Long-awaited plans for Granity Run Mall
The Horsham-based company BET Investments have finally unveiled their plans for Granite Run Mall. They are going to model it after their other mall, Hunt Valley Towne Center in Maryland. The new mall will have an outdoor courtyard with a walkable mall, green spaces and benches. The three anchor stores right now Sears, JC Penney and Boscov’s are staying due to long-term leases. The present stores have been notified that they have to leave by December 31st. The idea is that the new mall wants to cater to entertainment, restaurants and medium to higher end retailers.
Residentail apartments are also part of the project. Avalon Bay is expected to develop the apartments which are expected to rent for $1,500-1,800 per month.
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