Plymouth Meeting Mall's Future Shaping Up as Mixed-Use Development
The iconic Plymouth Meeting Mall is on the cusp of a significant transformation. The mall, which has been a staple in the local community for decades, is set to be sold to LA Partners, a developer with plans to transform it into a vibrant mixed-use development.
According to Jared Chupaila, CEO of PREIT, the mall's current owner, the sale will enable the property to "evolve in ways that best serve the community." The deal, worth over $100 million, is expected to close in late January and is anticipated to kick off a major renovation process. Construction is slated to begin in 2027, with an opening date set for 2028.
The new development will feature a mix of residential units, athletic fields, and a community center, according to Dean Adler, executive chairman at LA Partners. This proposal has been in the works for some time, but it appears that West Whiteland Township's rejection of the project has finally led to its sale.
It's worth noting that this development will be part of a larger trend of repurposing underutilized commercial spaces into mixed-use hubs. LA Partners already owns several properties in Philadelphia, including the Battery apartments and the 885,000 square-foot Bellevue building in Center City.
The Plymouth Meeting Mall's current owner, PREIT, has been undergoing significant changes in recent months. The company exited Chapter 11 bankruptcy in April 2024 and has since rearranged its portfolio, finalizing a $34.25 million sale of the Exton Square Mall to Abrams Realty.
However, it seems that West Whiteland Township's rejection of the proposed redevelopment plan for the Plymouth Meeting Mall may be coming full circle. Abrams Realty, which purchased the Exton Square Mall in March, plans to file a lawsuit over the rejections from the board of supervisors.
As the new ownership takes shape, one thing is certain β the future of the Plymouth Meeting Mall will be significantly different than its current form.
The iconic Plymouth Meeting Mall is on the cusp of a significant transformation. The mall, which has been a staple in the local community for decades, is set to be sold to LA Partners, a developer with plans to transform it into a vibrant mixed-use development.
According to Jared Chupaila, CEO of PREIT, the mall's current owner, the sale will enable the property to "evolve in ways that best serve the community." The deal, worth over $100 million, is expected to close in late January and is anticipated to kick off a major renovation process. Construction is slated to begin in 2027, with an opening date set for 2028.
The new development will feature a mix of residential units, athletic fields, and a community center, according to Dean Adler, executive chairman at LA Partners. This proposal has been in the works for some time, but it appears that West Whiteland Township's rejection of the project has finally led to its sale.
It's worth noting that this development will be part of a larger trend of repurposing underutilized commercial spaces into mixed-use hubs. LA Partners already owns several properties in Philadelphia, including the Battery apartments and the 885,000 square-foot Bellevue building in Center City.
The Plymouth Meeting Mall's current owner, PREIT, has been undergoing significant changes in recent months. The company exited Chapter 11 bankruptcy in April 2024 and has since rearranged its portfolio, finalizing a $34.25 million sale of the Exton Square Mall to Abrams Realty.
However, it seems that West Whiteland Township's rejection of the proposed redevelopment plan for the Plymouth Meeting Mall may be coming full circle. Abrams Realty, which purchased the Exton Square Mall in March, plans to file a lawsuit over the rejections from the board of supervisors.
As the new ownership takes shape, one thing is certain β the future of the Plymouth Meeting Mall will be significantly different than its current form.