The Palmer Park Mall was first announced in October 1971 by the Hess's department store company, who claimed that they intended build a 300,000 square foot mall at the site of John Raub's farm in Palmer Township, with 35-40 stores and parking for 2,000 cars. Hess's opened their department store at the site of the mall in July 1972, before the rest of the mall was constructed. Palmer Park Mall had its grand opening on August 16–18, 1973, at which point Hess's was the sole anchor. In early 1976, less than three years after the mall's opening, Hess's announced a 15,000 square foot expansion to their department store that was completed by the end of spring that same year. This brought the department store up to 122,125 square feet. The mall itself was expanded to 349,000 square feet in 1982 to accommodate a second anchor: an 80,000 square foot Clover department store, the discount division of Strawbridge & Clothier. The mall experienced a decline in business during the 1990s, which was caused in part by the mall's aging design along with the nearby opening of the much larger and much newer Phillipsburg Mall in 1989. In 1994, the debt-ridden Hess's department store chain was sold; 19 of the remaining Hess's stores, including the location at Palmer Park Mall were sold to The Bon-Ton Stores, Inc, which rebranded the stores under its own name the following year. The mall was dealt yet another blow when the Clover department store closed their doors in 1996. The fortunes of the mall changed for the better in October 1998 with the opening of Boscov's, which took over the space of the old Clover location. The retail space was also expanded by over 100,000 square feet to accommodate Boscov's, bringing the total retail space of the mall up to its current level. The mall also received a $10 million renovation in 1999 to update the mall's aging decor, followed by an investment of over $1 million by Bon-Ton to update their department store. In 2003, the mall became wholly owned by the Pennsylvania Real Estate Investment Trust after PREIT acquired mall developer Crown American. Prior to this acquisition, the mall was owned 50% by PREIT and 50% by Crown American. In January 2015, Pennsylvania Real Estate Investment Trust announced that it was planning on selling Palmer Park Mall along with four other properties. In its final quarterly report before the sale of the mall, PREIT reported that the Palmer Park Mall did $311 in sales per square foot. PREIT was seeking to achieve a portfolio average of $500 in sales per square foot by the end of 2016, prompting the sale of Palmer Park and other properties. On February 23, 2016, Cityview Commercial LLC purchased the mall from PREIT for $18 million, with plans to improve the mall. After filing for chapter 11 bankruptcy protection in February 2018, The Bon-Ton Stores, Inc. went out of business that same year; all stores closed by the end of August, including the location at the Palmer Park Mall. The mall management has speculated that the former Bon-Ton anchor could be partially demolished and retrofitted to accommodate multiple tenants as the mall searches for a productive future use for the space.
