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Walmart buys Pennsylvania mall for $34M to build mixed-use site with store, club, and rink by 2029.
Walmart has acquired Pennsylvania’s Monroeville Mall for $34 million, planning to demolish the 1969-era shopping center and replace it with a mixed-use development featuring a Walmart, Sam’s Club, retail shops, restaurants, and a skating rink.
The project, led by Walmart and Cypress Equities, seeks a $7.5 million state grant and aims for completion by 2029, with construction set to begin in late 2027.
Tenants with leases through April 2027 are being given time to vacate, though many express concern over limited communication and uncertainty about their futures.
Local officials view the redevelopment as a boost for economic revitalization, while some business owners are seeking alternatives or legal advice due to lack of transparency.
Walmart compra el centro comercial de Pensilvania por $ 34M para construir un sitio de uso mixto con tienda, club y pista de patinaje para el año 2029.