"Theres a lot going on there.. Sears had been at the west end in 227,316 square feet. Store employees were busy helping with last-minute gifts and the food court was typically crowded. 3 min read. It counts 2,840 available parking spaces. The Galleria at White Plains is an important property in Westchester County and the region. Since 1980, the Galleria at White Plains has been a prominent shopping location for Westchester residents, but come March 2023 it appears that shopping will be no more in White Plains. The mall includes 865,000 sq. Centrally located in Westchester County, New York, the company has successfully completed over 25 million SF of development including mixed-use, retail, waterfront, residential, hotel, restaurants,. The property, including its parking. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. The development will consist of four residential buildings comprising 860 apartments, including approximately 90 affordable units. Save my name, email, and website in this browser for the next time I comment. WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. ft. of gross leasable area across four floors. We have worked over the past few years to acquire the Macys fee interest at the site, along with the leasehold interest of the former Sears. The lease for Sears at the Galleria in White Plains was not sold to Seritage. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. Working with our new partners, we will reimagine the site as a vibrant mixed-use project that will be centered on residential development and amenity-based retail.. We anticipate closing a portion of the mall in early 2023 to evolve the asset and rebalance the mix of uses through a transformative development to meet the needs of the next generation.. On November 10, 2020, it was announced Sears would close. With an ongoing commitment to the renewal of Downtown White Plains, the owners of The Galleria at White Plains and two of the regions most well-known developers have formed a joint venture partnership to reimagine the roughly 10-acre mall site. However the developer of that White Plains Mall . with this mall closing and many other businesses leaving, people now have to go all the way to yonkers or new rochelle to shop. Behind the bustling holiday shopping scene, tenants are pondering their next step: moving to another location or closing entirely. PCRP purchased the Galleria at White Plains for an estimated $120 million. "[5], The Galleria underwent a substantial renovation in the 1990s that undid many original elements; the glass elevator is the only significant feature dating from the mall's opening that survives relatively untouched. $744,500 - $5,200,000 View Developer's Website. The existing Galleria White Plains has been a community staple for many years. Two of the chief anchorsMacys and Sears have both shuttered stores there. Plans are being created to redevelop the Galleria shopping mall in downtown White Plains into a massive mixed-use project that could involve demolishing part or all of the structure, according to White Plains Mayor Tom Roach. August 29, 2022 Work to demolish the White Plains Mall got underway as August was drawing to a close, setting the stage for construction to begin of the highly anticipated Hamilton Green. Bloomy Cheese & Provisions to host grand opening for Dobbs Ferry Finding the Wright stuff in a Pound Ridge contemporary, Valhalla health benefits business accused of avoiding $6.7M in judgments. Roach said that creating a pedestrian-friendly environment would be an important part of what he wants to see in a redevelopment plan. Westchester County, NY, New Rochelle Downtown Restaurant APPRECIATION Week, MISS SAIGON Presented By White Plains Performing Arts Center, Terra Gaucha brings southern Brazilian cuisine to downtown Stamford, Breeze Airways takes on new omnipresence at regional airports, Dodge Charger owner sues mechanic for delivering unrestored car, Bernstein Private Wealth Management opens Stamford office, New partner at Westports CastleKeep Investment Advisors. (A separate story will be forthcoming on the solar project.). Youre going to be looking at residential with some retail and well see what they come to us with but what I would anticipate is that its going to be something that would permit people to walk though the site, Roach said. Some stores are having clearance sales as they are ending operations by the end of this year. [8] On January 5, 2021, Macy's announced as part of a strategy to focus on their highest achieving locations that they would be closing. In the 1970s, the White Plains Mall was a 3.74-acre state-of-the-art shopping center that served as a bustling center for the City. The owners of T he Galleria at White Plains are teaming up with two prominent development firms to explore mixed uses for the retail center that has been a downtown draw for the last 42 years. Together, the two major projects will effectively complete the transformation of the downtown that began as an Urban Renewal project more than 50 years ago." r/deadmalls . The Galleria is closing in March. The Galleria was credited with jumpstarting the rebirth of the city, which had been in the midst of an urban renewal effort that cleared-out large portions of the downtown. We anticipate closing a portion of the mall in early 2023 to evolve the asset and rebalance the mix of uses through a transformative development to meet the needs of the next generation. Plenge added. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. In recent years, the mall has experienced competition from newer and more upscale retail developments, such as The Westchester mall and The Source at White Plains. This project is going to take a while," Roach said. Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. Those buildings are getting knocked down, Roach said. Also, the Westchester made sure the teenaged element had no where to go. ft. of gross leasable area across four floors. the westchester mall is high end. The Galleria redevelopment comes as our company, is beginning the redevelopment of the former White Plains Mall property into Hamilton Green, also a mixed-use project. Remember When This SUNY New Paltz Grad Went Missing in Maryland? Tarrytown NY 10591. PCRP purchased the Galleria at White Plains for an estimated $120 million. Brian Callen Coming to the Hudson Valley For Three Days, Repulsive Conditions Reported at New York Rest Stop, New Businesses & Construction Bring Life to Dying Wappingers Shopping Plaza. He added that the redevelopment of the Galleria comes as Cappelli entity LRC Construction works on Hamilton Greenthe estimated $600-million redevelopment of the former White Plains Mall. Plans are being created to redevelop the Galleria shopping mall in downtown White Plains into a massive mixed-use project that could involve demolishing part or all of the structure, according to White Plains Mayor Tom Roach. Builder. Still, some shoppers are nostalgic about their favorite stores and the years past when the Galleria reigned supreme as central Westchester's shopping mecca. The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. PRCP bought the four-floor, 870,000-square-foot mall in 2016 and its Macy's attachment in 2019, the Journal News reported. Construction Industry Council Westchester & Hudson Valley Inc. Retail Buildings New York White Plains 90-102 E Post Rd, White Plains, NY 10601 Investment Highlights Stabilized Tenancy & Great Cash Flow On-Site Parking: Property contains parking lot in rear of the building Redevelopment Potential B-3 zoning allows for 28,750 Buildable Square Feet Both Macys and Sears closed anchor stores at the Galleria at White Plains in the first quarter of 2021. WHITE PLAINS, N.Y.-- Once upon a time, the Galleria at White Plains mall was one of the largest in the region and one of the most profitable . Share your opinion with users and insert mall rating and reviews for The Galleria at White Plains. His current priority is to clear the $13,000 worth of holiday merchandise that he had purchased before he learned of the mall's closing last week. As we close the center, we are committed to working with the tenants to assist them in making a smooth transition.". Pacific Retail Capital Partners is headquartered in El Segundo, CA, and Aareal Bank is based in Wiesbaden, Germany. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 100 MAIN STREETWHITE PLAINS, NY 10601MAP IT, GUEST SERVICES: 914.682.0111SECURITY: 914.682.0111, on Pacific Retail Capital Partners and Aareal Bank Group Form a Joint-Venture with SL Green Realty Corp. & The Cappelli Organization to reshape the future of White Plains, on BREAKING NEWS: White Plains Galleria may soon be making way for major development project, on Macys sells White Plains store to Galleria owner for $27 million, to remain open, on Galleria: New owner may add new uses, events, Pacific Retail Capital Partners and Aareal Bank Group Form a Joint-Venture with SL Green Realty Corp. & The Cappelli Organization to reshape the future of White Plains, BREAKING NEWS: White Plains Galleria may soon be making way for major development project, Macys sells White Plains store to Galleria owner for $27 million, to remain open, Galleria: New owner may add new uses, events. Pleasantville 149,128 Chappaqua . At the time of the March 2022 announcement, Sears, one of the flagship/anchor stores at the Galleria at White Plains had already closed, and Macy's was not far behind. Not many shoppers realized, though, this would be the last holiday shopping season at the mall. They want to do residential buildings but there would be not a mall, White Plains Mayor Tom Roach told the Business Journals. Several storefronts are already vacant. The Galleria is diagonally across from the site of the two 43-story Ritz-Carlton Residence towers built by developer Louis Cappelli that includes 374 condominiums, a hotel, 70,000 square feet of offices and a 900-car underground garage. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}410153N 734615W / 41.031262N 73.770876W / 41.031262; -73.770876, Last edited on 27 February 2023, at 04:52, "Galleria at White Plains Pacific Retail Capital Partners", https://galleriaatwhiteplains.com/center-info/, "A final holiday season: Galleria mall in White Plains is closing in March", "STERN'S SITE IN WHITE PLAINS TO BECOME MACY'S IN JULY", "The Galleria White Plains New York Christmas Commercial", "Man gets 25 to life in racial killing at mall", "Spot the Local Scenery in Bo Burnham's Debut Film 'Eighth Grade', "Last Sears in Westchester to close its doors in February", "Developers to Explore Mixed Uses for White Plains Galleria", "POSTINGS: The White Plains Macy's Is Moving;Downtown Centerpiece Packing Up for the Galleria", Galleria at White Plains official website, https://en.wikipedia.org/w/index.php?title=Galleria_at_White_Plains&oldid=1141855489, This page was last edited on 27 February 2023, at 04:52. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. The Galleria redevelopment comes as our company is beginning the redevelopment of the former White Plains Mall property into Hamilton Green, also a mixed-use project.. According to PRCP, the mall has 865,000 gross leasable square feet in its four levels. We are fortunate to be able to play a role in recreating the property with mixed uses that will link the citys transit center with the Mamaroneck Avenue corridor.. The area is enjoying a renaissance, which over the last decade has seen a near complete transformation. Pacific Retail Capital Partners is headquartered in El Segundo, CA and Aareal Bank is based in Wiesbaden, Germany. The Galleria is conveniently located at the intersection of Main Street and Dr. Martin Luther King Boulevard . Company founder and CEO Louis Cappelli is responsible for envisioning and constructing City Center 20 years ago, the residential and retail complex which triggered the redevelopment movement that continues today. You have entered an incorrect email address! Some tenants moved out of the mall after the closing of anchor stores like Sears and Macys. In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. The Galleria redevelopment comes as our company, is beginning the redevelopment of the former White Plains Mall property into Hamilton Green, also a mixed-use project. The plan is to transform the 870,000-square-foot mall, officially the Galleria at White Plains, into a mixed-use commercial and residential site. Plow Truck Leaves Behind Hazard on Hudson Valley Roadway, $7,500+ Stolen From SNAP Funding in the Hudson Valley. White Plains, New York 10601 Nancy Kennedy 914.271.5500 Contact. Cappelli is credited with jumpstarting the renaissance of downtown White Plains with its City Center retail and residential project. the galleria served a nice middle ground. the people there say they need "more green space" when white plains has a billion parks already. White Plains NY. The first steps toward realizing the strategic vision for The Galleria will begin soon, says Steve Plenge, CEO of PRCP, where a master plan using cutting-edge design will be implemented to reshape the aging mall space. It opened in the summer of 1980 and was the first of three Gallerias to open in the fall of 1980 around the nation, the others being Sherman Oaks and Fort Lauderdale. We have worked over the past few years to acquire the Macys fee interest at the site, along with the leasehold interest of the former Sears. A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. $2,295,000 - $2,395,000. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. He said he'll go to The Westchester mall a few blocks away when the Galleria is no more. The Galleria, an 870,000-square-foot, 85-store complex that was launched to much anticipation in 1980, is now being envisioned as a mixed-use project that is centered on "residential development and amenity-based retail," according to a statement by the new partnership. The Galleria, which opened in 1980, consists of approximately 10 acres in a Qualified Opportunity Zone in the heart of downtown White Plains, near a major mass transit hub for Metro-North Railroad. The first phase of the redevelopment is expected to be completed by the end of 2020. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. Now, it appears that the entire mall will be closing, with tenants receiving notice of the closure, effective March 2023, to prepare for the new mixed use commercial and residential space with hopes of 'transforming the Galleria for the next generation.'. International Womens Day Continues with Bevz Talks. Martin Luther King Blvd. Plenge said that they anticipate closing a portion of the Galleria early next year to begin the redevelopment. Demolition at the existing site has already begun, with plans to be completed by December 2022 and occupancy beginning in spring of 2023. The Galleria at White Plains is a soon to be defunct shopping mall located in downtown White Plains, New York, US, a commercial and residential suburb 20 miles (32km) north of New York City. Others hope for a final revenue boost over the holiday season and will start looking at new locations afterward. ', In breaking news on the mall's main website from March 2022, a press release with a statement from Mayor Tom Roach indicated that the project'could involve demolishing part or all of the structure.' Save my name, email, and website in this browser for the next time I comment. The company said it has more than $3 billion in retail assets currently under management. It counts 2,840 available parking spaces. Documenting, discussing, and supporting new development. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. The municipal garages next to the Galleria have 2,792 parking spaces. Cappelli has a long history in Downtown White Plains, redeveloping the former Macys store on Mamaroneck Avenue into City Center, as well as developing multiple high-rise towers including the Ritz-Carlton Hotel and Residences, Trump Tower at City Center and the Lofts at City Center in White Plains. Roach for several years expressed his concern that the malls streetscape is not pedestrian and shopper friendly and he has called for enhancing the frontage, specially along Main Street, to make it more enticing and eliminate the stretches of blank wall that people currently face. Your California Privacy Rights / Privacy Policy. Can Downtown White Plains Save the Galleria Mall? This is one of the most exciting mixed-use development sites in the New York Metro area, said Steve Plenge, chief executive officer of PRCP. [9] On December 21, 2022, PRCP announced that the Galleria at White Plains would close in March, 2023 for redevelopment.[3]. The Galleria was constructed adjacent to a large two-block-long parking garage that is connected directly to the mall at various levels. 2 (Rockville, Maryland) . The 870,000-square-foot mall has become a focal point in completing the reimagination of downtown. In total, One Lyon will accommodate 212 units including 50 studios, 128 one-bedroom, and 34 two-bedroom apartments, of which 13 will be reserved as affordable housing priced at 60% area median income. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. The Galleria Mall in White Plains, NY is owned by Simon Property Group, one of the largest real estate investment trusts in the United States.The company owns, develops, and manages shopping centers, malls, and other retail properties. The Galleria is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. Sharon Bodnar Briskman 914.329.8889 Contact. I have great customers and I take them as family, he said. International Womens Day Continues with Bevz Talks. The connectivity would be that whatever retail is there you could access from outside and you would be able to walk through the project, across it and lengthwise.. [4] The west anchor JCPenney closed on April 28, 2001, and was left vacant until September 2003 when Sears moved in. CEO of the Cappelli Organization shared the following at that time: We are extremely pleased for the opportunity to join with SL Green, Aareal Bank Group and Pacific Retail Capital Partners in the redevelopment of The Galleria site. Tav1 Development. The Galleria opened in 1980 and takes up about 10 acres between the city's mass-transit hub and the busy retail strip on Mamaroneck Avenue. He did not have a timetable for when redevelopment plans might be formally submitted but indicated that steady progress is being made in creating them. WHITE PLAINSThe long-promised redevelopment plan for The Galleria at White Plains, which was the focal point of the urban renewal of the downtown district in the late 1970s and early 1980s, is taking shape. The Galleria at White Plains is an important property in Westchester County and the region. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains that is well underway. Its. Mall owners Pacific Retail Capital Partners (PRCP) and Aareal Bank are combining forces with SL Green Realty Corp. and the Cappelli Organization to help shape the future of the citys evolving business district. SL Green is the largest owner of office real estate in New York City and one of the largest in Westchester County. Link: https://westchestermagazine.com/life-style/business/white-plains-galleria-redevelopment/ Galleria at White Plains mall closing for good 02:00. Both Macys and Sears shut their anchor stores at the Galleria at White Plains in the first quarter of 2021. The $650 million redevelopment two. That section of the city is devoid of street level services, and it is cold and antiseptic, Roach says. Copyright Westfair Business Publications, White Plains Galleria and municipal garages likely to be demolished. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. The Galleria is diagonally across from the site of the two 43-story Ritz-Carlton Residence towers built by developer Louis Cappelli that includes 374 condominiums, a hotel, 70,000 square feet of. I think were going to turn it into something thats alive with street life, like what you see on Mamaroneck Avenue.. With our experienced real estate partners, the new masterplan and design will build upon the remarkable renaissance under way in Downtown White Plains, said Plenge. The owner of the 870,000-sq-ft, four-level retail propertyPacific Retail Capital Partners and Aareal Bankannounced Nov. 3 it was bringing on new joint venture partnersSL Green Realty Corp. of New York City and the Cappelli Organization of White Plains to explore mixed uses and rebalance the mix of uses for the property that has fallen on hard times. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. [citation needed], On September 18, 2006, Philip Grant, a homeless man with a track record of sex offenses including rape, was convicted in NY State Supreme Court at White Plains of murder as a hate crime for stabbing Concetta Russo-Carriero to death in a Galleria parking garage on June 29, 2005. With our experienced real estate partners, the new masterplan and design will build upon the remarkable renaissance under way in Downtown White Plains, Plenge said. In November 2022, it was announced that the owners of The Galleria at White Plains are teaming up with two prominent development firms to update the mall as a vibrant mixed-use center which will be enfolded by residential development and amenity-based retail. With a proven track-record of evolving and repositioning properties and a keen focus on unlocking the value and enhancing the quality of its growing portfolio, PRCP, together with its new partners, is dedicated to creating a unique and strategic vision through master planning efforts and cutting-edge design for the Galleria at White Plains to transform it for the next generation. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. This is one of the most exciting mixed-use development sites in the New York Metro Area, said Steve Plenge, Chief Executive Officer of PRCP. Strategically positioned, The Galleria attracts administrative professionals from the surrounding six million square feet of office space within walking distance. During the holiday season, the mall's promotional slogan was "We bring more good things to Christmas. Galleria White Plains, New York: Pacific Retail Capital Partners (PRCP) The mall has 865,000 gross leasable SF in its four levels. Together, the two major projects will effectively complete the transformation of the downtown that began as an Urban Renewal project more than 50 years ago.. SL Green Realty Corp. is a real estate investment trust (REIT) that is focused primarily on Manhattan commercial properties. It went on to detail coding a portion of the mall in order to follow through with such a plan. The new store will be better than this one.". 2023 www.lohud.com. The developer, who is interested in the project, claims to be committed to it. The Galleria moved from the It spot in White Plains to the "ghetto" mall. We are fortunate to be able to play a role in recreating the property with mixed uses which will link the citys transit center with the Mamaroneck Avenue corridor. After some delay, construction has officially commenced on Hamilton Green, a $650-millon mixed-use project that will be undertaken in phases. Original story [HERE] Macy's sells White Plains store to Galleria owner for $27 million, to remain open The City of White Plains owns the adjacent 2,800-car parking garage. The $650 million redevelopment two. White Plains NY - November, 2021- White Plains law firm McCullough, Goldberger & Staudt, LLP has been integral in helping obtain . This indoor Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. 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