Beaver Valley Mall Back On Market For Sale

PITTSBURGH, PA (NewsRadio 1020 KDKA) - Philadelphia-based PREIT management announced Monday (July 18) that the Center Township mall is back on the market.

A spokesperson reportedly said the recent announcement by Shell Chemicals Co. to build a multi-billion dollar ethane cracker plant in neighboring Potter Township played a significant role in the decision.

Beaver County Chamber of Commerce President Jack Manning told KDKA's Maria Gabriel Tuesday that "...if it's surprising that it's back up on the market I think they clearly want to see how they can maximize the assets are there and get a good return on those assets."

Manning went on to say that because of Shell Plant "..there has been a lot of interest over the last several years.." in the Beaver County Region. Manning told Gabriel that is has been very excited that Shell is planning a 5-7 million dollar investment in the valley. He says much of the infrastructure has been under construction but it is vital for the upgrades. Here is more of Gabriel's one-on-one...

Gabriel reports it remains to be seen if a new owner will keep the mall as is or transform it into an office or apartment complex that could support those coming here to work in the natural gas industry.

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.