According to the companys website, it owns two other shopping centers in New York, Colonie Center in Albany and Broadway Commons in Hicksville. 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. In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. The tunnel over Martin Luther King Boulevard that runs through the Galleria will be brightened and made more appealing as well. 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. 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. 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. WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. 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. . 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. 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. 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. Previous anchors at the Galleria included Abraham & Straus and JCPenney. 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. 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 . CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. High-rise residential towers have already drawn thousands of new residents to this rapidly evolving area. 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 Galleria, an 870,000-square-foot, 85-store complex that was launched to much anticipation in 1980, is now being envisioned as a mixed-use project that is centered on "residential development and amenity-based retail," according to a statement by the new partnership. White Flint Mall Pt. 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. White Plains, New York 10601 Nancy Kennedy 914.271.5500 Contact. 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. Photos of. Related: Where to Shop in Westchester for Small Business Saturday. The conceptual development plan and site plan have already been approved, though the developers are. 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. Construction Industry Council Westchester & Hudson Valley Inc. He said he'll go to The Westchester mall a few blocks away when the Galleria is no more. 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. SL Green Realty Corp. is a real estate investment trust (REIT) that is focused primarily on Manhattan commercial properties. Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. No financial terms of the joint venture partnership were released. Copyright Westfair Business Publications, White Plains Galleria may soon be making way for major development project, AMAZING BUTTERFLIES EXHIBIT COMES TO LASDON. According to PRCP, the mall has 865,000 gross leasable square feet in its four levels. 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. 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. Were struggling, but I have confidence and experience. (A separate story will be forthcoming on the solar project.). The White Plains Mall mixed use retail is at a standstill because the Department of Motor Vehicles continues to occupy the site prior to a move to the former Fortunoff complex across from the Westchester. 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. Tenants are receiving. 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. 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. 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. 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. 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. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. He envisions a new space that would include a lot of room for people to walk and facilitate more outdoor activities. It counts 2,840 available parking spaces. 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. Related: Can Downtown White Plains Save the Galleria Mall? 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. Its going to probably be the biggest development project that the citys going to see. Stewarts Brings Back Fan-Favorite Ice Cream for Limited Time! 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. WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. The Galleria includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. 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. The City of White Plains owns the adjacent 2,800-car parking garage. 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. 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.. 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. 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,. He added that the redevelopment of the Galleria comes as Cappelli entity LRC Construction works on Hamilton Greenthe estimated $600-million redevelopment of the former White Plains Mall. The company said it has more than $3 billion in retail assets currently under management. Pleasantville 149,128 Chappaqua . The mall itself, the center building, will be completely rehabbed under the concepts that Ive seen, Roach says. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. 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. The Galleria is conveniently located at the intersection of Main Street and Dr. Martin Luther King Boulevard . 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. Both Macys and Sears closed anchor stores at the Galleria at White Plains in the first quarter of 2021. They wanted those stores out. "[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 Galleria was built by Cadillac Fairview and opened in the summer of 1980. A walkthrough of the Galleria mall in White Plains NY. They want to do residential buildings but there would be not a mall, White Plains Mayor Tom Roach told the Business Journals. 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 mall, often referred to as a blight to downtown White Plains, appears to be on the verge of receiving a long-needed makeover. 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 . 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. 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 was constructed adjacent to a large two-block-long parking garage that is connected directly to the mall at various levels. 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. During the holiday season, the mall's promotional slogan was "We bring more good things to Christmas. PCRP purchased the Galleria at White Plains for an estimated $120 million. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. 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 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. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. 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