BET Investments whose plans are to redevelop the Granite Run Mall site as an upscale town center with residential, retail, restaurant and entertainment components plans to begin demolition of the distressed retail center in the fall of 2015. The mall’s anchor stores Boscov’s and Sears will remain. The initial phase of development that has been postponed twice, would be the mall teardown and construction of a high-end, 175-unit apartment building on the former Chi-Chi’s restaurant site fronting Route 352. A second four-story apartment building is targeted for land abutting Oriole Avenue, near the current site of an AMC movie theater. Construction of the second apartment building will not start until the first apartment building is leased at a threshold satisfactory to Middletown Council.
Wallingford PA Real Estate – Wallingford, PA 19086
