The property, including its parking. The owners . 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. 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. 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. It counts 2,840 available parking spaces. The Galleria at White Plains opened in 1980. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. 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. The Galleria at White Plains is an important property in Westchester County and the region. Plenge said that they anticipate closing a portion of the Galleria early next year to begin the redevelopment. 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. Can Downtown White Plains Save the Galleria Mall? Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. 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. Infrastructure Jobs Are in High Demand Across Westchester, Riverkeeper President Tracy Brown Works to Clean the Hudson. Still, some shoppers are nostalgic about their favorite stores and the years past when the Galleria reigned supreme as central Westchester's shopping mecca. SL Green is the largest owner of office real estate in New York City and one of the largest in Westchester County. The Galleria at White Plains, a popular Westchester County shopping mall, will be closing their doors come March 2023. Representing & supporting the Hudson Valley Construction Industry. I work hard and I know I can make it. Pleasantville 149,128 Chappaqua . At the time of the March 2022 announcement, Sears, one of the flagship/anchor stores at the Galleria at White Plains had already closed, and Macy's was not far behind. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. 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. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}410153N 734615W / 41.031262N 73.770876W / 41.031262; -73.770876, Last edited on 27 February 2023, at 04:52, "Galleria at White Plains Pacific Retail Capital Partners", https://galleriaatwhiteplains.com/center-info/, "A final holiday season: Galleria mall in White Plains is closing in March", "STERN'S SITE IN WHITE PLAINS TO BECOME MACY'S IN JULY", "The Galleria White Plains New York Christmas Commercial", "Man gets 25 to life in racial killing at mall", "Spot the Local Scenery in Bo Burnham's Debut Film 'Eighth Grade', "Last Sears in Westchester to close its doors in February", "Developers to Explore Mixed Uses for White Plains Galleria", "POSTINGS: The White Plains Macy's Is Moving;Downtown Centerpiece Packing Up for the Galleria", Galleria at White Plains official website, https://en.wikipedia.org/w/index.php?title=Galleria_at_White_Plains&oldid=1141855489, This page was last edited on 27 February 2023, at 04:52. 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., No financial terms of the joint venture partnership were released. (A separate story will be forthcoming on the solar project.). Tenants are receiving. A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. Please check back with https://www.realestateindepth.com for further updates. 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. 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 . (A separate story will be forthcoming on the solar project.). It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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. However the developer of that White Plains Mall . Demolition at the existing site has already begun, with plans to be completed by December 2022 and occupancy beginning in spring of 2023. [4] The west anchor JCPenney closed on April 28, 2001, and was left vacant until September 2003 when Sears moved in. 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. 287 684 95 87 BOULEVARD. PCRP purchased the Galleria at White Plains for an estimated $120 million. 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. Interested in learning how a business association can help grow and develop your business? 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. 3 Westchester Park Drive. 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 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. Galleria at White Plains mall closing for good 02:00. Several storefronts are already vacant. 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. During the holiday season, the mall's promotional slogan was "We bring more good things to Christmas. 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. 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. 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. 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. Plow Truck Leaves Behind Hazard on Hudson Valley Roadway, $7,500+ Stolen From SNAP Funding in the Hudson Valley. Also, the Westchester made sure the teenaged element had no where to go. White Plains NY - November, 2021- White Plains law firm McCullough, Goldberger & Staudt, LLP has been integral in helping obtain . "Our goal is to provide an opportunity for their businesses to continue. The Galleria opened in 1980 and takes up about 10 acres between the city's mass-transit hub and the busy retail strip on Mamaroneck Avenue. the galleria served a nice middle ground. It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. Link: https://westchestermagazine.com/life-style/business/white-plains-galleria-redevelopment/ The mall includes 865,000 sq. 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. REDEVELOPMENT IN . 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. Martin Luther King Blvd. You have entered an incorrect email address! 629 Old White Plains Road 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. As we close the center, we are committed to working with the tenants to assist them in making a smooth transition.". Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. The Galleria at White Plains opened in 1980. [6], Interior shots of the mall were used in the 2018 film Eighth Grade as well as the 2022 film Somewhere in Queens.[7]. Stewarts Brings Back Fan-Favorite Ice Cream for Limited Time! The new store will be better than this one.". PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. The developer, who is interested in the project, claims to be committed to it. 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. $2,295,000 - $2,395,000. So, thats a positive. Most of the anchor s. Both Macys and Sears closed anchor stores at the Galleria at White Plains in the first quarter of 2021. High-rise residential towers have already drawn thousands of new residents to this rapidly evolving area. 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. 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 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. 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. 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. Built by Cadillac Fairview, a Canadian developer, the 900,000-square-foot (84,000m2), four-level mall is located on two large city blocks of former urban renewal land. 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 . 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. Ebo Yumus, owner of IFix & Accessorize It, said he hopes to move to another shopping center, either in White Plains or Port Chester. 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.. During the 1990s remodel, the waterfall and stage in the center court were replaced with two miniature fountains between the escalators. Negotiations on that lease by the DMV are now being conducted, if not already completely. It's long been said that the mall, a giant block of a building, restricts downtown movement for pedestrians. The company said it has more than $3 billion in retail assets currently under management. 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. 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,. No purchase price was reported. Read the latest issue of Westchester magazine for FREE! He has been a longtime critic of the stark exterior of the existing mall. Abraham & Straus occupied the east anchor spot until converting to Stern's in 1995 and being replaced by Macy's on July 15, 2001. 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. Related: Where to Shop in Westchester for Small Business Saturday. They wanted those stores out. 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. 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. 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. 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." Sharon Bodnar Briskman 914.329.8889 Contact. 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. 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. 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. 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. tear down white plains mall and put a park 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. Pacific Retail Capital officials said it plans to close a portion of the mall early next year in connection with its redevelopment plans that many observers believe will be tilted heavily toward residential use. 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. 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. 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." Singh said he has seen ups and downs in businesses over the last decade. This project is going to take a while," Roach said. 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. A walkthrough of the Galleria mall in White Plains NY. Last week, Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria, announced a joint venture partnership with Cappelli . PRCP bought the four-floor, 870,000-square-foot mall in 2016 and its Macy's attachment in 2019, the Journal News reported. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. 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. 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." 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. Copyright Westfair Business Publications, White Plains Galleria may soon be making way for major development project, AMAZING BUTTERFLIES EXHIBIT COMES TO LASDON. The Galleria opened in 1980 at 100 Main Street in White Plains. The Galleria White Plains is an indoor shopping mall and main shopping destination that serves Westchester County and the Bronx. 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. 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.. Its going to probably be the biggest development project that the citys going to see. 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 . 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