The Promenade at Granite Run, formerly known as Granite Run Mall, is a mixed-use development in Middletown Township, Delaware County, Pennsylvania, a western suburb of Philadelphia. The mixed use development consists of residential, retail, and entertainment opened in 2018 to replace what was known as the Granite Run Mall, a double-level shopping mall that existed between 1974 and 2015. Two of the original mall tenants, Boscov's and Sears, remained open during the transition. History The property originally opened as the Granite Run Mall in 1974 with Gimbels, JCPenney, and Sears as the original anchors. In 1986, the Gimbels store was converted to Stern's after Allied Stores purchased seven Gimbels locations in the Philadelphia area. In 1989, Stern's closed and was eventually replaced with Boscov's in 1993. In 1998, Simon Property Group and Macerich purchased the mall, with Simon responsible for managing the mall. The Granite Run Mall had a total of 125 stores at its peak. In the 2000s, The Granite Run Mall saw an increase in vacancies and its owners started exploring options for selling the mall. In February 2011, Simon and Macerich were over 30 days delinquent on the mall's $115 million mortgage, leading to the possibility of a sale or forfeiture of the mall. On April 1, 2011, Simon Property Group gave the mall back to its lender and the lender appointed Madison Marquette as the leasing and management agent. Madison Marquette announced plans to improve lighting, the parking lots, and sidewalks as well as to fill vacancies. Redevelopment and closure On September 23, 2013, the Granite Run Mall was sold to BET Investments, a real estate development firm owned by Bruce Toll and Michael Markman, at a cost of $24 million. BET Investments intends to convert the mall into a mixed-use development consisting of residential, retail, and entertainment. The initial plans for the redevelopment project would keep the three anchor stores but would demolish the remainder of the mall and replace it with an outdoor shopping and dining area. The plans also included the construction two four-story apartment buildings with a total of 365 units between them. Other features that were planned in the redevelopment included a larger movie theater and standalone restaurants. On August 25, 2014, updated plans were revealed for the redevelopment. The three department stores would remain, with the upper level of JCPenney becoming a movie theater, while the interior of the mall