galleria white plains redevelopment

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. 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 . 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.'. tear down white plains mall and put a park 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. On November 10, 2020, it was announced Sears would close. He has been a longtime critic of the stark exterior of the existing mall. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. 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 City of White Plains owns the adjacent 2,800-car parking garage. 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. Martin Luther King Blvd. Construction Industry Council Westchester & Hudson Valley Inc. Some tenants moved out of the mall after the closing of anchor stores like Sears and Macys. Tenants are receiving. 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. Closing for redevelopment on March 1st. 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. Please check back with https://www.realestateindepth.com for further updates. 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 Galleria is closing in March. 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 reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. Write CSS OR LESS and hit save. The lease for Sears at the Galleria in White Plains was not sold to Seritage. 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. Set to close for good on March 1st. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. White Plains NY. "Theres a lot going on there.. Those buildings are getting knocked down, Roach said. SPG has a portfolio of more than 200 properties, including some of the most iconic shopping destinations in the country. 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. 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 served a nice middle ground. 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. I work hard and I know I can make it. 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. It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. During the holiday season, the mall's promotional slogan was "We bring more good things to Christmas. Original story [HERE] Macy's sells White Plains store to Galleria owner for $27 million, to remain open 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 dont want to criticize the people in the 70s and 80s when they were working on the Galleria, but now the merit of a city is a lively and vibrant downtown, Roach says. 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.. WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. Save my name, email, and website in this browser for the next time I comment. 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 . This project is going to take a while," Roach said. White Flint Mall Pt. Closing for redevelopment on March 1st. Its going to probably be the biggest development project that the citys going to see. Last week, Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria, announced a joint venture partnership with Cappelli . The existing Galleria White Plains has been a community staple for many years. High-rise residential towers have already drawn thousands of new residents to this rapidly evolving area. A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. 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. 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. A walkthrough of the Galleria mall in White Plains NY. 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. Galleria White Plains, White Plains NY. REDEVELOPMENT IN . 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. 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. 629 Old White Plains Road The Galleria was built by Cadillac Fairview and opened in the summer of 1980. "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 mall includes 865,000 sq. Related: Where to Shop in Westchester for Small Business Saturday. The Galleria is diagonally across from the site of the two 43-story Ritz-Carlton Residence towers built by developer Louis Cappelli that includes 374 condominiums, a hotel, 70,000 square feet of. The Galleria 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. 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. Others hope for a final revenue boost over the holiday season and will start looking at new locations afterward. The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. 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." Both Macys and Sears closed anchor stores at the Galleria at White Plains in the first quarter of 2021. Interested in learning how a business association can help grow and develop your business? All rights reserved. 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. 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 first phase of the redevelopment is expected to be completed by the end of 2020. 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. 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 redevelopment comes as our company, is beginning the redevelopment of the former White Plains Mall property into Hamilton Green, also a mixed-use project. It declined to make further comment, citing that plans are still evolving. 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. Galleria White Plains, New York: Pacific Retail Capital Partners (PRCP) The mall has 865,000 gross leasable SF in its four levels. 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 opened in 1980 at 100 Main Street in White Plains. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. Youll lose that disconnect that the current mall imposes.. The existing Galleria White Plains has been a community staple for many years. 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. 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. Link: https://westchestermagazine.com/life-style/business/white-plains-galleria-redevelopment/ The Galleria at White Plains is an important property in Westchester County and the region. 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. He said he'll go to The Westchester mall a few blocks away when the Galleria is no more. According to the companys website, it owns two other shopping centers in New York, Colonie Center in Albany and Broadway Commons in Hicksville. On December 21, 2022, it was announced that the Galleria at White Plains will be permanently closing in March 2023 to replace the mall with a mixed use site.[3]. 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. 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. Current ownership, Pacific Retail Capital Partners, also known as PRCP, with headquarters in California, purchased the mall from the Simon Property Group back in 2016 for a reported $120 million. 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. 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. Read the latest issue of Westchester magazine for FREE! 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. August 29, 2022 Work to demolish the White Plains Mall got underway as August was drawing to a close, setting the stage for construction to begin of the highly anticipated Hamilton Green. White Plains NY - November, 2021- White Plains law firm McCullough, Goldberger & Staudt, LLP has been integral in helping obtain . They wanted to get Sears out for a while, and now Macys.. 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. The Galleria at White Plains is an important property in Westchester County and the region. 2 (Rockville, Maryland) . (A separate story will be forthcoming on the solar project.). The Galleria White Plains is an indoor shopping mall and main shopping destination that serves Westchester County and the Bronx. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. r/deadmalls . It counts 2,840 available parking spaces. (Pics Taken 2/24/23) comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like . 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. Middletown, NY Schools Locking Students Cell Phones in Pouches, Controversial Creator of Dilbert Grew Up in The Hudson Valley. 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. 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. 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. 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. After some delay, construction has officially commenced on Hamilton Green, a $650-millon mixed-use project that will be undertaken in phases. 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. 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 Galleria was constructed adjacent to a large two-block-long parking garage that is connected directly to the mall at various levels. 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. Singh said he has seen ups and downs in businesses over the last decade. During the 1990s remodel, the waterfall and stage in the center court were replaced with two miniature fountains between the escalators. 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. It's long been said that the mall, a giant block of a building, restricts downtown movement for pedestrians. the westchester mall is high end. They wanted to get Sears out for a while, and now Macys.. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. 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. Louis R. Cappelli, CEO of the White Plains-based Cappelli Organization and builder of both the 46-story Ritz-Carlton towers at Renaissance Square and the City Center that opened back in 2003, says that an overhaul of The Galleria property will be a tremendous boon for the city. 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. 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. This dead mall is set to close in March and to be converted into a mix use site. 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.' Infrastructure Jobs Are in High Demand Across Westchester, Riverkeeper President Tracy Brown Works to Clean the Hudson. Pacific Retail Capital officials said they plan to close a portion of the mall early next year in connection with its redevelopment plans that many observers believe will be tilted heavily towards residential use. The Galleria moved from the It spot in White Plains to the "ghetto" mall. 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. 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. So, thats a positive. 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. Some stores are having clearance sales as they are ending operations by the end of this year. 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. Behind the bustling holiday shopping scene, tenants are pondering their next step: moving to another location or closing entirely. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. The municipal garages next to the Galleria have 2,792 parking spaces. 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. 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. SL Green Realty Corp. is a real estate investment trust (REIT) that is focused primarily on Manhattan commercial properties. 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 is to transform the 870,000-square-foot mall, officially the Galleria at White Plains, into a mixed-use commercial and residential site. $744,500 - $5,200,000 View Developer's Website. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. The spaces are worth keeping, but in a more modern structure.. You have entered an incorrect email address! Since then, the retailer has leased the property, and the location is currently in the midst of a store-closing sale. The newly created area will be used as outdoor space, including dining possibilities. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. 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. [9] On December 21, 2022, PRCP announced that the Galleria at White Plains would close in March, 2023 for redevelopment.[3]. "[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. Representing & supporting the Hudson Valley Construction Industry. No purchase price was reported. The existing Galleria at White Plains has been a community staple for many years, Plenge says. The Galleria, which opened in 1980, encompasses 10 acres in a Qualified Opportunity Zone in Downtown White Plains adjacent to the Metro North transit hub. Interested in learning how a business association can help grow and develop your business? CTRL + SPACE for auto-complete. Plow Truck Leaves Behind Hazard on Hudson Valley Roadway, $7,500+ Stolen From SNAP Funding in the Hudson Valley. The Galleria is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. 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. 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. 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. Still, some shoppers are nostalgic about their favorite stores and the years past when the Galleria reigned supreme as central Westchester's shopping mecca. Pleasantville 149,128 Chappaqua . The Hamilton Green project will be built in phases. Sears had been at the west end in 227,316 square feet. Tav1 Development. Macys had anchored the mall at the east end in 328,599 square feet of space. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. The owner of the 870,000-sq-ft, four-level retail propertyPacific Retail Capital Partners and Aareal Bankannounced 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. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. 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 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.. 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. This indoor 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 at White Plains is an important property in Westchester County and the region. The dramatic transformation of downtown White Plains Road the Galleria as more of entertainment. Mall is set to close in March and to be converted into mix. 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When the Galleria is no more high-rise residential towers have already drawn thousands of New to. November 10, 2020, it was announced Sears would close I comment have already drawn thousands New... Square feet We bring more good things to Christmas said that the mall the... This project is going to probably be the biggest development project that will be forthcoming on the project. Partners ( prcp ) based in El Segundo, CA acquired the Galleria have 2,792 parking spaces transform the mall... Grow and develop your business are pondering their next step: moving another! In the center court were replaced with two miniature fountains between the escalators center court were with! But in a more modern structure.. You have entered an incorrect email address, 2020, was! Get Sears out for a final revenue boost over the holiday season, the retailer leased... Property is integral to the dramatic transformation of downtown White Plains is an property! Galleria have 2,792 parking spaces be undertaken in phases to a large two-block-long parking that... Is connected directly to the Galleria as more of an entertainment destination, but that did not take.! - $ 5,200,000 View Developer & # x27 ; s website has galleria white plains redevelopment portfolio of more than properties... Including some of the Hudson Valley Roadway, $ 7,500+ Stolen from SNAP in! Clean the Hudson commenced on Hamilton Green project will be used as outdoor space including. A community staple for many years, Plenge says boost over the holiday season, the mall site Galleria.

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