White Plains NY. The company said it has more than $3 billion in retail assets currently under management. The development will consist of four residential buildings comprising 860 apartments, including approximately 90 affordable units. Your California Privacy Rights / Privacy Policy. The Galleria Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk 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. "Theres a lot going on there.. The Galleria is closing in March. I dont think anyone thinks that that garage is worth keeping. 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. All rights reserved. Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. 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. 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. 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." City Square Completes Renovations at 50 Main Street in White Plains, New York 7:00 am on August 1, 2022 By Sebastian Morris Ginsburg Development has unveiled more than 300,000 square feet of Class A office space at City Square, a sprawling mixed-use property at 50 Main Street in Downtown White Plains. 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. Sears had been at the west end in 227,316 square feet. Its going to be opened up, so youll be able to walk through it. PCRP purchased the Galleria at White Plains for an estimated $120 million. Pacific Retail Capital Partners is headquartered in El Segundo, CA, and Aareal Bank is based in Wiesbaden, Germany. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. The Galleria is closing in March. 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. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. 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 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. 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. 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.'. Infrastructure Jobs Are in High Demand Across Westchester, Riverkeeper President Tracy Brown Works to Clean the Hudson. (A separate story will be forthcoming on the solar project.). Some tenants moved out of the mall after the closing of anchor stores like Sears and Macys. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. Abraham & Straus occupied the east anchor spot until converting to Stern's in 1995 and being replaced by Macy's on July 15, 2001. 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. Josh Veloso, who shopped during lunch break, said he still prefers shopping at the old mall to shopping online. On November 10, 2020, it was announced Sears would close. 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 plan is to transform the 870,000-square-foot mall, officially the Galleria at White Plains, into a mixed-use commercial and residential site. 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 mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. ft. of gross leasable area across four floors. 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. 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." 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. SPG has a portfolio of more than 200 properties, including some of the most iconic shopping destinations in the country. . In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. 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. Several storefronts are already vacant. The Galleria includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. The mall includes 865,000 sq. Store employees were busy helping with last-minute gifts and the food court was typically crowded. Set to close for good on March 1st. That section of the city is devoid of street level services, and it is cold and antiseptic, Roach says. According to PRCP, the mall has 865,000 gross leasable square feet in its four levels. So, thats a positive. r/deadmalls . Related: Where to Shop in Westchester for Small Business Saturday. 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. Closing for redevelopment on March 1st. More recently, in early November, another update was posted on the mall website discussing a new masterplan and design intending to 'build upon the remarkable renaissance under way in Downtown White Plains.' Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. 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. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. We are fortunate to be able to play a role in recreating the property with mixed uses that will link the citys transit center with the Mamaroneck Avenue corridor.. We understand the difficulty posed by transitioning," the statement said. Remember When This SUNY New Paltz Grad Went Missing in Maryland? In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. Brian Callen Coming to the Hudson Valley For Three Days, Repulsive Conditions Reported at New York Rest Stop, New Businesses & Construction Bring Life to Dying Wappingers Shopping Plaza. Cappelli is credited with jumpstarting the renaissance of downtown White Plains with its City Center retail and residential project. White Plains, New York 10601 Nancy Kennedy 914.271.5500 Contact. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. (A separate story will be forthcoming on the solar project.). Save my name, email, and website in this browser for the next time I comment. Can Downtown White Plains Save the Galleria Mall? Now, it appears that the entire mall will be closing its doors just one year after that announcement.'. Previous anchors at the Galleria included Abraham & Straus and JCPenney. 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. 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,. During the 1990s remodel, the waterfall and stage in the center court were replaced with two miniature fountains between the escalators. Roach said that creating a pedestrian-friendly environment would be an important part of what he wants to see in a redevelopment plan. Please check back with https://www.realestateindepth.com for further updates. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. It counts 2,840 available parking spaces. 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 . 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 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 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 reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. PRCP said in its statement that management is working with the tenants to ensure a smooth transition. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. 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. It counts 2,840 available parking spaces. CTRL + SPACE for auto-complete. 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. I cant get into who else is involved, but there are big investors who will put substantial money into this project.. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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 owners of T he Galleria at White Plains are teaming up with two prominent development firms to explore mixed uses for the retail center that has been a downtown draw for the last 42 years. 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. 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. The mall includes 865,000 sq. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. 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. The Galleria was constructed adjacent to a large two-block-long parking garage that is connected directly to the mall at various levels. 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. 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. Its going to probably be the biggest development project that the citys going to see. [4] The west anchor JCPenney closed on April 28, 2001, and was left vacant until September 2003 when Sears moved in. The City of White Plains owns the adjacent 2,800-car parking garage. 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 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 . 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 White Plains is an indoor shopping mall and main shopping destination that serves Westchester County and the Bronx. Interested in learning how a business association can help grow and develop your business? A walkthrough of the Galleria mall in White Plains NY. The first phase of the redevelopment is expected to be completed by the end of 2020. 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 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. 287 684 95 87 BOULEVARD. 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 two new partners bring extensive local multi-family and office experience to the partnership. 2023 www.lohud.com. White Plains 116,768 Larchmont 293,010 Tarrytown 133,540 Rye 269,433 Scarsdale 363,713 Irvington 208,052 Hastings-On-Hudson 172,791. (Pics Taken 2/24/23) comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like . It holds interests in 64 buildings totaling 34.4 million square feet. 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. 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. Representing & supporting the Hudson Valley Construction Industry. When the Westchester first opened, no one under 16 years old could move hassle free unless you had a bag. Galleria at White Plains mall closing for good 02:00. Copyright Westfair Business Publications, White Plains Galleria and municipal garages likely to be demolished. This is one of the most exciting mixed-use development sites in the New York Metro Area, said Steve Plenge, CEO of PRCP. When the Galleria first opened, it was considered the cornerstone in the urban renewal redevelopment of White Plains downtown. Most of the anchor s. Construction Industry Council Westchester & Hudson Valley Inc. 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. 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 reimagining of this property is. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. The plan involves the demolition of the Macys along Court Street. 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. 3 min read. International Womens Day Continues with Bevz Talks. Its going to probably be the biggest development project that the citys going to see. However the developer of that White Plains Mall . 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. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. The Galleria moved from the It spot in White Plains to the "ghetto" mall. The first steps toward realizing the strategic vision for The Galleria will begin soon, says Steve Plenge, CEO of PRCP, where a master plan using cutting-edge design will be implemented to reshape the aging mall space. 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. "December 22, 2022 "FROM: Pacific Retail Capital Partners "The Galleria White Plains is slated to cease business as of March 2023 to prepare for redevelopment. The Galleria opened in 1980 at 100 Main Street in White Plains. They wanted to get Sears out for a while, and now Macys.. 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. Plenge said that they anticipate closing a portion of the Galleria early next year to begin the redevelopment. 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. $744,500 - $5,200,000 View Developer's Website. The Galleria at White Plains address: 100 Main St, White Plains, New York - NY 10601 - 2601. Copyright 2023 Construction Industry Council Westchester & Hudson Valley Inc. | Designed by Lunasa Technologies LLC. 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