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. 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. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. The Business Journal talked to Roach before and after a news conference that was held to announce that installation of solar panels is underway at various city buildings. Related: Where to Shop in Westchester for Small Business Saturday. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. Roach said that the announcement did not come as a surprise to the city, since officials have been in regular talks with the malls owners for many months regarding the future of the mall and the status of the city-owned garages. Macys had anchored the mall at the east end in 328,599 square feet of space. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. Trump Park Condominium 100 Trump Park Shrub Oak, New York 10588 . On the heels of the closings of numerous tenantsincluding anchors Sears and Macysowner Pacific Coast Retail Partners (PCRP) appears set to invest in a multi-million dollar overhaul. 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. 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 . 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. It declined to make further comment, citing that plans are still evolving. 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 . At deadline, further information on the specifics of the proposal, when plans will be submitted for review to the City of White Plains, as well as occupancy rates and other property information were not available. The existing Galleria White Plains has been a community staple for many years. Negotiations on that lease by the DMV are now being conducted, if not already completely. 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. I have great customers and I take them as family, he said. According to PRCP, the mall has 865,000 gross leasable square feet in its four levels. 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. 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. Sharon Bodnar Briskman 914.329.8889 Contact. Related: Can Downtown White Plains Save the Galleria Mall? [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. Documenting, discussing, and supporting new development. Only one fountain was still on :( The Galleria at White Plains, White Plains NY. 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. Current ownership, Pacific Retail Capital Partners, also known as PRCP, with headquarters in California, purchased the mall from the Simon Property Group back in 2016 for a reported $120 million. White Plains NY - November, 2021- White Plains law firm McCullough, Goldberger & Staudt, LLP has been integral in helping obtain . The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. Tarrytown NY 10591. 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. Interested in learning how a business association can help grow and develop your business? The mall includes 865,000 sq. 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. The Galleria at White Plains is an important property in Westchester County and the region. 629 Old White Plains Road Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. Strategically positioned, The Galleria attracts administrative professionals from the surrounding six million square feet of office space within walking distance. with this mall closing and many other businesses leaving, people now have to go all the way to yonkers or new rochelle to shop. The municipal garages next to the Galleria have 2,792 parking spaces. 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 reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. Empire Stores is a former warehouse complex along the waterfront Brooklyn Bridge Park within the neighborhood of Dumbo, Brooklyn, New York City, in the U.S. state of New York.It hosts a food hall and market operated by Time Out New York, which opened in 2019, as well as an art gallery called Gallery 55. Your California Privacy Rights / Privacy Policy. 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, Cappelli stated. 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. The Galleria includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. 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 . 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. REDEVELOPMENT IN . Singh said he has seen ups and downs in businesses over the last decade. The Galleria mall, often referred to as a blight to downtown White Plains, appears to be on the verge of receiving a long-needed makeover. 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. 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 They wanted those stores out. The Galleria is closing in March. 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,. Sears had been at the west end in 227,316 square feet. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. We understand the difficulty posed by transitioning," the statement said. The mall's owner, Pacific Retail Capital Partners (PRCP), said in a statement that the Galleria is slated to cease business as of March 2023 to prepare for redevelopment. runs directly underneath the mall. It went on to detail coding a portion of the mall in order to follow through with such a plan. 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." The mall itself, the center building, will be completely rehabbed under the concepts that Ive seen, Roach says. 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. Those buildings are getting knocked down, Roach said. The Galleria, which opened in 1980, encompasses 10 acres in a Qualified Opportunity Zone in Downtown White Plains adjacent to the Metro North transit hub. So, thats a positive. Read the latest issue of Westchester magazine for FREE! 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. You have entered an incorrect email address! The Hamilton Green project will be built in phases. A late 1990s promotional advertisement featured the tag line "Shopping for the real world," a subtle jab at the more upscale and affluent clientele and stores at The Westchester roughly a half-mile away. 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.. . The Galleria moved from the It spot in White Plains to the "ghetto" mall. When the Westchester first opened, no one under 16 years old could move hassle free unless you had a bag. 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.. While site plans had not yet been filed with the City of White Plains as of our publication deadline, it appearedlikely that demolition of the existing mall and garages will be part of redeveloping the 10-acre site thats been home to The Galleria at White Plains shopping mall and city-owned Lexington-Grove East & West Garages since 1980. the westchester mall is high end. The company said it has more than $3 billion in retail assets currently under management. I work hard and I know I can make it. While details are still sketchy at best, the owner of the 870,000-square-foot, four-level retail propertyPacific Retail Capital Partners and Aareal Bankannounced on 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 as its two chief anchorsMacys and Searshave both shuttered their stores there. There had been speculation that residential towers would be proposed for the sites formerly occupied by those anchor stores and the retail space in the center of the property would be maintained. The announcement follows another major mixed-use redevelopment enterprise that is in progress, at the former White Plains Mall shopping plaza, located a short distance from The Galleria. I dont think anyone thinks that that garage is worth keeping. Dating back to early 2021, plans were discussed by management and shared with the public of the potential for redeveloping the White Plains Galleria shopping mall for what was being referred to as a 'massive mixed-use project. 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. It's long been said that the mall, a giant block of a building, restricts downtown movement for pedestrians. The conceptual development plan and site plan have already been approved, though the developers are. The Galleria Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk 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. 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 City of White Plains owns the adjacent 2,800-car parking garage. White Plains Mayor Thomas Roach says he expects PCRP to go far beyond a simple refurbish of the Galleria mall, which it purchased in 2016. Previous anchors at the Galleria included Abraham & Straus and JCPenney. CTRL + SPACE for auto-complete. That section of the city is devoid of street level services, and it is cold and antiseptic, Roach says. 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. Its. 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. In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. SL Green is the largest owner of office real estate in New York City and one of the largest in Westchester County. 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 first phase of the redevelopment is expected to be completed by the end of 2020. 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. 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. WHITE PLAINS On the Tuesday before Christmas, the Galleria mall was filled with shoppers. Some stores are having clearance sales as they are ending operations by the end of this year. The $650 million redevelopment two. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. If you didn't have money, you hung out there. 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. The 870,000-square-foot mall has become a focal point in completing the reimagination of downtown. 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., 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, said Louis R. Cappelli, Chief Executive Officer of The Cappelli Organization. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. 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. According to the companys website, it owns two other shopping centers in New York, Colonie Center in Albany and Broadway Commons in Hicksville. High-rise residential towers have already drawn thousands of new residents to this rapidly evolving area. "The reimagining of this property is. Posted Mon, Nov 1, 2021 at 3:12 pm ET. Two of the chief anchorsMacys and Sears have both shuttered stores there. PRCP said in its statement that management is working with the tenants to ensure a smooth transition. A walkthrough of the Galleria mall in White Plains NY. Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria at White Plains, took a major step in securing the future success of downtown White Plains, New York, today forming a new joint venture partnership with two of the most prominent players in the White Plains and NYC Metro real estate market: SL Green Realty Corp. and the Cappelli Organization. Demolition at the existing site has already begun, with plans to be completed by December 2022 and occupancy beginning in spring of 2023. Plenge said that they anticipate closing a portion of the Galleria early next year to begin the redevelopment. Representing & supporting the Hudson Valley Construction Industry. $744,500 - $5,200,000 View Developer's Website. 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. ', 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.' Its anchor stores are Macy's and Sears, which were relocated to the mall from nearby locations on Main Street to replace the original anchor stores. r/deadmalls . 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. It counts 2,840 available parking spaces. 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: WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. Last week, Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria, announced a joint venture partnership with Cappelli . He followed this with the 46-story Ritz-Carlton towers that remade the citys skyline. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. SL Green, Cappelli join PRCP to redevelop Galleria White Plains By Pat Ralph | November 04, 2022 01:40PM A four-decade-old mall in Westchester County is being eyed by developers for a residential . The Galleria at White Plains address: 100 Main St, White Plains, New York - NY 10601 - 2601. During the 1990s remodel, the waterfall and stage in the center court were replaced with two miniature fountains between the escalators. 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. Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. 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. (A separate story will be forthcoming on the solar project.). 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. The spaces are worth keeping, but in a more modern structure.. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. The owners . Construction Industry Council Westchester & Hudson Valley Inc. The new store will be better than this one.". 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. Plans to demolish White Plains Mall and replace it with apartments, retail space, parking, and other improvements have been put on hold. 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. 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. It holds interests in 64 buildings totaling 34.4 million square feet. 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. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. This is one of the most exciting mixed-use development sites in the New York Metro Area, said Steve Plenge, CEO of PRCP. It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. Most of the anchor s. 3 Westchester Park Drive. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. The Galleria is conveniently located at the intersection of Main Street and Dr. Martin Luther King Boulevard . The Galleria at White Plains is an important property in Westchester County and the region. [9] On December 21, 2022, PRCP announced that the Galleria at White Plains would close in March, 2023 for redevelopment.[3]. Set to close for good on March 1st. A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. 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. 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