Last fall, we speculated that the PREIT‘s purchase of 901 Market St. could mean that the Gallery Mall was finally close to undergoing a very necessary renovation and re-imagining. At that time, a Philadelphia Business Journal article suggested that the company was planning to turn the mall inside out, if you will, reorienting the customer experience to Market Street and ostensibly improving the retail mix at the same time.
While that would clearly be extremely beneficial to the first floor and basement levels, we don’t imagine that it would do much good for the mall’s second or third floors. And it seems that the owner of the mall agrees. According to Edith Vaara of PREIT, plans are afoot to convert the second and third floors of…