The Foundry to be Razed
The Foundry at South Strabane, a retail development near Washington, Pennsylvania, will be demolished. The first tenant to locate at The Foundry was JCPenny’s in February 2007, after it relocated from the languishing Washington Mall. Other tenants included Ross Dress for Less and Bed Bath & Beyond. But the development, built atop an old mine dump and steep hillside, began to settle and the buildings began exhibiting structural failures.
The property owner, Premier Properties, began experiencing financial troubles and filed for bankruptcy, eventually liquidating. Eventually, the CEO of Premier, Christopher White, was charged with defrauding a bank and committing check fraud.
The Staenberg Group of St. Louis, Missouri purchased The Foundry and announced in January 2013 that it would demolish nearly all of the stores for redevelopment.