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Greenleaf at Cheltenham

Field	Value
name	Greenleaf at Cheltenham
image	CheltTwp 21.JPG
caption	Former Cheltenham Mall, looking Northeast
location	Cheltenham Township, Pennsylvania, U.S.
address	2385 Cheltenham Avenue
Philadelphia, PA 19150
coordinates
opening_date	1959 (as Cheltenham Square Mall)
April 20, 2018 (as Greenleaf at Cheltenham)
developer	Edward J. DeBartolo Corporation
manager	Metro Commercial
owner	Metro Commercial
number_of_stores	20
number_of_anchors	4
floors	1
floor_area	774470 sqft
parking	Parking lot
publictransit	SEPTA bus:
website	Greenleaf at Cheltenham

Philadelphia, PA 19150 April 20, 2018 (as Greenleaf at Cheltenham)

Greenleaf at Cheltenham, formerly the Cheltenham Square Mall, is an outdoor shopping center and former enclosed shopping mall, which is situated on Cheltenham Avenue between Ogontz Avenue (PA 309) and Washington Lane on the border of Philadelphia and Cheltenham Township, Pennsylvania. It draws most of its customers from Northwest Philadelphia.

Greenleaf at Cheltenham is anchored by Target, ShopRite, Burlington, and The Home Depot and contains smaller stores and restaurants such as Marshalls, LA Fitness, Old Navy, Panda Express, Mad Rag, KicksUSA, Oak Street Health, and Chipotle Mexican Grill.

History

Cheltenham Square Mall, formerly the Cheltenham Shopping Center, opened in 1959

It had 634052 sqft of retail space. The mall was taken over by New York City based Thor Equities when Simon Property Group sold the mall in 2005 for $71.5 million.{{cite news

Gimbels was an original anchor and closed in 1986. The lower level of the store became a ShopRite grocery store in 1995, and the upper level was slated to become a Bradlees discount store a year later. However, Bradlees never opened due to bankruptcy, so their space instead became Burlington Coat Factory (now known as Burlington). Also in 1997, the Clover store closed and was replaced by Value City.

In December 2005, Cheltenham Mall was acquired by Thor Equities for $71.5 million from Simon Property Group. In 2009, Target replaced the United Artists Theatre and moved in as an anchor.

In summer 2014, the mall was foreclosed and put up for sale. Sun Equity Partners purchased the mall for $30 million in January 2015. The mall underwent renovations and opened new stores as an outdoor shopping center starting in 2018. The property was renamed Greenleaf at Cheltenham after redevelopment.

On April 20, 2018, a grand opening was held for the Greenleaf at Cheltenham shopping center.

References

(February 13, 1995). "A road well traveled Chelthenham Avenue's two vintage shopping centers shake off the dust and reinvent themselves". [[Philadelphia Daily News]].
[[Bridgett M. Davis]]. (January 14, 1988). "Making over a shopping mall". The Philadelphia Inquirer.
Kostelini, Natalie. (January 27, 2015). "Cheltenham Square Mall sells for $30M". Philadelphia Business Journal.
Rose DeWolf. (February 18, 1997). "Burlington Coats coming to Cheltenham". Philadelphia Daily News.
WRITER, Suzette Parmley, STAFF. "Cheltenham Mall tries radical reinvention: Opening up the roof".
(2017-07-11). "Natixis Originates $55M Redevelopment Loan for Philadelphia Retail Asset".
Parks, Jessica. "'Warmer' look, new name for Cheltenham Mall".
"Greenleaf at Cheltenham". Metro Commercial.
Staff. (April 20, 2018). "Greenleaf at Cheltenham celebrates grand opening". MONTCO.Today.

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

buildings-and-structures-in-montgomery-county,-pennsylvania cheltenham-avenue cheltenham-township,-pennsylvania shopping-malls-established-in-1959 shopping-malls-established-in-2018 shopping-malls-in-pennsylvania tourist-attractions-in-montgomery-county,-pennsylvania west-oak-lane,-philadelphia

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