Moorestown Mall awarded 4 liquor licenses

Posted: August 07, 2012

The Moorestown Township Council has awarded four liquor licenses to the operator of Moorestown Mall for slightly more than $4 million.

The Pennsylvania Real Estate Investment Trust (PREIT) plans to use the licenses, the first awarded in the previously historically dry town, at as-yet-unidentified restaurants expected to open next year.

The council voted unanimously Monday to accept the liquor license proposals submitted by PREIT's subsidiaries, Moorestown Beverage I and Moorestown Beverage II. The companies must undergo background checks before the licenses are formally issued in the next month or so, Town Clerk Patricia Hunt said.

A fifth bid, submitted by adjacent East Gate Square shopping center, was put on hold until a Superior Court judge can hear an appeal by that shopping center next Wednesday. In a November referendum on whether to allow liquor to be sold in the township, voters restricted the licenses to restaurants in Moorestown Mall, which East Gate says is unfair and illegal. East Gate bid just over $1 million for a license.     - Jan Hefler

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