The Monroeville Mall is about to change. Opened in 1969, the Monroeville Mall has seen a lot of changes over the years, and there's a new one with the introduction of Walmart as the property's new owner,

Walmart's purchase was an all-cash $34 million deal, according to CBL, a shopping mall owner that sold the property.

Walmart has tapped real estate firm Cypress Equities to spearhead the redevelopment, which the company told CNBC is expected to be a “retail-driven, mixed use project.” Initia