YORK COUNTY, Pa. (WHTM) -- The York Galleria Mall is preparing redevelopment plans as big box stores continue to shut down across the country.
Within the last few weeks, both Bon-Ton and Sears announced store closures nationwide. York Galleria hosts both of those stores on its Springettsbury Township property.
CBL Properties, the owners of the mall, is considering a variety of options to fill storefronts that could be vacant as early as this summer.
Brokerage advisor Ben Chiaro of Rock Real Estate in York is working with CBL to recruit new tenants. He says they're open to retailers, restaurants, entertainment -- and even housing.
"This is a phenomenal piece of real estate and there are plenty of people that are looking for new high quality housing options," said Chiaro.
He says historically, mall's were meant to be mixed-use community spaces.
"They've (CBL) looked at the Galleria as an opportunity to really become a catalyst for reshaping what the next life cycle of what a mall is," said Chiaro. "The next wave is really going to push the envelope."
The mall has already had to redevelop after anchor tenant J.C. Penney's closed a few years ago. The group was able to convert the space for multiple businesses that now includes Marshalls, H&M and Gold's Gym.
CBL Properties released this statement to ABC27 News about their plans:
"We have been monitoring the situation with Sears and Bon-Ton very closely and have been working on contingency plans for the properties impacted. While we are still very much in preliminary stages, we are currently evaluating plans for a transformative redevelopment that could encompass both the Sears and Bon-Ton space, dramatically changing the dynamic of the property. The property has changed considerably over the last two years with the addition of H&M, Gold’s Gym and Marshall’s. We are optimistic about the future of York Galleria and look forward to its continued evolution. We’ll be excited to share additional information plans are finalized."
Copyright 2018 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
- Fiery crash slows traffic in Lancaster County
- Woman shot, killed at Harrisburg gas station
- Fiat Chrysler warns 4.8M owners: Don't use the cruise