The Mall at Steamtown
||This article includes a list of references, but its sources remain unclear because it has insufficient inline citations. (August 2011)|
Mall atrium during The Office convention, October 2007
|Location||Scranton, PA, USA|
|Address||300 Lackawanna Avenue Scranton, Pennsylvania 18503|
|Management||Prizm Asset Management Company|
|Owner||Steamtown Mall Partners LP|
|No. of stores and services||88|
|No. of anchor tenants||3|
|Total retail floor area||565,000 sq. ft.|
|No. of floors||2 (3 in Boscov's)|
|Website||The Mall at Steamtown|
The Mall at Steamtown is a shopping center and the commercial centerpiece of Scranton, Pennsylvania, United States. It features nearly one hundred retail and specialty stores. The Mall at Steamtown was conceived in the mid-1980s as the keystone of downtown revitalization, though the project was not completed until 1993. Its opening in 1993 was nationally televised on CNN and attended by then-Pennsylvania Governor Robert P. Casey, Sr., who was instrumental in securing funding for and initiating development of the mall. The mall is built on approximately half of the former Delaware, Lackawanna and Western Railroad yard that was abandoned by Conrail in the late 1970s. The mall is two levels with a food court overlooking Steamtown National Historic Site on the second floor. The mall is located on Lackawanna Avenue in the heart of downtown Scranton, and includes a parking garage that stretches the length of the mall between Boscov's and the former The Bon-Ton. The mall will continue to operate while in Foreclosure.
The mall cost $90 million to construct. The Bon-Ton closed after the lease expired on January 31, 2014, and had a store in the mall for 13 years. A replacement store has shown interest, but is delayed due to the foreclosure.
Due to being unable to repay an $41 million mortgage due on July 11, 2013 the mall went into foreclosure on March 7, 2014 as requested by mortgage servicer LBUBS 2003-CV Lackawanna Retail GP (LNR Partners), with the approval of the current ownership. Included in the foreclosure is the Marquee theater, but not the Oppenheim and Samter buildings. An sheriff's sale could be held as early as June 10th, 2014 with a requested price of over $43.7 million. Contributing factors that caused the foreclosure include debt and low rent revenue (mall is only 65 percent occupied), along with local competition from The Shoppes at Montage and Viewmont Mall. Boscov's department store will bid for the mall at the auction, even though they were partners in Steamtown Mall Partners, the malls foreclosed owner. Steamtown Mall Partners also owes over $3.6 million in federal loans via the city of Scranton. Due to a missed payment, $613,000 has been withheld to Scranton from the United States Department of Housing and Urban Development.
- Boscov's Furniture Store
- The Globe Store, 1993-1994
- Montgomery Ward, 1993-2000
- Steve and Barry's, 2003-2009
- The Bon-Ton, 2000-Jan 31, 2014
Popular culture references
The Mall at Steamtown has been featured a few times on NBC's The Office, as a place where Stanley's daughter spends all of his money, home of the coffeehouse "Jitters", and where Michael takes the women out for a day of shopping. The season 3 episode "Women's Appreciation" is the first time the mall is actually seen. Michael takes Pam, Karen, Angela, Kelly, Phyllis, and Meredith to the mall to show them his appreciation. The mall is also seen in the Season 7 episode "Counseling". Dwight is trying to protest it due to the lack of courtesy service, though it was the result of a misunderstanding involving beet juice covering Dwight's hands and arms that an employee had mistaken for blood.
- Haggerty, James (March 8, 2014). "Troubled Mall at Steamtown headed for sheriff's sale in Lackawanna County". The Citizens' Voice. Retrieved 9 March 2014.
- Haggerty, James (March 6, 2014). "Boscov: Steamtown mall nearing foreclosure". The Citizens' Voice. Retrieved 10 March 2014.
- Schuyler, David (Oct 17, 2013). "Bon-Ton to close Scranton, Pa., department store". Milwaukee Business Journal. Retrieved 7 January 2014.
- "Boscov's Scranton". Boscovs.com. Retrieved May 15, 2013.
- Shapley, Dan (July 16, 2007). "The Death Of The American Mall (But Not Suburban Shopping)". thedailygreen.com. Retrieved May 15, 2013.