Copyright Westfair Business Publications, White Plains Galleria and municipal garages likely to be demolished. Its going to probably be the biggest development project that the citys going to see. The lease for Sears at the Galleria in White Plains was not sold to Seritage. Pacific Retail announced the purchase as one of three regional malls totaling 2.8 million square feet it added to its portfolio at the time. The two new partners bring extensive local multi-family and office experience to the partnership. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. PRCP bought the four-floor, 870,000-square-foot mall in 2016 and its Macy's attachment in 2019, the Journal News reported. Photos of. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. A walkthrough of the Galleria mall in White Plains NY. 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. 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 people there say they need "more green space" when white plains has a billion parks already. Its. 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. The conceptual development plan and site plan have already been approved, though the developers are. 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. 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." It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. SL Green Realty Corp. is a real estate investment trust (REIT) that is focused primarily on Manhattan commercial properties. Roach said that creating a pedestrian-friendly environment would be an important part of what he wants to see in a redevelopment plan. 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. 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. That section of the city is devoid of street level services, and it is cold and antiseptic, Roach says. 287 684 95 87 BOULEVARD. The Galleria Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk It holds interests in 64 buildings totaling 34.4 million square feet. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. [6], Interior shots of the mall were used in the 2018 film Eighth Grade as well as the 2022 film Somewhere in Queens.[7]. They wanted those stores out. It declined to make further comment, citing that plans are still evolving. 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.' 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. 3 min read. Macys had anchored the mall at the east end in 328,599 square feet of space. 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. Can Downtown White Plains Save the Galleria Mall? General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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. Pleasantville 149,128 Chappaqua . The Galleria is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. The first phase of the redevelopment is expected to be completed by the end of 2020. Related: Can Downtown White Plains Save the Galleria Mall? runs directly underneath the mall. Posted Mon, Nov 1, 2021 at 3:12 pm ET. I think were going to turn it into something thats alive with street life, like what you see on Mamaroneck Avenue.. Demolition at the existing site has already begun, with plans to be completed by December 2022 and occupancy beginning in spring of 2023. "The reimagining of this property is. 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.. Strategically positioned, The Galleria attracts administrative professionals from the surrounding six million square feet of office space within walking distance. 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 . Sharon Bodnar Briskman 914.329.8889 Contact. 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: Interested in learning how a business association can help grow and develop your business? 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. Cappelli is credited with jumpstarting the renaissance of downtown White Plains with its City Center retail and residential project. 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. 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. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. Galleria White Plains, New York: Pacific Retail Capital Partners (PRCP) The mall has 865,000 gross leasable SF in its four levels. PRCP said in its statement that management is working with the tenants to ensure a smooth transition. The City of White Plains owns the adjacent 2,800-car parking garage. the westchester mall is high end. Write CSS OR LESS and hit save. Those buildings are getting knocked down, Roach said. 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., Office address: 2 (Rockville, Maryland) . They want to do residential buildings but there would be not a mall, White Plains Mayor Tom Roach told the Business Journals. No financial terms of the joint venture partnership were released. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. 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 tunnel over Martin Luther King Boulevard that runs through the Galleria will be brightened and made more appealing as well. Youll lose that disconnect that the current mall imposes.. 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. Singh said he has seen ups and downs in businesses over the last decade. 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. The Galleria at White Plains, a popular Westchester County shopping mall, will be closing their doors come March 2023. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. 629 Old White Plains Road 3 Westchester Park Drive. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains that is well underway. Only one fountain was still on :( The Galleria at White Plains, White Plains NY. 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. It went on to detail coding a portion of the mall in order to follow through with such a plan. 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. [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. It opened in the summer of 1980 and was the first of three Gallerias to open in the fall of 1980 around the nation, the others being Sherman Oaks and Fort Lauderdale. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. 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 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. Sears had been at the west end in 227,316 square feet. Interested in learning how a business association can help grow and develop your business? "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. They wanted those stores out. 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 White Plains is an indoor shopping mall and main shopping destination that serves Westchester County and the Bronx. ft. of gross leasable area across four floors. 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. 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 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. 2023 www.lohud.com. I have great customers and I take them as family, he said. ', 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.' Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. 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 $650 million redevelopment two. 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. You have entered an incorrect email address! Tarrytown NY 10591. 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. They wanted to get Sears out for a while, and now Macys.. 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. A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. . Also, the Westchester made sure the teenaged element had no where to go. 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. 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. Related: Where to Shop in Westchester for Small Business Saturday. Martin Luther King Blvd. Most of the anchor s. Read the latest issue of Westchester magazine for FREE! The newly created area will be used as outdoor space, including dining possibilities. The Cappelli Organization has completed more than 25 million square feet of development valued at more than $10 billion. Its going to be opened up, so youll be able to walk through it. 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 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. Galleria at White Plains mall closing for good 02:00. Copyright 2023 Construction Industry Council Westchester & Hudson Valley Inc. | Designed by Lunasa Technologies LLC. 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. After some delay, construction has officially commenced on Hamilton Green, a $650-millon mixed-use project that will be undertaken in phases. 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. 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. 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. It counts 2,840 available parking spaces. 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. The Galleria is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. tear down white plains mall and put a park 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. Since then, the retailer has leased the property, and the location is currently in the midst of a store-closing sale. 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." 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. 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.. The Galleria is conveniently located at the intersection of Main Street and Dr. Martin Luther King Boulevard . The Galleria includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. 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 was constructed adjacent to a large two-block-long parking garage that is connected directly to the mall at various levels. 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, Cappelli stated. Josh Veloso, who shopped during lunch break, said he still prefers shopping at the old mall to shopping online. 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. "Theres a lot going on there.. 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. 100 MAIN STREETWHITE PLAINS, NY 10601MAP IT, GUEST SERVICES: 914.682.0111SECURITY: 914.682.0111, on Pacific Retail Capital Partners and Aareal Bank Group Form a Joint-Venture with SL Green Realty Corp. & The Cappelli Organization to reshape the future of White Plains, on BREAKING NEWS: White Plains Galleria may soon be making way for major development project, on Macys sells White Plains store to Galleria owner for $27 million, to remain open, on Galleria: New owner may add new uses, events, Pacific Retail Capital Partners and Aareal Bank Group Form a Joint-Venture with SL Green Realty Corp. & The Cappelli Organization to reshape the future of White Plains, BREAKING NEWS: White Plains Galleria may soon be making way for major development project, Macys sells White Plains store to Galleria owner for $27 million, to remain open, Galleria: New owner may add new uses, events. 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. The spaces are worth keeping, but in a more modern structure.. 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. CTRL + SPACE for auto-complete. Both Macys and Sears shut their anchor stores at the Galleria at White Plains in the first quarter of 2021. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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. 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 . Its anchor stores are Macy's and Sears, which were relocated to the mall from nearby locations on Main Street to replace the original anchor stores. Previous anchors at the Galleria included Abraham & Straus and JCPenney. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. 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]. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. Where to Shop in Westchester for Small Business Saturday, 7 Westchester Eateries for Healthful, Healing Food, A Scarsdale Resident on the Power of Textiles During the Holocaust. The Galleria, which opened in 1980, consists of approximately 10 acres in a Qualified Opportunity Zone in the heart of downtown White Plains, near a major mass transit hub for Metro-North Railroad. The 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. Two of the chief anchorsMacys and Sears have both shuttered stores there. 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. 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. 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." Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. The $650 million redevelopment two. "[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. WHITE PLAINS - The owners of the Galleria at White Plains are looking to reshape its future as a mixed-use commercial and residential site. 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. Representing & supporting the Hudson Valley Construction Industry. 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. Closing for redevelopment on March 1st. White Plains Mayor Thomas Roach says he expects PCRP to go far beyond a simple refurbish of the Galleria mall, which it purchased in 2016. The 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. 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. 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. 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. 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. In the 1970s, the White Plains Mall was a 3.74-acre state-of-the-art shopping center that served as a bustling center for the City. It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. 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