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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
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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