Retrofit Atlas

Malls · Maryland

Francis Scott Key Mall

From the authors' mapRegreenedPartly retrofittedFrederick, MD

Opened 1978. Partial Regreened. · from the fields below

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Site profile11 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline
On FacebookThis site: …https://www.facebook.com/168903253508 overture · all sites with this
Website aliveThis site: …https://www.shopfskmall.com/ overture / http check · all sites with this
Place
30,000+ vehicles a day on an adjacent roadThis site: 111,131 on 270 fhwa-hpms · all sites with this
County typical rent $2,000+This site: $2,179/mo zillow · all sites with this
Fast-growing county (8%+ 2018–23)This site: 13% census-acs · all sites with this
Grocery within 800 mThis site: 6 stores openstreetmap · all sites with this
High social vulnerability tract (SVI ≥ 0.75)This site: 0.87 cdc-svi · all sites with this
Interstate or freeway within 600 mThis site: 270 fhwa-hpms · all sites with this
Opportunity ZoneThis site: 24021751003 hud-oz · all sites with this
Scale
Building footprint 50,000+ m²This site: 54,951 m² overture · all sites with this
Strategy
RegreenedThis site: Partial regreening, solar roof record · all sites with this

All elements and lists · Trends

From the authors' map

MD, Frederick: Francis Scott Key Mall
• Partial regreening, solar roof

Now

StatusPartly retrofittedauthors' map reported
StrategyPartial Regreenedauthors' map reported
What is there nowPartial regreening, solar roofauthors' map reported

Securitised debt and public filers

Filings (2001 to date) that name “Francis Scott Key Mall” and “Frederick” (135 hits, first 100 sampled, 1 other filers such as tenants left out). Only weak matches to commercial-mortgage trusts: the mall may have backed a securitised loan, or may just be mentioned in the filing; several trusts usually means one loan split into pari-passu notes. Earliest trust filing in the sample 2002-11-13 (a sample date, not the issuance date); candidate loan vintage 2002 from the trust name (weak match). Whether the loan is still in the pool, in special servicing or repaid is in the trust's monthly distribution reports, which are not searchable here. Text matches, not a title search. Open the search · all trusts.

KindFilerFilingsDatesForms
CMBS trust (weak)GE CAPITAL COMMERCIAL MORT CORP COM MORT PAS TH CE SE 2002 312002-11-13 to 2002-11-138-K 1
Public owner (strong)PENNSYLVANIA REAL ESTATE INVESTMENT TRUST952004-03-03 to 2023-11-148-K 75, 10-Q 13, 10-K 4, 8-K/A 3
Public owner (strong)CROWN AMERICAN REALTY TRUST32001-02-14 to 2003-05-158-K 2, 10-Q 1

As reported by the owner

Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.

Year endFilerName in filingGLA sq ftOccupancyYearsShareSales psfAnchors listed
2022Pennsylvania Real Estate Investment Trust 10-K, 2023-03-27Francis Scott Key Mall Frederick, MD
match: exact
748,646
in-line 609,313
97.7% occupiedbuilt 1973 / renovated 2000100.0%Dick's Sporting Goods, JC Penney, Macy’s, Sears
2016Pennsylvania Real Estate Investment Trust 10-K, 2017-02-28Francis Scott Key Mall Frederick, MD
match: exact
756,040
in-line 616,707
96.6% occupiedbuilt 1978 / renovated 1991100.0%Barnes & Noble, JC Penney, Macy’s, Sears and Value City Furniture
2009Pennsylvania Real Estate Investment Trust 10-K, 2010-03-16Francis Scott Key Mall Frederick, MD
match: exact
706,225
in-line 566,892
97.5% occupiedbuilt 1978 / renovated 1991100.0%Barnes & Noble JCPenney Macy’s Sears Value City Furniture

Site context

Transit within 800 mno rail stationOpenStreetMap
Motorway junctions within 2 km31, 31A, 31B, 32OpenStreetMap
FEMA flood zoneX · AREA OF MINIMAL FLOOD HAZARDFEMA NFHL
EPA-regulated facilities within 500 m17: APPLEBEE S - 5613 SPECTRUM DRIVE; DICK'S SPORTING GOODS #614; EXXON; HOLIDAY INN - HOLIDAY DRIVE; HOME DEPOT STORE #2559EPA FRS
Census tract 240217510035,894 people, 1,078 per sq mi; median household income $80,714; median gross rent $1,905; 44% renters; 2.4% vacant units; 0.9% commute by transitACS 2023 5-year
Walkability (EPA, block group)index 9.0 of 20; 22 intersections per sq mi; no transit stop within the EPA search radius; land-use mix 0.89; 36,897 jobs within 45 min by car; 47% of households without a carEPA Smart Location
Within a 10–15 minute walk (800 m)4 of 6 daily needs: 6 grocers, 1 schools, 0 parks or playgrounds, 0 health, 1 civic, 21 food and drink; 1 cycleway segments, 27 sidewalk-tagged segmentsOpenStreetMap
Opportunity Zoneyes, tract 24021751003 (rural)HUD
Housing permits, Frederick County (MD), 2024374 units in 5+ unit buildings, 3 in 2–4, 1,185 single-family; 2023: 493 in 5+Census BPS
Social vulnerability (CDC SVI 2022, tract)overall percentile 0.87; socioeconomic 0.56; housing and transport 0.99; 22% below 150% of poverty; 12% of households with no vehicleCDC/ATSDR
Other atlas sites nearby1 within 10 km, 1 within 25 km: Frederick Towne Mall (5.9 km)computed
Overture Mapsplace Francis Scott Key Mall (shopping_mall, confidence 0.94, from Overture, Overture-signals, meta); building footprint 54,951 m²Overture (CDLA-Permissive 2.0)
Website and socialwww.shopfskmall.com (alive); archived 2006–2026 (Wayback) · social: facebookOverture / Internet Archive
Attention: Wikipedia page views61,709 since 2015; 3,868 in the last 12 months (-2% vs the prior 12); peak 2019-10 with 2,136Wikimedia
Tract change 2013–2023population +3% (5,735 → 5,894); median income +33% ($60,714 → $80,714); renters 57% → 44%; median home value +52% ($228,000 → $347,500)Census ACS 5-year
Natural hazard risk (FEMA National Risk Index, tract)relatively low overall (score 32.3); expected annual loss $1.2M; high: winter weather; community resilience relatively highFEMA NRI
Tax-credit housing within 1 kmnoneHUD LIHTC
Retail trade in the county, 2025 (BLS QCEW)14,832 jobs in 713 establishments; average annual pay $42,785; employment location quotient 1.40; employment +1.5% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 202219,005 jobs; 4,299 in retail trade, 2,327 in accommodation and food (workplace blocks summed to tract 24021751003)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 43th income percentile as adults; 0.0% incarcerated at the 2010 count (570 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; 2% of residents more than 1 mile from a supermarket; poverty rate 11.4%; median family income $79,605; 258 SNAP householdsUSDA ERS
SchoolsFrederick County Public Schools (PK-12); 1 public school within 1 mile: Carroll Creek Montessori Public CharterNCES EDGE
Elevation295 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-2025483 county-logged events: 273 thunderstorm wind, 159 flood, 24 flash flood, 22 hail; $47,377,000 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 21703, 2026-09median list price $427,500 (+1.3% on the year); 101 active listings; median 35 days on market; 20% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 2023724 establishments (-2%); 13,462 jobs (+12%)Census CBP
Housing market in the countytypical home value $494,258 (-0% 1 yr, +18% 5 yr); typical rent $2,179/mo (+3% 1 yr), 2026-09Zillow Research
House price index, tract, 2021221 (2000 = 100); +14.8% 1 yr, +30% 5 yr, +38% 10 yrFHFA
Traffic on the busiest road within 600 m (2024)111,131 vehicles a day on 270 (Interstate, 4 lanes); 11,758 trucks; 26 counted segmentsFHWA HPMS

Similar sites

  • Highland Mall, Austin, TX · Malls · opened 1971; same strategy: regreen
  • U Mall, Orem, UT · Malls · opened 1973; same strategy: regreen
  • Frederick Towne Mall, Frederick, MD · Malls · opened 1972; also in MD; 6 km away
  • Rockville Mall, Rockville, MD · Malls · opened 1972; also in MD; 40 km away

Elsewhere on the web

Pages with photos

Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar

Multifamily screen

  • county grew 12.8% 2018–23
  • median rent $1,706

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Opened1978Wikidata
CountyFrederick County
Census division5 · South Atlantic

Not yet recorded: acres, GLA, original developer, retrofit year. Know it? Tell us.

Timeline

  1. 1978 Opened (Wikidata)

Sources

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