Abrams Realty & Development closed on its acquisition of Exton Square Mall on March 18, paving the way for a major redevelopment of the struggling retail center. Abrams Realty paid $34.25 million to purchase the 75-acre property in West Whiteland Township from PREIT. Abrams plans to preserve the Boscov’s department store and part of Round 1 arcade but demolish most of the rest of the 52-year-old mall, replacing it with:

• 376 apartments
• 243 townhomes
• 146,673 square feet of commercial space including shops and restaurants
• 95,232 square feet of fitness and entertainment
• 48,095 square feet of office space
• 47,392 square feet for a new Main Line Health facility
• 6,440 square feet for a daycare

The project is called Town Centre at Exton. Abrams said his vision is “to transform this property into a vibrant town center that will serve as a dynamic hub for the community and region.”
Source: Philadelphia Business Journal; 3/19/2025