Philadelphia Business Journal

PREIT Has Big Plans for Plymouth Meeting Mall's Shuttering Macy's

The owner of the Plymouth Meeting Mall is using the impending closure of the Macy's department store as an opportunity to "enhance the shopper experience" and further the suburban shopping center's reinvention as a lifestyle destination.

The Pennsylvania Real Estate Investment Trust CEO Joseph Coradino took a positive spin on t he shuttering Macy's, telling the retail space's future tenant will continue the suburban "mall's transformation into a lifestyle destination" and referenced organic supermarket chain Whole Foods as an example.

Coradino explained to that Whole Foods-like doesn't necessarily mean a supermarket with take out eateries will occupy the space.

“Rather, it would be like Whole Foods [in that it supports] the mall as a lifestyle destination."

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