lycoming crossing shopping center

Why would department stores, which have been losing business to e-commerce and experiential retail, continue to be used as the standard in co-tenancy clauses in leases? Very frankly if you buy a mall you buy the leases that are in place, Dittmer said. Pennsdale, Pa. - Lycoming Crossing shopping plaza continues to grow as the nearby Lycoming Mall continues to lose stores. There are 113,605 people in 47,022 homes with a median household income of $60,494 in Lycoming County. Dont miss an exciting opportunity to join the retail market in Lycoming County today. There are only 13 remaining stores in the mall, making it hard to imagine what it was like before. It is a sad day for many mallgoers when their favorite stores close. Some of the stores include Macys, JCPenney, Boscovs, and Dicks Sporting Goods. 240 South Lycoming Mall Rd . What's happening today? Other stores included Books-A-Million. The End Of An Era: Lycoming Mall To Close Its Doors For Good However, an unconfirmed source reported that a rental agreement could not be successfully reached with the shopping centers landlord. The Lycoming County Planning Commission has approved a development plan that will allow for the construction of a Starbucks and a Chick-fil-A restaurant in Muncy Township. It is anchored by J.C. Penney, Macy's, and Sears. This fast food restaurant can be found in Muncy Township, Pennsylvania. There are many stores open at Lycoming Mall. Finally, the supervisors awarded a contract for its annual vegetation control to D.A.D.s Landscaping. 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 Township, Lycoming County, Pennsylvania. When asked if Marshalls plans to open a store at Lycoming Crossing, Katie Bubb, marketing supervisor for Marshalls, said: At this time, Marshalls has not announced a new store opening in Muncy, Pa. According to the CBRE map, Marshalls is a proposed store for the former Bed, Bath and Beyond parcel. The Lycoming Mall shopping center is a shopping center located 12 miles east of Williamsport, Pennsylvania, off Route 220 and Interstate 180. The issue came down to the co-tenancy provision in the lease, which required other stores in a shopping center to be occupied by specific businesses or suitable replacements. Recently, a number of stores have been forced to close in Lycoming Mall. The Lycoming Mall is a regional shopping mall located in Muncy Township, Lycoming County, Pennsylvania. Visit us online at shoplycomingmall.com Lycoming Mall | Muncy PA And what if, as a result of the anchors departure you are actually selling more sporting shoes [for example]? Interstate 180 Exit Guide | Pennsylvania Highways Success! You'll only need to enter these one time. Vision Properties serves as Property Manager and Asset Manager. The Planning Commission of Lycoming County unanimously approved the development plan for a Starbucks and a Chick-fil-A restaurant on the property known as Lycoming Crossing during its meeting on Wednesday. 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. 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. Adding a business to Yelp is always free. Lycoming Crossing is a shopping center in Muncy, Pennsylvania. When that allegedly failed, Ross set off the amount of the overpayment in its rent going forward until September 2011, when the landlord terminated the lease. We can be burdensome on the system.. Visit the DICK'S Sporting Goods store in Muncy, PA | 1513. Lycoming Crossing Shopping Center. The mall has over 80 stores and restaurants, as well as a food court. Rumors have circulated for at least a year that Dicks Sporting Goods will leave the mall. 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. 17th Street: Altoona Railroaders Memorial Museum Penn State Altoona . The Lycoming Mall opened in 1976 and was the first enclosed shopping mall in north central Pennsylvania. Lycoming Crossing Shopping Center - MapQuest Thats part of the deal. With that said, he noted: Everything is negotiable in real estate.. Lycoming Mall was a shopping mall located twelve miles east of Williamsport, Pennsylvania off Route 220 and I-180. However, that doesnt mean that it couldnt happen in the future. The store will move into the area of the former Dressbarn and Cato Fashions, the associate said. Lycoming Crossing Shopping Center is Williamsport's most attractive and growing retail centers. [23][24][25] J. C. Penney closed at the mall on July 31, 2017. The malls owners must outline their plans for the mall. [26][27][28][29] Sears was announced to close in January 2018. CINDY KNIEr/The Luminary The malls employees will now have to find new jobs, and the loss of tax revenue will be felt by the city and county. Photos herein are the property of The username or password you entered is incorrect. Target - Shares plunged 25.6% after the retailer reported disappointing quarterly results, citing high fuel costs and inventory troubles. The retail sports store will relocate to the Lycoming Crossing shopping center across the street. Were running into issues continually with department stores evaporating, the source said. Its on the landlord to be certain to negotiate rational remedies if such a co-tenancy violation occurs, Conlon emailed, remedies that do not permanently impair the property. Gap Factory Store, Lansdowne Place - Peterborough, ON . The future of the Lycoming Mall property is unclear at this time. LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. The property is anchored by big-box retailers including Ross. Lycoming Vision Group Ventures By clicking "Log In," I agree to LoopNet's. Today's breaking news and more in your inbox. It is our pleasure to express our gratitude for their assistance in these difficult times. Lycoming County is home to the Little League World Series as well as Lycoming College and Pennsylvania College of Technology. Please send these emails only to people you know who would be interested in this property. The mall also features a food court, a movie theater, and a variety of smaller stores and restaurants. Upcoming Event. We have sent an email to your inbox containing a link to confirm your interest in our signup list. Ballard Spahr Partner Matthew White, who represented Ross in the Pennsylvania case, wasnt available to comment. The Lycoming Mall is a shopping mall located in Lycoming County, Pennsylvania, United States. There are also a number of restaurants and cafes that are open in the mall, such as The Cheesecake Factory, P.F. The mall has since been expanded and renovated several times. {{ getErrorText(feedbackForm.starRating, 'rating') }}, {{ getErrorText(feedbackForm.msg, 'rating') }}, {{ getErrorText(feedbackForm.fname, 'first name') }}, {{ getErrorText(feedbackForm.lname, 'last name') }}, {{ getErrorText(feedbackForm.phone, 'phone number') }}, {{ getErrorText(feedbackForm.phonex, 'phone extension') }}, {{ getErrorText(feedbackForm.email, 'email address') }}, You can provide feedback any time using the Help, 1203 Lycoming Mall Circle | 1203 Lycoming Mall Cir, Passwords is too common or does not have at least 8 characters, This email address is already in use. This new store is expected to open in 2021, according to a company official. ft. of space and Gee Bee, Hess's, and Sears as anchors. The Appleton Building Camp Hill, PA. View Property. Lycoming Crossing Shopping Center was developed in 2008. Her family says the system betrayed her. The Lycoming College campus can be found in downtown Williamsport, just a few blocks from the Lycoming County Courthouse. The anchor store at the shopping center is closing as its lease expires. Foot Locker, Champs, and Europe Nails are among the latest editions to be added to the list. Copyright Muncy Luminary | https://www.muncyluminary.com | 1025 Route 405 Highway, Hughesville, PA 17737 | 570-584-2134. [31][32] The former Macy's was sold for over $500,000 to MC Storage Lycoming LLC, and it will be changed into storage. It will next meet April 14. 100% of your contribution to NorthcentralPa.com goes directly to helping us cover news and events in the region. If Chick-fil-A did decide to come to Lycoming County, it would likely be welcomed with open arms by the community. A call to mall management for comment was not immediately returned. 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. Boscovs Lycoming Mall is a regional shopping mall located in Muncy, Pennsylvania. Gap Factory Store, Holland Outlet Center - Ithaca, NY . 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. Winds SW at 5 to 10 mph. 17,447 were here. Error! The Lycoming Mall: A Victim Of The Changing Times Across from Lycoming Crossing Shopping Center, Preferred retail corridor for Lycoming County, Convenient proximity to Interstate 180 (28,100 VPD). Winds SW at 5 to 10 mph. Find store hours, phone number, address and in-store services for the DICK'S Sporting Goods in Muncy. 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. 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. The Debate On Whether Lycoming Mall Is Open | Denver Mart Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania. Europe Nails, Comfort Relax Spa, Holiday Hair, Brookside Custom Homes, and T-Mobile will remain in that corridor. The mall, which opened in 1974, has been in decline for years, and its closure will leave a significant void in the local retail landscape. Website. Arbitrators awarded Ross $1.9 million in June, and last month the court confirmed the award. The Lycoming Mall was not immune to this trend, and its closure is a sign of the times. As the anchor stores close, Macys, Sears, and JCPenny are among the retailers closing. 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. Muncy Township approved the zoning request to build a new building alongside the Five Below, however it is unknown when the new location will be open for business. More. This one is more like an outdoor outlet mall whilemore, It has a bright, scrubbed appearance, but it remains a small mall. The Muncy Township Starbucks and Chick-fil-A restaurant project has cleared the way for construction after the Lycoming County Planning Commission approved a development plan. 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. The closure of the Lycoming Mall is a sign of the changing times in the retail industry. This information has been obtained from sources believed reliable but has not been verified for accuracy Bath and Body Works is relocating to the nearby Lycoming Crossing. their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. The future of Lycoming Mall will largely depend on the surrounding community and the economy. A source close to Lycoming Crossing's ownership confirmed that the sporting goods store recently signed a lease. Gap Factory Store, Lycoming Crossing - Muncy, PA . Access to independent, local news is important, do you agree? Please try another or click, By clicking the button, you agree to LoopNet's. Hours including holiday hours and Black Friday information. The Lycoming Mall is the largest shopping mall in Lycoming County and is one of the largest malls in Pennsylvania. New to LoopNet? Limiting or avoiding exposure in the event of a co-tenancy default is achievable if you know how.. 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. [3][47] Lycoming Mall's interior closed on February 24, 2023. Gap Factory Store, Lakeport Commons - Sioux city, IA . It is anchored by J.C. Penney, Macys, and Sears. A retail sports store will relocate to the shopping center across the street from the sports store. 1203 Lycoming Mall Circle 1203 Lycoming Mall Cir - loopnet.com Location: Muncy, Pennsylvania, 170 South Lycoming Mall Rd, Muncy, Pennsylvania - PA 17756. As of 2019, its anchor stores are J.C. Penney, Dick's Sporting Goods, and Boscov's. Despite the fact that the remaining stores may attract new businesses, the malls future is unclear, according to the Lycoming County Chamber of Commerce. Contents 1 Stores 1.1 Current 1.2 Former 2 Restaurants 2.1 Current Lycoming Mall Lycoming Crossing Shopping Center: LEFT: EAST Milton: MILE 174: MILE 174: Lycoming Mall Drive: MILE 174: LEFT: Lycoming Mall Drive: MILE 174: LEFT: EAST Milton: MILE 174: MILE 174: [34] The mall lost power in late August 2018 due to owner not paying its PPL electric bill, but reopened the next day. The Best 10 Shopping Centers near Rome, PA 18837 - Yelp 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. The world has changed a lot since the 1950s when these malls were rolled out in a major way, the mall owner said. Circuit City opened in 2008. Lycoming Crossing and the nearby surrounding area is now the preferred retail corridor in Lycoming County. The closure of the Lycoming Mall will have a significant impact on the local economy. The shopping center enjoys excellent visibility from I-180 and is adjacent to the Lycoming Mall (800,000 SF of Retail). The restaurant was rumored to be the next fast-food option, but it is not expected to open. Target at Lycoming Crossing Shopping Center in Muncy, Pa. Photo: Metro Commercial via LoopNet A co-tenancy battle between department store chain Ross 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 arch was purchased by board members from Hess's and Crown American, with its dedication being in November 1978. Old Navy is expected to move into their new space by the end of March or early April, according to a store associate. The latest store to leave the mall near Muncy is Dicks sporting goods. Use of these images without the express written consent of the owner is prohibited. We apologize for the inconvenience. Pennsylvania has an estimated elk population of 210,000. [16] Value City would close in March 2008, with Burlington Coat Factory announced as its replacement in May. It was definitely constructedmore, of Wilkes-Barre Township's buildup that includes numerous new shopping centers and the Mohegan Sunmore. [n 1][14][8][49], Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}411426N 764936W / 41.240577N 76.82670W / 41.240577; -76.82670. [46] In mid-February 2023, ownership gave notices to vacate to the remaining interior stores except for Books-A-Million and Burlington. You must register your contact information to view secure information on this listing. We welcome any feedback on how we can improve LoopNet to better serve your needs. Bloomsburg, PA Walmart Outparcel - CBRE (Photo by Paul Weaver/SOPA Images/LightRocket via Getty Images) Is Petco open on Christmas Day 2022? How Many Stores Are In The Lycoming Mall?

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