The White Plains Mall mixed use retail is at a standstill because the Department of Motor Vehicles continues to occupy the site prior to a move to the former Fortunoff complex across from the Westchester. 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." Read the latest issue of Westchester magazine for FREE! The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. So, thats a positive. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. 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. Pacific Retail Capital Partners is headquartered in El Segundo, CA, and Aareal Bank is based in Wiesbaden, Germany. ft. of gross leasable area across four floors. Set to close for good on March 1st. Its going to be opened up, so youll be able to walk through it. "The reimagining of this property is. SPG has a portfolio of more than 200 properties, including some of the most iconic shopping destinations in the country. When the Galleria first opened, it was considered the cornerstone in the urban renewal redevelopment of White Plains downtown. 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 tunnel over Martin Luther King Boulevard that runs through the Galleria will be brightened and made more appealing as well. Pacific Retail Capital officials said they plan to close a portion of the mall early next year in connection with its redevelopment plans that many observers believe will be tilted heavily towards residential use. 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. More recently, in early November, another update was posted on the mall website discussing a new masterplan and design intending to 'build upon the remarkable renaissance under way in Downtown White Plains.' 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.. 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. Interested in learning how a business association can help grow and develop your business? They wanted those stores out. White Plains, New York 10601 Nancy Kennedy 914.271.5500 Contact. One of the developers, Louis R. Cappelli, has had a presence in White Plains for decades and is known for developing the nearby 46-story Ritz-Carlton towers. The Hamilton Green project will be built in phases. The Galleria White Plains is an indoor shopping mall and main shopping destination that serves Westchester County and the Bronx. Trump Park Condominium 100 Trump Park Shrub Oak, New York 10588 . Pacific Retail Capital Partners is headquartered in El Segundo, CA and Aareal Bank is based in Wiesbaden, Germany. During the 1990s remodel, the waterfall and stage in the center court were replaced with two miniature fountains between the escalators. After some delay, construction has officially commenced on Hamilton Green, a $650-millon mixed-use project that will be undertaken in phases. Galleria at White Plains mall closing for good 02:00. 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. When the Westchester first opened, no one under 16 years old could move hassle free unless you had a bag. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. PRCP bought the four-floor, 870,000-square-foot mall in 2016 and its Macy's attachment in 2019, the Journal News reported. It would be easier to stay in a mall because it takes time for customers to get to know our business if we open somewhere else, he said. 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. Upon opening their doors in 1980, the Galleria at White Plains, in its prime location of about ten acres adjacent to a major Metro-North station, was credited for somewhat of a 'rebirth' during difficult times in White Plains. Save my name, email, and website in this browser for the next time I comment. In 2020, the ownership of the White Plains Mall secured $17.5 million in sales tax and mortgage recording tax exemptions from the Westchester County IDA. Abraham & Straus occupied the east anchor spot until converting to Stern's in 1995 and being replaced by Macy's on July 15, 2001. Pleasantville 149,128 Chappaqua . The development will consist of four residential buildings comprising 860 apartments, including approximately 90 affordable units. Last month, Pacific Retail Capital Partnersand Aareal Bank announced they were taking a first step toward redeveloping the property by forming a joint partnership with SL Green Realty Corp., which invests in shopping centers and office buildings in the metro region, and the Cappelli Organization, long a prominent developer in Westchester. Shopping floors were color coded blue, green, yellow, and red representing Street Level, Garden Level, the Garden food court area, and Fashion Level 1 and 2, respectively when the mall opened. 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. The Galleria is closing in March. 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 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. PCRP purchased the Galleria at White Plains for an estimated $120 million. White Plains Mayor Tom Roach said there is no formal proposal yet for what will replace the mall, but the entire building is likely to be torn down. 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. The owners . The municipal garages next to the Galleria have 2,792 parking spaces. r/deadmalls . 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. Closing for redevelopment on March 1st. 629 Old White Plains Road PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. 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. The mall has seen many big-name retailers leave in recent years, and growing numbers of store vacancies, as mall shopping has declined in popularity nationally as online shopping boomed. 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.. PRCP reports that the mall has 865,000 gross leasable square feet in its four levels with a total of 2,840 available parking spaces. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. Singh said he has seen ups and downs in businesses over the last decade. 3 min read. International Womens Day Continues with Bevz Talks. [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. Photos of. Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. Plenge said that they anticipate closing a portion of the Galleria early next year to begin the redevelopment. Pacific Retail announced the purchase as one of three regional malls totaling 2.8 million square feet it added to its portfolio at the time. Save my name, email, and website in this browser for the next time I comment. Now, 50 years later, thanks to the vision of the City of White Plains and the assistance of Cuddy & Feder, the area will not only see new life, but will launch an exciting new era of development: White Plains' first transit-oriented development, part of a new TD . CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. It counts 2,840 available parking spaces. Galleria at White Plains Redevelopment Taking Shape with New Partners By JOHN JORDAN - November 25, 2022 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. Photos of 2022: Moving on, post-pandemic, through grief and determination, Teen's healthcare app: Help Latinos access health care providers, Top eats of 2022: Lohud's best dishes include Johnny cakes, short ribs. Now, it appears that the entire mall will be closing its doors just one year after that announcement.'. 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.. A development-and-construction team from the Cappelli Organization is behind the $600 million project, known as Hamilton Green, which will feature residential, retail, and restaurant space. The Future of the Local Mall: The Galleria at White Plains, to Dennis Richmond Jr.s FOX Appearance Increases Book Sales, President Biden to Visit Yonkers Sunday Nov. 6 for GOTV Rally at Sarah Lawrence College, TSA PreCheck Enrollment Coming to Westchester CountyAirport(HPN) For Limited Time This March, Westchester Resident Appears on Shark Tank with FunkkOFF Teeth Fresheners. Since the early days of the pandemic we have become somewhat accustomed to announcements of businesses and retailers in the area announcing closures, but this one is major, and quite shocking. On Dec. 8, city and county dignitaries joined RXR . The reimagining of this property is integral to the dramatic transformation of Downtown White Plains that is well underway. 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 $650 million redevelopment two. The $650 million redevelopment two. The Galleria at White Plains is an important property in Westchester County and the region. "December 22, 2022 "FROM: Pacific Retail Capital Partners "The Galleria White Plains is slated to cease business as of March 2023 to prepare for redevelopment. The existing Galleria White Plains has been a community staple for many years. 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. 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. Additional components include 85,400 square feet of retail and dining area, approximately 27,000 square feet of co-working space, a 956-vehicle parking garage, and a 67,000-square-foot elevated public park. 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. ', 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.' 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." Plenge said that. Please check back with https://www.realestateindepth.com for further updates. The company said it has more than $3 billion in retail assets currently under management. You have entered an incorrect email address! 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. CTRL + SPACE for auto-complete. The developer, who is interested in the project, claims to be committed to it. 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. I think were going to turn it into something thats alive with street life, like what you see on Mamaroneck Avenue.. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. Galleria White Plains, White Plains NY. The mall featured the major anchors Macys and Sears, and junior anchors Forever 21 and H&M, all of which had since permanently closed down. Also, the Westchester made sure the teenaged element had no where to go. 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. Two of the chief anchorsMacys and Sears have both shuttered stores there. Both Macys and Sears shut their anchor stores at the Galleria at White Plains in the first quarter of 2021. 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. 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. 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. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. "Theres a lot going on there.. 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 It declined to make further comment, citing that plans are still evolving. WHITE PLAINS - The owners of the Galleria at White Plains are looking to reshape its future as a mixed-use commercial and residential site. the westchester mall is high end. However the developer of that White Plains Mall . The mall includes 865,000 sq. We definitely want to see more trees, we definitely want to see a recognition of what weve already created on the Court Street end, but make it a place where people will want to walk and spend time, or go shop or whatever, but make it a gathering place., Roach said he did not know when a formal proposal would be submitted but figures it will be sooner rather than later.. Louis R. Cappelli, CEO of the White Plains-based Cappelli Organization and builder of both the 46-story Ritz-Carlton towers at Renaissance Square and the City Center that opened back in 2003, says that an overhaul of The Galleria property will be a tremendous boon for the city. 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. RXR Realty is leading a partnership in that massive project that calls for the construction of 860 apartment units in four high-rise buildings, 84,500 square feet of specialty retail and restaurant space, including a Food and Craft Hall, 27,000 square feet of office space, and an approximately 956-space parking garage and open space. 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 (32 km) north of New York City.The mall featured the major anchors Macy's and Sears, and junior anchors Forever 21 and H&M, all of which had since permanently closed down.On December 21, 2022, it was announced that the Galleria at . Ebo Yumus, owner of IFix & Accessorize It, said he hopes to move to another shopping center, either in White Plains or Port Chester. In its announcement, Pacific Retail Capital stated that with its new partners it 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., Office address: The Cappelli Organization is redeveloping a former shopping plaza where they plan to develop Hamilton Green, an approved $600 million mixed-use complex featuring four residential towers. They wanted to get Sears out for a while, and now Macys.. Some tenants moved out of the mall after the closing of anchor stores like Sears and Macys. 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. 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. 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. I cant get into who else is involved, but there are big investors who will put substantial money into this project.. 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. It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. This indoor According to Pasternak, the plan to redevelop well-located Sears stores into mixed retail and housing was aimed. Construction Industry Council Westchester & Hudson Valley Inc. The new store will be better than this one.". Copyright 2023 Construction Industry Council Westchester & Hudson Valley Inc. | Designed by Lunasa Technologies LLC. They wanted to get Sears out for a while, and now Macys.. Photos of. 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. 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 Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk 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. 2023 www.lohud.com. City Square Completes Renovations at 50 Main Street in White Plains, New York 7:00 am on August 1, 2022 By Sebastian Morris Ginsburg Development has unveiled more than 300,000 square feet of Class A office space at City Square, a sprawling mixed-use property at 50 Main Street in Downtown White Plains. 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. 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. Cappelli is credited with jumpstarting the renaissance of downtown White Plains with its City Center retail and residential project. He followed this with the 46-story Ritz-Carlton towers that remade the citys skyline. GALLERY A premier retail destination in the heart of downtown White Plains, Galleria White Plains is home to national brands and local businesses in a nearly 900,000 square foot, four level shopping center. That section of the city is devoid of street level services, and it is cold and antiseptic, Roach says. 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. No financial terms of the joint venture partnership were released. His career includes reporting, anchoring, editing, producing and management positions with ABC News and TV and radio stations in Boston, Los Angeles and other cities. The company said it has more than $3 billion in retail assets currently under management. 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 Galleria at White Plains address: 100 Main St, White Plains, New York - NY 10601 - 2601. The Business Journals sought Roachs reaction to an announcement that the owners of the Galleria, California-based Pacific Retail Capital Partners (PRCP) and Aareal Bank, which is headquartered in Wiesbaden, Germany, are joining with White Plains-based developer Louis Cappellis The Cappelli Organization and SL Green Realty Corp., which is billed as Manhattans largest office landlord, to redevelop the mall site. Plow Truck Leaves Behind Hazard on Hudson Valley Roadway, $7,500+ Stolen From SNAP Funding in the Hudson Valley. Posted Mon, Nov 1, 2021 at 3:12 pm ET. the people there say they need "more green space" when white plains has a billion parks already. Behind the bustling holiday shopping scene, tenants are pondering their next step: moving to another location or closing entirely. High-rise residential towers have already drawn thousands of new residents to this rapidly evolving area. Read the latest issue of Westchester magazine for FREE! A walkthrough of the Galleria mall in White Plains NY. We are happy to connect them with our leasing team regarding the potential to open in one of our other properties in the region, it said. 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.'. Store employees were busy helping with last-minute gifts and the food court was typically crowded. Most of the anchor s. According to the companys website, it owns two other shopping centers in New York, Colonie Center in Albany and Broadway Commons in Hicksville. 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. 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." 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. PRCP said in its statement that management is working with the tenants to ensure a smooth transition. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. It holds interests in 64 buildings totaling 34.4 million square feet. 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. Since then, the retailer has leased the property, and the location is currently in the midst of a store-closing sale. Interested in learning how a business association can help grow and develop your business? As we close the center, we are committed to working with the tenants to assist them in making a smooth transition.". The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. Some of the last small chain stores operating in February 2023, the month before the mall's closure include Claire's, Famous Footwear, GNC, Jimmy Jazz, Kay Jewelers, LensCrafters, Lids, and Rainbow. 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. Then, the waterfall and stage in the first quarter of 2021 runs. Hamilton Green project will be undertaken in phases Park Shrub Oak, New York 10588 replaced with two fountains. The redevelopment had been involved in serious ongoing talks regarding redevelopment of White Plains downtown rapidly area., the plan to redevelop well-located Sears stores into mixed Retail and housing was aimed apartments, including 90... Plow Truck Leaves Behind Hazard on Hudson Valley has officially commenced on Hamilton Green, a 650-millon. Better than this one. `` that will be better than this one. `` built phases. Bca are aligned organizations representing and informing businesses at the Galleria at White Plains.! 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