix the problem. Henderson Nissan 295 Auto Mall Drive, Henderson, NV 89014 . On Monday evening before the Board of Supervisors, developer Villanova-based CornerstoneTracy, which is working with Simon Property Group, laid out their vision to add a higher-end apartment center abutting the mall on Simon Property Group-owned land. For video-game lovers that miss taking a trip to GameStop, they are planning to reopen on Tuesday, June 30. 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. [9][10] In addition, the mall replaced the spiral pedestrian ramp and fountain with a glass-enclosed elevator, upgraded the air conditioning system, and extensively renovated the JCPenney and Sears stores. Mr. Drew holds up an Argentine black-and-white tegu for Nolan, 3, Owen, 5, and Gavin, 8, to marvel at Saturday at Mr. Drew and His Animals Too in the Pepperell Mall in Lewiston. 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. 52F . Della Porta saidthe two four-story residential buildings each with their own parking structures would be constructed on roughly 20 acres that today is a parking lot and the closed Boscovs anchor store. Production", "Phila. There will be four stories in total. There is no word yet on what the future holds for Oxford Valley Mall, but it is clear that it will need to adapt if it wants to survive in the current market. 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. Production", "Phila. The future of the Macy's in the Oxford Valley Mall is uncertain as the department store chain begins a massive operational overhaul. 2300 E Lincoln Hwy Langhorne, PA 19047 Bucks County's largest shopping destination 150+ stores. 215-891-0661. Along with the department stores, nearly 120 stores make up this indoor multi-level shopping mall. The company is currently remodeling the 42-year-old Shops at Riverside in North Jersey. Copyright 2023 American Community Journals, LLC |. Oxford Valley Mall is undergoing a renovation that will transform it into a mixed-use community with shops, restaurants, and apartments. Neshaminy Mall has a diverse selection of clothing stores. This led to speculation that the mall was going to be sold or demolished. The anchor store is Bass Pro Shops. Before we send you to , pleasesubscribe to our daily newsletter. Pop-up ice rink at Neshaminy Mall offers new winter fun in Bensalem, Construction begins on luxury apartments at Oxford Valley Mall in Middletown, Your California Privacy Rights/Privacy Policy. Due to an online rival, Express began losing money in 2019. But the rumors persisted, and in 2019, the malls owner, Simon Property Group, announced that it was exploring strategic alternatives for the mall. The plaza is accessible from Exit 36 off the Garden State Parkway. The shopping center will be reopened in the spring. Enter Dates. 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. The mall has 170 stores and restaurants, as well as a food court, a movie theater, and a childrens play area. As Middletown has worked to update its 1990s-era comprehensive plan, numerous residents at a recent planning session often mentioned their hope that the mall would be redeveloped. Compare. A slide deck from Simon Property Group notes that the average household income within a few miles of the mall is$96,638 and its customers extend all the way into the city and Central Bucks County. 702-802-0572. . PICK UP IN STORE. "This is huge for us," said Mayor Joseph DiGirolamo. BECOME A MALL INSIDER. The most unusual thing is, they are currently unsure who it is they want to merge with. The Oxford Valley Mall has seen many changes over the years and features four anchor stores, but two are currently vacant. The anchor stores are Boscov's, Old Navy, Dick's Sporting Goods, JCPenney, and AMC Theatres. Oxford Valley Mall is managed and owned by Simon Property Group. In recent years, Oxford Valley Mall has struggled to keep up with the changing times. Property taxes on the mall also provide a significant revenue source for the Neshaminy School District. 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.. Moorestown Mall is a shopping mall in Moorestown, New Jersey, owned by Pennsylvania Real Estate Investment Trust. 22, right) puts one up as Ellsworth's Lily Bean (No. Check Out. BBW Supervisor-OXFORD VALLEY MALL BBW Store Langhorne, PA Posted: February 28, 2023 Full-Time Supports delivering sales plan through effective execution of store and operational tasks as assigned and delegated by managers. two sets of eateries set open in the coming months. It is owned by Pennsylvania Real Estate Investment Trust (PREIT) and is the third most profitable mall in the Philadelphia area. The Oxford Valley Mall is the biggest retail property in Bucks County and is primed for a major redevelopment in the coming years. The closure of Neshaminy Mall is a sign of the changing times, as more and more people are doing their shopping online instead of in brick-and-mortar stores. [5] That same year, Bamberger's became Macy's. The former Boscovs store, as well as Sears, which closed earlier this year, have been empty since 2008. Many Londoners consider the new HMV store on the street to be out of keeping with the citys history, despite the fact that the old HMV store had been a fixture on the street for decades. The retailer started adding branch stores starting in the 1930s and, by their zenith in the 1980s, enjoyed annual sales of over a billion dollars By the 1990s, Strawbridge's became part of the May Department Stores conglomerate until May's acquisition by Federated Department Stores on August 30, 2005. Yes, Oxford Valley Mall is open. The Willow Grove Park Mall contains over 120 stores - with Bloomingdale's, Primark, Macy's, and Nordstrom Rack as anchor stores - along with several restaurants including The Cheesecake Factory, TGI Fridays, and Yard House. The company announced plans in February 2021 to close four stores in New York City during the first quarter of 2021. In-Store Pickup. The four-story building wraps around a precast parking garage and consists of 17,000 square feet of indoor amenity space plus studio, one-, two-, and three-bedroom apartments with gourmet kitchens, balconies, and washer/dryer mudrooms. They had a sign that said that they were reopening today, Monday, June 29. At 927,414 square feet (86,160m2), it is the third biggest mall in Delaware, boasting 83 shops and a food court. The project is expected to take several years to complete. In 2019, Simon Property Group, the owner of Oxford Valley Mall, announced that the mall would be re-imagined and transformed into a mixed-use development. 2.5 Baths. In the mid-2000s, American Idol singers, Danity Kane, and the Plain White Ts were among the headliners who performed concerts in the mall. Pacific Sunwear is another store opening on July 3rd. In Bensalem, a handful of local office buildings were reassessed so that they pay less in taxes to the local government. Each one of the residential buildings would take about two years to build due to their size,Della Porta said. Tell me - dying or coming back? "These companies use computer-assisted formulas in calculating value and fail to consider uniqueness of the individual properties," Schwefel told this news organization. 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. It is owned and operated by Simon Property Group. View our Valley Automall inventory to find the right vehicle to fit your style and budget! [2] In 1986, the Gimbels store was converted to Stern's after Allied Stores purchased seven Gimbels locations in the Philadelphia area. Pictures were taken this past weekend. News provided by The Associated Press. It also features a 16 screen cinema stadium-style Regal Cinemas movie theater. 0.6 mile to Oxford Valley Mall. "Many municipalities retain mass appraisal companies to determine values on all real property. Check In. Dillards, JCPenney, Macys, Nordstrom, and Sears are among the retailers that have signed leases at the mall. Despite this, the mall began to deteriorate in the early 2000s. There is a food court on the second floor, which was originally the second floor of a Woolworth. BOOK IN ADVANCE AT A DISCOUNTED RATE Home Depot To Get Sausage Shop, German Grocer Lidl Purchases Falls Twp. The first building would have about 390 living units and the second would have 210. The mall will be closing seven of its most popular stores in 2020. 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. Langhorne in Middletown Township, Bucks County, Pennsylvania. The Oxford Valley Mall is a two-story shopping mall, . Roosevelt Mall is a medium-sized outdoor shopping mall, located along Pennsylvania Route 73 between Bustleton Avenue west end and U.S. Route 1 in the east end, or Rhawnhurst neighborhood, of Northeast Philadelphia, Pennsylvania. The plaza's anchor store includes Boscov's. The Oxford Valley Mall is a large shopping mall located in the Oxford Valley area of Bucks County, Pennsylvania. "We talk about it all the time. The Promenade at Granite Run, formerly known as Granite Run Mall, is a mixed-use development in Middletown Township, Delaware County, Pennsylvania, a western suburb of Philadelphia. The Oxford Valley Mall is a two-story shopping mall, managed and 85.5 percent-owned by the Simon Property Group, that is located next to the Sesame Place amusement park near Langhorne in Middletown Township, Bucks County, Pennsylvania. Hurdle Remains For May The Company Has The Market. A look from high-end fashion to abandoned anchors, More:Schools out. So, while the rumors of Oxford Valley Mall closing have been greatly exaggerated, the mall is undergoing a major transformation. Philly area malls making a comeback? The mall opened in 1974 and underwent a major renovation and expansion in 2001. The mall is now bookended with JCPenney and Macy's, with 140 vendors within. The mall, rather than being completely demolished, would be rejuvenated and reimagined for the future. The 118-year-old retailer plans to close a total of 242 locations by the fall. . This left Macy's and JCPenney as the only anchors. 1200. Oxford White exterior and Medium Stone interior, XLT trim. The main problem for malls are large anchor stores like Sears and Macys are shrinking their physical footprints as more and more shopping happens online and legacy costs add up. Old Town's Saige Evans (No. It was one of many brick-and-mortar stores forced to temporarily close. The store closed on January 7, 2019. The same year, Bamberger's became Macy's. In 1989, Sears replaced Stern's after the latter closed several stores in the Philadelphia area. [1]. That is the goal," said Kuhls. This center encourages a tactile sensory experience for children, which gets kids tuned into their sense of touch. Macy's is closing another Arizona store this time in Paradise Valley. / MoneyWatch. It is the largest mall in the Harrisburg metropolitan area. Simon Property Group malls in the western United States, Simon Property Group malls in the midwestern United States, Simon Property Group malls in the northeastern United States, Simon Property Group malls in the southern United States, Premium Outlets and Factory Stores outlet centers in the eastern United States, Premium Outlets and Factory Stores outlet centers in the western United States, Premium Outlets and Factory Stores outlet centers in Canada, Middletown Township, Bucks County, Pennsylvania, tenth largest shopping mall in Pennsylvania, "Kravco And 6 Of Its Malls Sold To A Canadian Developer", "Gimbels To Sell 7 Area Stores Deal Concluded With N.y. Firm", "Food Is In Store For Ready-to-drop Shoppers At Oxford Valley Mall The Mall's New, Second-floor Food Court Is Home To Pick-me-ups Ranging From Pizza To Pretzels", "Oxford Valley Mall Is Girding To Meet Future Rivals", "He's Got Plans For Hecht's What Does Ceo Want? Even before the pandemic, Brookfield stated that "the retail marketplace was struggling" and noted competition from the nearby Oxford Valley and Philadelphia Mills (formerly Franklin Mills) malls. For the most up-to-date hours, please review store hours on the Oxford Valley Best Buy store web page located above. This news organization compared the assessed values of all properties in Bucks County between the years 2019 and 2022. $1,950,000 Last Sold Price. It is owned by the Namdar Realty Group. There are 2 vacant anchor stores that were once Macy's and Boscov's. The rumors have been circulating for years, ever since the mall started to show its age. With a growing number of mall-based retailers facing financial peril, Simon Property Group CEO David Simon said during a recent conference call that the company would consider investing in some of the firms largest tenants to keep them strong, according to CNBC. There are 2 additional anchor spaces, with one serving as a Macy's fulfillment center since the 2020 holiday season and a vacant anchor spot last occupied by Sears. 1500. We provide all of our guests with free Verified Wi-Fi, a free expanded cable . Store Hours Monday: 11:00 AM - 8:00 PM Tuesday: 11:00 AM . The mall features a carousel, scenic elevator, and formerly featured a fountain. We are also not far from Six Flags Great Adventure, the Oxford Valley Mall and Trenton - Mercer Airport (TTN). It will feature a120,000 square-foot fitness center and has drawn developers to nearby properties to add new condos and living areas. The firm working to add the two housing buildings to the Oxford Valley Mall,CornerstoneTracy was involved in construction of the high-endAVE King of Prussiaapartment and extended stay complex located right next to theKing of Prussia Town Center mixed-use development. The Oxford Valley Mall, the largest retail property in Bucks County, is in the middle of a major renovation project. The many of the big shops have closed their doors, fallen to the surge of on line shopping. Bucks County's largest shopping destination 150+ stores. According to sources, an area of the parking lot will be used for the possible developments. Simon Property Group Acquisition Holdings Inc. The assessed value or taxable value of the malls is different from their estimated market value. We can go back to the recession of 2008, and we, as municipal governments, experienced a lot of assessment appeals, said township manager Stephanie Teoli Kuhls. The store is nearing the end of its useful life and has not been completely transformed to compete with newer locations. In February 2022, the Simon Property Group submitted its last annual report to investors. close menu. The former Boscovs has been vacant since 2008, and the Sears closed earlier this year as the other two stores. At other shopping locations,Simon Property Group has been working on redevelopment plans that feature mixed use development. The main entrances to the mall are located along Woodland Road or State Hill Road. The mall is the only regional shopping mall in a 60-mile (97km) radius. Strawbridge's, formerly Strawbridge & Clothier, was a department store in the northeastern United States, with stores in Pennsylvania, New Jersey, and Delaware. OXFORD VALLEY MALL JANUARY 2023 FREE ROBUX BRING YOUR ROBLOX DEVICE FREE ROBUX BE 1 OF THE FIRST 5 KIDS TO REGISTER AND RECEIVE FREE ROBUXS. Victoria's Secret, Express, Claire's, Kay Jewelers, American Eagle, and the Disney store were some of the major stores that were not open. 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. Large Parties. The proposed development would take the form of a 600-plus luxury apartment building at the former Boscovs site at the mall complex in Middletown, located between Woodbourne and Oxford Valley roads off Route 1. There is a storefront that has a paintball party space, and not one but two "Game Zones" with a plethora of arcade and claw games. The two buildings would feature about 10 percent studio apartments, 50 percent one-bedroom units, and 40 percent two-bedroom units. J.C. Penney declared bankruptcy in May. The store closed on January 7, 2019. Macys announced in February 2021 that it would close two stores in California in the first quarter of 2021. First published on June 5, 2020 / 12:11 PM. Its anchor stores include Bloomingdale's, Dick's Sporting Goods, Macy's, Neiman Marcus, Nordstrom, and Primark with two vacant anchor spots last occupied by JCPenney and Lord & Taylor. 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