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Promenade Saucon Valley

Coordinates: 40°33′35″N 75°24′41″W / 40.5597°N 75.4114°W / 40.5597; -75.4114
From Wikipedia, the free encyclopedia
Promenade Saucon Valley
Promenade Saucon Valley logo
The Promenade Saucon Valley in Center Valley, Pennsylvania, July 2021
Map
LocationCenter Valley, Pennsylvania, U.S.
Opening dateOctober 27, 2006[1]
DeveloperPoag and McEwen[2]
ManagementCentennial Advisory Services and MSC[3]
No. of stores and services55[4]
Total retail floor area475,000 square feet (44,100 m2)[5]
ParkingParking lot
WebsitePromenade Saucon Valley

Promenade Saucon Valley (formerly The Promenade Shops at Saucon Valley) is a lifestyle center that is located in Center Valley, Pennsylvania.[2] Major stores include American Eagle Outfitters, Banana Republic, Barnes & Noble, Brooks Brothers, Fresh Market, Old Navy, and AMC Theatres with sixteen screens, including an IMAX theater.[6][citation needed]

History

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The lifestyle center opened on October 27, 2006, at a cost of $125 million.[1][7] A parade was held to celebrate the center's opening.[1] The Promenade is home to the first L.L.Bean outfitter in Pennsylvania.[8]

In January 2020, the center lost several stores, increasing its vacancy to eighteen percent.[9][10] Several more stores closed during the Promenade's March 17, 2020 to June 5, 2020 COVID-19 pancemic shutdown, increasing vacancy to twenty-five percent.[4] Centennial Advisory Services and MSC took over leasing and management of The Promenade Shops at Saucon Valley in April 2022.[3]

In April 2024, the Promenade Shops at Saucon Valley was renamed Promenade Saucon Valley due to the repositioning of the center and tenant changes.[11][12]

References

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  1. ^ a b c "Parade to mark Promenade's opening". The Morning Call. October 27, 2006. Retrieved 4 January 2021.
  2. ^ a b Blumenau, Kurt (August 19, 2006). "Plenty in store at lifestyle center mall ** Starbucks among new names of 44 tenants in Upper Saucon. ** PROMENADE SHOPS AT SAUCON VALLEY". The Morning Call. Retrieved 4 January 2021.
  3. ^ a b Popichak, Josh (29 April 2022). "Management Change Announced at Promenade Shops at Saucon Valley". Saucon Source. Retrieved 3 June 2022.
  4. ^ a b Kneller, Ryan (August 19, 2020). "Promenade Shops at Saucon Valley loses three chains, bringing vacancy rate to about 25%". The Morning Call. Retrieved 4 January 2021.
  5. ^ Bresswein, Kurt (4 November 2015). "Most on Bethlehem council want to change tower proposal". Lehigh Valley Live. Retrieved 4 January 2021.
  6. ^ AMC Theatres Center Valley website
  7. ^ Blumenau, Kurt (October 21, 2006). "Promenade Shops offers a peek ** Area's newest shopping center gives a press tour a week before its opening". The Morning Call. Retrieved 4 January 2021.
  8. ^ Blumenau, Kurt (February 22, 2006). "Valley bags first L.L. Bean in state ** Maine retailer expected to open in Saucon Valley lifestyle center in October". The Morning Call. Retrieved 4 January 2021.
  9. ^ Kneller, Ryan (January 6, 2020). "4 businesses, including Cosi and Crepe Soleil, close at Promenade Shops at Saucon Valley". The Morning Call. Retrieved 4 January 2021.
  10. ^ Sroka-Holzmann, Pamela (7 January 2020). "6 more closures add to up to at least a dozen vacancies at the Promenade Shops". Lehigh Valley Live. Retrieved 4 January 2021.
  11. ^ Kneller, Ryan (15 April 2024). "'Brand refresh': The Promenade Shops at Saucon Valley gets new name, upgrades". WFMZ. Retrieved 17 April 2024.
  12. ^ Wescoe, Stacy (15 April 2024). "Popular shopping center debuts new name". Lehigh Valley Business. Retrieved 17 April 2024.
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40°33′35″N 75°24′41″W / 40.5597°N 75.4114°W / 40.5597; -75.4114