Overhaul Possible For West Mifflin’s Century III Mall

The Century III Mall could be in for a dramatic makeover as the owner considers demolishing part of the complex to provide more retailers with outside entrances and bring in medical offices and a hotel.

A preliminary plan posted — and later removed on Thursday — from the website of the mall’s owner, Las Vegas-based Moonbeam Capital Investments, called for opening the center part of the 1.3 million-square-foot complex so that it would resemble more of a outdoor shopping plaza.

It also called for a movie theater and 14,800-square-foot hotel, as well as transforming a vacant Sears store into medical offices or an assisted living facility.

Calls and email messages left for Moonbeam officials were not returned. However, West Mifflin officials said they had been talking with Moonbeam about the overhaul.

Read more: http://triblive.com/business/headlines/8458529-74/mall-moonbeam-century#ixzz3bXtyh8Hk
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Plans To Transform Underperforming Burlington Mall

Over the next two to three months, officials in Burlington Township will be getting architectural and civil engineering drawings of what the new Marketplace at Burlington – formerly Burlington Center Mall – will look like, as well as a count of the traffic it is hoped it will generate.

By mid-spring of next year, owner Moonbeam Capital Investments L.L.C. of Las Vegas says, groundbreaking will begin to convert the underperforming mall into a must-see destination off Exit 47A of I-295 for shopping, dining, and entertainment.

If all goes as planned, the $230 million-plus phased conversion will also include manicured green spaces with benches and fountains that seamlessly tie a traditional mall with an open-air town center.

The full build-out is expected to take from two to three years and will be done in stages. The mall will stay open the entire time.

Read more at http://www.philly.com/philly/business/20150124_Plans_to_transform_underperforming_Burlington_mall.html#ryTRJvJqSdssWhue.99

Century III Mall In West Mifflin Slides Into Retail Abyss

Map of Pennsylvania highlighting Allegheny County

Map of Pennsylvania highlighting Allegheny County (Photo credit: Wikipedia)

Jay Natale had a good year in 1979.

The Steelers won the Super Bowl. The Pirates won the World Series. And Natale opened a sporting goods store in the new Century III Mall in West Mifflin.

“The first year was unbelievable,” Natale, 70, of Elizabeth said, recalling a mobbed grand opening at the mall. “We hit the jackpot on that one.”

The jackpot lasted for nearly 20 years.

Since then, the mall has spiraled downward, losing customers, retailers and property value, which drained hundreds of thousands of dollars in property taxes from West Mifflin and its school district.

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Century III New Owner Seeks To Reverse Vacancy Trend With New Theater

Map of Allegheny County, Pennsylvania, United ...

Map of Allegheny County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)

The owner of Century III is betting that a movie theater could help revitalize the struggling West Mifflin mall.

Las Vegas-based Moonbeam Capital Investments LLC, which bought the mall in May, said it is negotiating with two national chains with a Pittsburgh-area presence to open a first-run movie theater with stadium seating in Century III. Shawl L. Pryor, senior vice president of real estate, won’t name the companies because no lease has been signed.

Contending with a high vacancy rate, about 32 percent, and low foot traffic, the 34-year-old mall needs an entertainment component as part of its revitalization, Moonbeam said.

“We believe that it’s a very important aspect of why people go back to the mall. It’s not just to buy clothing anymore,” Moonbeam Chief Executive Officer Steven Maksin said.

Read more: http://triblive.com/news/allegheny/5157496-74/mall-iii-century#ixzz2nGz6riE4
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