Remake of Granite Run Mall at Forefront of New Trend

Photo courtesy of Rick Kauffman, Digital First Media.

The resurrection of the abandoned Granite Run Mall in Middletown Township as a mix of entertainment, dining, retail, apartments, and office space could become the face of the future.

What was propped up by a $122 million loan a decade ago sold for $24.2 million in 2013 and invited a $120 million redevelopment by BET Investments. Granite Run is currently being transformed into a hub of 400 apartments, 808,000 square feet of retail, 12,000 square feet of office space, a dozen restaurants, a theater, and a bowling alley, according to a Philadelphia Inquirer report by Suzette Parmley.

“The key to being successful is to see what other people don’t see,” BET President Michael Markman said. “The live/shop/work environment is what people are looking for. It’s almost a blueprint for success for these enclosed malls all over. They tend to be good real estate.”

Construction on the Granite Run remake’s office space began a month ago, and two retail buildings got the green light last week. Completion is expected in 2018.

Read more about the trend BET is helping lead at Granite Run in the Philadelphia Inquirer here, and check out previous DELCO Today coverage of the mall here.

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