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. 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. 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. 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. with this mall closing and many other businesses leaving, people now have to go all the way to yonkers or new rochelle to shop. If you didn't have money, you hung out there. 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. They want to do residential buildings but there would be not a mall, White Plains Mayor Tom Roach told the Business Journals. Some tenants moved out of the mall after the closing of anchor stores like Sears and Macys. The Galleria is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. Those buildings are getting knocked down, Roach said. The existing Galleria White Plains has been a community staple for many years. 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. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. The tunnel over Martin Luther King Boulevard that runs through the Galleria will be brightened and made more appealing as well. Sharon Bodnar Briskman 914.329.8889 Contact. Posted Mon, Nov 1, 2021 at 3:12 pm ET. 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 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. I cant get into who else is involved, but there are big investors who will put substantial money into this 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. Pacific Retail Capital Partners is headquartered in El Segundo, CA and Aareal Bank is based in Wiesbaden, Germany. No purchase price was reported. Two of the chief anchorsMacys and Sears have both shuttered stores there. The Galleria at White Plains address: 100 Main St, White Plains, New York - NY 10601 - 2601. Referring to the great wall of the Galleria, Roach says the rehabilitation of the downtown area including and surrounding the mall was one of his first goals as mayor. The Cappelli Organization has been the catalyst for the rebirth of the White Plains downtown and involved with numerous residential, office and retail development projects in greater Westchester County. 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. The Cappelli Organization has completed more than 25 million square feet of development valued at more than $10 billion. It counts 2,840 available parking spaces. The Galleria at White Plains is an important property in Westchester County and the region. 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. Sears had been at the west end in 227,316 square feet. The Galleria, which opened in 1980, consists of approximately ten acres located in a Qualified Opportunity Zone in the heart of Downtown White Plains next to a major mass transit hub of Metro-North. 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. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. The Galleria opened in 1980 at 100 Main Street in White Plains. The two new partners bring extensive local multi-family and office experience to the partnership. 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 Galleria was constructed adjacent to a large two-block-long parking garage that is connected directly to the mall at various 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." Galleria at White Plains mall closing for good 02:00. Its going to probably be the biggest development project that the citys going to see. 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. 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. (Pics Taken 2/24/23) comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like . 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'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. Roach said that creating a pedestrian-friendly environment would be an important part of what he wants to see in a redevelopment plan. 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 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. 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 reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. $2,295,000 - $2,395,000. This indoor Its going to probably be the biggest development project that the citys going to see. 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. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. I have great customers and I take them as family, he said. 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. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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. Josh Veloso, who shopped during lunch break, said he still prefers shopping at the old mall to shopping online. 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 westchester mall is high end. Can Downtown White Plains Save the Galleria Mall? The lease for Sears at the Galleria in White Plains was not sold to Seritage. 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.'. 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 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. When the Westchester first opened, no one under 16 years old could move hassle free unless you had a bag. 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. The area is enjoying a renaissance, which over the last decade has seen a near complete transformation. 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. Remember When This SUNY New Paltz Grad Went Missing in Maryland? He envisions a new space that would include a lot of room for people to walk and facilitate more outdoor activities. Original story [HERE] Macy's sells White Plains store to Galleria owner for $27 million, to remain open the people there say they need "more green space" when white plains has a billion parks already. All rights reserved. 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. Others hope for a final revenue boost over the holiday season and will start looking at new locations afterward. Plans to demolish White Plains Mall and replace it with apartments, retail space, parking, and other improvements have been put on hold. And to be real, unless you looked a certain way. Store employees were busy helping with last-minute gifts and the food court was typically crowded. 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. 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 Hamilton Green project will be built in phases. The Galleria at White Plains opened in 1980. Both Macys and Sears closed anchor stores at the Galleria at White Plains in the first quarter of 2021. Previous anchors at the Galleria included Abraham & Straus and JCPenney. ft. of gross leasable area across four floors. 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. Singh said he has seen ups and downs in businesses over the last decade. The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. Those buildings are getting knocked down, Roach said. 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. WHITE PLAINS On the Tuesday before Christmas, the Galleria mall was filled with shoppers. It counts 2,840 available parking spaces. ft. of gross leasable area across four floors. The Galleria has lost both of its major anchor stores, Sears, which has already closed and Macys, which is in the process of holding store closing sales. 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. International Womens Day Continues with Bevz Talks. It declined to make further comment, citing that plans are still evolving. runs directly underneath the mall. Middletown, NY Schools Locking Students Cell Phones in Pouches, Controversial Creator of Dilbert Grew Up in The Hudson Valley. You have entered an incorrect email address! $744,500 - $5,200,000 View Developer's Website. 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., Cappelli said, 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. Where to Shop in Westchester for Small Business Saturday, 7 Westchester Eateries for Healthful, Healing Food, A Scarsdale Resident on the Power of Textiles During the Holocaust. 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. 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. 3 Westchester Park Drive. Higher Rates Cause Mortgage Volume to Drop Nearly 6%, NY State Expands Fair Housing Testing to Combat Housing Discrimination, Westchester Launches Business FIRST Downtown Improvement Grant Program, U.S. Consumer Confidence Fell Sharply in February. A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. 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 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. Youll lose that disconnect that the current mall imposes.. 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. 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. Infrastructure Jobs Are in High Demand Across Westchester, Riverkeeper President Tracy Brown Works to Clean the Hudson. 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. Its. Photos of. He followed this with the 46-story Ritz-Carlton towers that remade the citys skyline. 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 PRCP, the mall has 865,000 gross leasable square feet in its four levels. Save my name, email, and website in this browser for the next time I comment. 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. . General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. A walkthrough of the Galleria mall in White Plains NY. The Galleria White Plains is an indoor shopping mall and main shopping destination that serves Westchester County and the Bronx. This is one of the most exciting mixed-use development sites in the New York Metro Area, said Steve Plenge, CEO of PRCP. hile 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. Closing for redevelopment on March 1st. 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. 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 plan is to transform the 870,000-square-foot mall, officially the Galleria at White Plains, into a mixed-use commercial and residential site. 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. Link: https://westchestermagazine.com/life-style/business/white-plains-galleria-redevelopment/ The owners . 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. The company said it has more than $3 billion in retail assets currently under management. According to the companys website, it owns two other shopping centers in New York, Colonie Center in Albany and Broadway Commons in Hicksville. The Galleria at White Plains, a popular Westchester County shopping mall, will be closing their doors come March 2023. 629 Old White Plains Road SPG has a portfolio of more than 200 properties, including some of the most iconic shopping destinations in the country. Copyright Westfair Business Publications, White Plains Galleria and municipal garages likely to be demolished. [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. Pacific Retail Capital Partners is headquartered in El Segundo, CA, and Aareal Bank is based in Wiesbaden, Germany. 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 straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. On Dec. 8, city and county dignitaries joined RXR . 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. Ebo Yumus, owner of IFix & Accessorize It, said he hopes to move to another shopping center, either in White Plains or Port Chester. Abraham & Straus occupied the east anchor spot until converting to Stern's in 1995 and being replaced by Macy's on July 15, 2001. 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. 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. The newly created area will be used as outdoor space, including dining possibilities. 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. Interested in learning how a business association can help grow and develop your business? Documenting, discussing, and supporting new development. 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 is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. The conceptual development plan and site plan have already been approved, though the developers are. Share your opinion with users and insert mall rating and reviews for The Galleria at White Plains. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. ', 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.' 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." Stewarts Brings Back Fan-Favorite Ice Cream for Limited Time! 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. 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. 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. 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 existing Galleria White Plains has been a community staple for many 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." The plan involves the demolition of the Macys along Court Street. (A separate story will be forthcoming on the solar project.). The site is the last large redevelopment site in the Hamilton Avenue-Main Street corridor that ties the citys Metro-North station and transportation hub with the existing Galleria at White Plains in the heart of the downtown. 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, 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 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. The Galleria has lost both of its major anchor stores, Sears, which has already closed and Macys, which is in the process of holding store closing sales. 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