The Concord Mall in Wilmington could be partially demolished as part of a proposed redevelopment plan under review by officials in New Castle County.
Built in 1968, the mall sits about a mile south of Pennsylvania’s border with Delaware, near the intersection of Route 202 and Naamans Road. The 850,000-square-foot property has been in decline for years. Commercial real estate firm J.C. Bar lists 26 vacant storefronts, including the former Sears anchor that closed during the COVID-19 pandemic. The mall was about 77% occupied as of last December.
The proposed redevelopment would be led by Montgomery County-based Abrams Realty & Investment, the same firm that has been tied up in a legal dispute over the proposed redevelopment of the shuttered Exton Square Mall in Chester County. Abrams Realty is under contract to purchase the mall from Namdar Realty Group, the Philadelphia Business Journal reported in May…