Over the past year, MoreThanTheCurve.com has reported a couple times on the plans for a major renovation of Plymouth Square Shopping Center (where Weis Market is at the corner of Butler and Ridge Pikes in Conshohocken).
We have now learned that the shopping center was sold in April to Brixmor Property Group (which has a regional office in Conshohocken). The sale price was $56 million.
Below is a statement from Brixmor:
Brixmor Property Group has purchased Plymouth Square shopping center at the corner of Ridge and Butler Pikes.
We are currently in the preliminary review stages on how to best meet the needs of the community. We look forward to sharing more details as plans are formalized.
Doesn’t sound like Brixmor is locked into the renovations as they were previously planned.
Brixmor now controls two of the four corners at Butler and Ridge Pikes. It manages and leases, but doesn’t own, the Whitemarsh Shopping Center where Giant and Panera are located.
Photo: Rendering from previous owner that shows the planned renovations.