Upscale Eateries Give Struggling Malls A Lift

After perusing a few boutique stores and getting her hair done at Rizzieri Salon & Spa at Moorestown Mall, Jamie McCulloh-Martin decided to go for dinner at Osteria a few doors down.

“I’ve been here more in the last 1½ years since [Osteria] opened than in all of my 22 years living in Moorestown,” said McCulloh-Martin, 50, owner of a physical therapy chain, who ate outdoors with her administrative director, Kelly Casio. “The mall is really changing, and for the better.”

In the new mall world order, you can taste Jose Garces’ tacos at Moorestown Mall, Bobby Flay’s burgers at Cherry Hill Mall, and filet mignon at Morton’s – the Steakhouse at King of Prussia Mall.

The mall and high-end restaurants have struck up a marriage that’s holding on to shoppers longer and generating a better return for powerhouse owners such as Pennsylvania Real Estate Investment Trust (PREIT) and Simon Property Group.

Read more at http://www.philly.com/philly/business/20150524_Upscale_eateries_give_struggling_malls_a_lift.html#61pW5raHst0VyXYE.99

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