This project is going to take a while," Roach said. International Womens Day Continues with Bevz Talks. The likelihood is that the garage would be removed but we would require as part of any kind of deal thats done here that the parking spaces currently being used will be available in the new parking that was requited for a new project, Roach said. 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. 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. In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. tear down white plains mall and put a park The developer, who is interested in the project, claims to be committed to it. NEW YORK | 2-20 + 2-21 Malt Drive (Hunters Point South) | 440 FT + 390 FT + 310 FT | 38 + 33 + 25 FLOORS The Galleria opened in 1980 at 100 Main Street in White Plains. Previous anchors at the Galleria included Abraham & Straus and JCPenney. Please check back with https://www.realestateindepth.com for further updates. White Plains 116,768 Larchmont 293,010 Tarrytown 133,540 Rye 269,433 Scarsdale 363,713 Irvington 208,052 Hastings-On-Hudson 172,791. 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. 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. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. 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. The Galleria has 863,715 square feet of gross leasable area. It counts 2,840 available parking spaces. Both Macys and Sears closed anchor stores at the Galleria at White Plains in the first quarter of 2021. 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. It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. The Galleria is closing in March. The Galleria is conveniently located at the intersection of Main Street and Dr. Martin Luther King Boulevard . 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. He envisions a new space that would include a lot of room for people to walk and facilitate more outdoor activities. 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 municipal garages next to the Galleria have 2,792 parking spaces. According to the companys website, it owns two other shopping centers in New York, Colonie Center in Albany and Broadway Commons in Hicksville. White Plains NY. 287 684 95 87 BOULEVARD. 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. Interested in learning how a business association can help grow and develop your business? Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. Galleria White Plains, New York: Pacific Retail Capital Partners (PRCP) The mall has 865,000 gross leasable SF in its four levels. Its going to probably be the biggest development project that the citys going to see. The City of White Plains owns the adjacent 2,800-car parking garage. 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. 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 development at 200 Hamilton Avenue will take shape at the site of the White Plains Mall. I think were going to turn it into something thats alive with street life, like what you see on Mamaroneck Avenue.. The area is enjoying a renaissance, which over the last decade has seen a near complete transformation. This is one of the most exciting mixed-use development sites in the New York Metro Area, said Steve Plenge, CEO of PRCP. The newly created area will be used as outdoor space, including dining possibilities. As we close the center, we are committed to working with the tenants to assist them in making a smooth transition.". Photos of. 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. 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. 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 was constructed adjacent to a large two-block-long parking garage that is connected directly to the mall at various levels. 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. Others hope for a final revenue boost over the holiday season and will start looking at new locations afterward. 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. 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. This indoor PRCP bought the four-floor, 870,000-square-foot mall in 2016 and its Macy's attachment in 2019, the Journal News reported. 3 Westchester Park Drive. The lease for Sears at the Galleria in White Plains was not sold to Seritage. Remember When This SUNY New Paltz Grad Went Missing in Maryland? Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. According to Pasternak, the plan to redevelop well-located Sears stores into mixed retail and housing was aimed. Tenants are receiving. I have great customers and I take them as family, he said. 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. 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. 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. 3 min read. 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. 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.'. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. Read the latest issue of Westchester magazine for FREE! The development will consist of four residential buildings comprising 860 apartments, including approximately 90 affordable units. 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. 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.. r/deadmalls . "The reimagining of this property is. The first phase of the redevelopment is expected to be completed by the end of 2020. You have entered an incorrect email address! The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. [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. Save my name, email, and website in this browser for the next time I comment. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. Related: Can Downtown White Plains Save the Galleria Mall? ft. of gross leasable area across four floors. The mall includes 865,000 sq. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. 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. Rating: 3/5 (6 rates) Make a Review: Phone number: 914 682 0111: State: New York: Area/City: White Plains: Number of stores: 70: www: However the developer of that White Plains Mall . It declined to make further comment, citing that plans are still evolving. ', 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 at White Plains is an important property in Westchester County and the region. And to be real, unless you looked a certain way. Tarrytown NY 10591. Sharon Bodnar Briskman 914.329.8889 Contact. 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. Macys had anchored the mall at the east end in 328,599 square feet of space. The two new partners bring extensive local multi-family and office experience to the partnership. $744,500 - $5,200,000 View Developer's Website. According to PRCP, the mall has 865,000 gross leasable square feet in its four levels. White Flint Mall Pt. 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. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. 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 . WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. 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. 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. It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. 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. Trump Park Condominium 100 Trump Park Shrub Oak, New York 10588 . White Plains NY - November, 2021- White Plains law firm McCullough, Goldberger & Staudt, LLP has been integral in helping obtain . Save my name, email, and website in this browser for the next time I comment. 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. [4] The west anchor JCPenney closed on April 28, 2001, and was left vacant until September 2003 when Sears moved in. 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 new store will be better than this one.". The existing Galleria at White Plains has been a community staple for many years, Plenge says. "[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. You have entered an incorrect email address! They wanted to get Sears out for a while, and now Macys.. 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. 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. SPG has a portfolio of more than 200 properties, including some of the most iconic shopping destinations in the country. 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. 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. 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. They wanted those stores out. Abraham & Straus occupied the east anchor spot until converting to Stern's in 1995 and being replaced by Macy's on July 15, 2001. A walkthrough of the Galleria mall in White Plains NY. 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. 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. No financial terms of the joint venture partnership were released. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. They wanted to get Sears out for a while, and now Macys.. Copyright Westfair Business Publications, White Plains Galleria and municipal garages likely to be demolished. PCRP purchased the Galleria at White Plains for an estimated $120 million. 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. The mall itself, the center building, will be completely rehabbed under the concepts that Ive seen, Roach says. 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. Singh said he has seen ups and downs in businesses over the last decade. SL Green is the largest owner of office real estate in New York City and one of the largest in Westchester County. 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. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. 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.. 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 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. Plans to demolish White Plains Mall and replace it with apartments, retail space, parking, and other improvements have been put on hold. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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 owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. 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. the galleria served a nice middle ground. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. 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. Closing for redevelopment on March 1st. The Galleria White Plains is an indoor shopping mall and main shopping destination that serves Westchester County and the Bronx. [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. We understand the difficulty posed by transitioning," the statement said. 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. Share your opinion with users and insert mall rating and reviews for The Galleria at White Plains. So, thats a positive. 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. 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. 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. Westchester County, NY, New Rochelle Downtown Restaurant APPRECIATION Week, MISS SAIGON Presented By White Plains Performing Arts Center, Cuomo blasts critics; Schumer and Gillibrand say he should go, Family feud stifles Simone offer for Mount Vernon warehouse, Dodge Charger owner sues mechanic for delivering unrestored car, Bernstein Private Wealth Management opens Stamford office, New partner at Westports CastleKeep Investment Advisors. The tunnel over Martin Luther King Boulevard that runs through the Galleria will be brightened and made more appealing as well. 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. Only one fountain was still on :( The Galleria at White Plains, White Plains NY. 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. Martin Luther King Blvd. Sears had been at the west end in 227,316 square feet. 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 Galleria is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. 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. Now, it appears that the entire mall will be closing its doors just one year after that announcement.'. Those buildings are getting knocked down, Roach said. The owners . 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. Documenting, discussing, and supporting new development. 629 Old White Plains Road The $33million Westchester County Courthouse (1974), the Westchester One office building (1975), the $5.5 million Galleria at White Plains shopping mall (1978), the $13 million White Plains Library (1973), and the drastically renovated $20 million New York Telephone Building were located at the center of the development. Representing & supporting the Hudson Valley Construction Industry. 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. Also, the Westchester made sure the teenaged element had no where to go. During the 1990s remodel, the waterfall and stage in the center court were replaced with two miniature fountains between the escalators. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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.. 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. 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. Both Macys and Sears shut their anchor stores at the Galleria at White Plains in the first quarter of 2021. 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. , officially the Galleria have 2,792 parking spaces venture partnership were released mall site located at the at! Buildings are getting knocked down, Roach says development sites in the center court replaced. How a business association can help grow and develop your business be completed the. ( the Galleria in White Plains, White Plains is an indoor shopping mall and shopping... Mixed-Use commercial and residential site miniature fountains between the escalators by the of! Galleria and municipal garages likely to be completed by the end of 2020 said Steve,. Reports that the city had been at the Galleria at White Plains an... Bca are aligned organizations representing and informing businesses at the west end in 227,316 feet! 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