It counts 2,840 available parking spaces. . On Dec. 8, city and county dignitaries joined RXR . "Theres a lot going on there.. Its going to probably be the biggest development project that the citys going to see. 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. Demolition at the existing site has already begun, with plans to be completed by December 2022 and occupancy beginning in spring of 2023. In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. 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. 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. "[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. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. The Galleria is closing in March. 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. It counts 2,840 available parking spaces. 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. 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. runs directly underneath the mall. Trump Park Condominium 100 Trump Park Shrub Oak, New York 10588 . And to be real, unless you looked a certain way. Negotiations on that lease by the DMV are now being conducted, if not already completely. Built in 1980 by Canadian developer Cadillac Fairview, the mall currently rises four stories and features approximately 865,000 square feet of retail space. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. 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 property, including its parking. The existing Galleria White Plains has been a community staple for many years. 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. Pacific Retail Capital Partners is headquartered in El Segundo, CA, and Aareal Bank is based in Wiesbaden, Germany. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. 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.' Also, the Westchester made sure the teenaged element had no where to go. 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 White Plains is an indoor shopping mall and main shopping destination that serves Westchester County and the Bronx. 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." 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. 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. 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.. 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. Previous anchors at the Galleria included Abraham & Straus and JCPenney. 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. 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. You have entered an incorrect email address! 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. 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. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. Sharon Bodnar Briskman 914.329.8889 Contact. The mall itself, the center building, will be completely rehabbed under the concepts that Ive seen, Roach says. 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. 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. A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. During the holiday season, the mall's promotional slogan was "We bring more good things to Christmas. 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. They wanted to get Sears out for a while, and now Macys.. 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. 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. The existing Galleria White Plains has been a community staple for many years. White Flint Mall Pt. 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. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. He has been a longtime critic of the stark exterior of the existing mall. The Galleria at White Plains is an important property in Westchester County and the region. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. 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. Behind the bustling holiday shopping scene, tenants are pondering their next step: moving to another location or closing entirely. Roach said that creating a pedestrian-friendly environment would be an important part of what he wants to see in a redevelopment plan. Since then, the retailer has leased the property, and the location is currently in the midst of a store-closing sale. Save my name, email, and website in this browser for the next time I comment. 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.. Strategically positioned, The Galleria attracts administrative professionals from the surrounding six million square feet of office space within walking distance. Can Downtown White Plains Save the Galleria Mall? I dont think anyone thinks that that garage is worth keeping. 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. 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. The spaces are worth keeping, but in a more modern structure.. 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. 3 Westchester Park Drive. 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. 287 684 95 87 BOULEVARD. 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. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. Pacific Retail Capital Partners is headquartered in El Segundo, CA and Aareal Bank is based in Wiesbaden, Germany. Were struggling, but I have confidence and experience. All rights reserved. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. It counts 2,840 available parking spaces. CTRL + SPACE for auto-complete. PCRP purchased the Galleria at White Plains for an estimated $120 million. Posted Mon, Nov 1, 2021 at 3:12 pm ET. 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,. [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. Galleria at White Plains mall closing for good 02:00. Plow Truck Leaves Behind Hazard on Hudson Valley Roadway, $7,500+ Stolen From SNAP Funding in the Hudson Valley. 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. We have worked over the past few years to acquire the Macys fee interest at the site, along with the leasehold interest of the former Sears. We 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 City of White Plains owns the adjacent 2,800-car parking garage. Previous anchors at the Galleria included Abraham & Straus and JCPenney. 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. 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. $2,295,000 - $2,395,000. Tarrytown NY 10591. The lease for Sears at the Galleria in White Plains was not sold to Seritage. Copyright Westfair Business Publications, White Plains Galleria and municipal garages likely to be demolished. 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. with this mall closing and many other businesses leaving, people now have to go all the way to yonkers or new rochelle to shop. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. 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 municipal garages next to the Galleria have 2,792 parking spaces. 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 Cappelli is credited with jumpstarting the renaissance of downtown White Plains with its City Center retail and residential project. White Plains 116,768 Larchmont 293,010 Tarrytown 133,540 Rye 269,433 Scarsdale 363,713 Irvington 208,052 Hastings-On-Hudson 172,791. Stewarts Brings Back Fan-Favorite Ice Cream for Limited Time! The $33million Westchester County Courthouse (1974), the Westchester One office building (1975), the $5.5 million Galleria at White Plains shopping mall (1978), the $13 million White Plains Library (1973), and the drastically renovated $20 million New York Telephone Building were located at the center of the development. Singh said he has seen ups and downs in businesses over the last decade. 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. Representing & supporting the Hudson Valley Construction Industry. 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. 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. The company said it has more than $3 billion in retail assets currently under management. 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 Closing for redevelopment on March 1st. WHITE PLAINS On the Tuesday before Christmas, the Galleria mall was filled with shoppers. Cappelli has a long history in Downtown White Plains, redeveloping the former Macys store on Mamaroneck Avenue into City Center, as well as developing multiple high-rise towers including the Ritz-Carlton Hotel and Residences, Trump Tower at City Center and the Lofts at City Center in White Plains. Both Macys and Sears closed anchor stores at the Galleria at White Plains in the first quarter of 2021. 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. 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. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. The two new partners bring extensive local multi-family and office experience to the partnership. Photos of. So, thats a positive. The Galleria at White Plains, a popular Westchester County shopping mall, will be closing their doors come March 2023. NEW YORK | 2-20 + 2-21 Malt Drive (Hunters Point South) | 440 FT + 390 FT + 310 FT | 38 + 33 + 25 FLOORS General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. The Galleria has 863,715 square feet of gross leasable area. 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. 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. The Galleria at White Plains is an important property in Westchester County and the region. They wanted to get Sears out for a while, and now Macys.. ', 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.' Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. The Galleria, which opened in 1980, consists of approximately ten acres located in a Qualified Opportunity Zone in the heart of Downtown White Plains next to a major mass transit hub of Metro-North. 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. The Galleria moved from the It spot in White Plains to the "ghetto" mall. 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. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. 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 . PRCP said in its statement that management is working with the tenants to ensure a smooth transition. 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. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. Copyright 2023 Construction Industry Council Westchester & Hudson Valley Inc. | Designed by Lunasa Technologies LLC. They want to do residential buildings but there would be not a mall, White Plains Mayor Tom Roach told the Business Journals. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. According to PRCP, the mall has 865,000 gross leasable square feet in its four levels. 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, 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. Last week, Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria, announced a joint venture partnership with Cappelli . "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. 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 . It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. SL Green Realty Corp. is a real estate investment trust (REIT) that is focused primarily on Manhattan commercial properties. If you didn't have money, you hung out there. Photos of. The area is enjoying a renaissance, which over the last decade has seen a near complete transformation. 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. 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. Galleria White Plains, New York: Pacific Retail Capital Partners (PRCP) The mall has 865,000 gross leasable SF in its four levels. The new store will be better than this one.". Be better than this one galleria white plains redevelopment email, and the region step: moving another... 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