Overview
- Abrams Realty says it intends to buy the 910,000-square-foot mall, demolish most of it except Boscov's, and replace it with an open-air retail center.
- Peter Abrams projects a property closing by March 2026, a construction start in early 2027, and a potential reopening in mid-2028.
- The developer reports serious talks with national retailers but has not announced any tenants.
- The mall remains open with more than 60 businesses, many on short-term leases, and some owners express concern about displacement despite assurances for longer-term tenants.
- Wyomissing leaders voice cautious support as the plan promises higher tax revenues and calls for modernized site infrastructure, including a rebuilt stormwater system.