The $650 million redevelopment two. 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. The existing Galleria White Plains has been a community staple for many years. To learn more visit www.pacificretail.com or follow on social @PacificRetail. Several storefronts are already vacant. Pacific Retail Capital Partners is headquartered in El Segundo, CA and Aareal Bank is based in Wiesbaden, Germany. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. The Galleria is closing in March. 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. He envisions a new space that would include a lot of room for people to walk and facilitate more outdoor activities. 629 Old White Plains Road I think were going to turn it into something thats alive with street life, like what you see on Mamaroneck Avenue.. Since then, the retailer has leased the property, and the location is currently in the midst of a store-closing sale. Most of the anchor s. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. Its going to probably be the biggest development project that the citys going to see. 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. 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. 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. Behind the bustling holiday shopping scene, tenants are pondering their next step: moving to another location or closing entirely. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. 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. 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.. Others hope for a final revenue boost over the holiday season and will start looking at new locations afterward. I dont think anyone thinks that that garage is worth keeping. 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. NEW YORK | 2-20 + 2-21 Malt Drive (Hunters Point South) | 440 FT + 390 FT + 310 FT | 38 + 33 + 25 FLOORS They wanted to get Sears out for a while, and now Macys.. 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. (Pics Taken 2/24/23) comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like . 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. $744,500 - $5,200,000 View Developer's Website. 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 municipal garages next to the Galleria have 2,792 parking spaces. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. Stewarts Brings Back Fan-Favorite Ice Cream for Limited Time! The Galleria is closing in March. 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. 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. 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. 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. 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. REDEVELOPMENT IN . 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.. 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 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.. Pacific Retail Capital Partners is headquartered in El Segundo, CA, and Aareal Bank is based in Wiesbaden, Germany. WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. It counts 2,840 available parking spaces. During the 1990s remodel, the waterfall and stage in the center court were replaced with two miniature fountains between the escalators. International Womens Day Continues with Bevz Talks. Interested in learning how a business association can help grow and develop your business? The City of White Plains owns the adjacent 2,800-car parking garage. ft. of gross leasable area across four floors. The Galleria at White Plains, a popular Westchester County shopping mall, will be closing their doors come March 2023. It's long been said that the mall, a giant block of a building, restricts downtown movement for pedestrians. He followed this with the 46-story Ritz-Carlton towers that remade the citys skyline. The tunnel over Martin Luther King Boulevard that runs through the Galleria will be brightened and made more appealing as well. According to PRCP, the mall has 865,000 gross leasable square feet in its four levels. The company said it has more than $3 billion in retail assets currently under management. 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 first phase of the redevelopment is expected to be completed by the end of 2020. WHITE PLAINS - The owners of the Galleria at White Plains are looking to reshape its future as a mixed-use commercial and residential site. Since the early days of the pandemic we have become somewhat accustomed to announcements of businesses and retailers in the area announcing closures, but this one is major, and quite shocking. Plow Truck Leaves Behind Hazard on Hudson Valley Roadway, $7,500+ Stolen From SNAP Funding in the Hudson Valley. 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 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. Now, it appears that the entire mall will be closing its doors just one year after that announcement.'. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. 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. 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. 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. 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. The plan is to transform the 870,000-square-foot mall, officially the Galleria at White Plains, into a mixed-use commercial and residential site. The 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. runs directly underneath the mall. White Plains, New York 10601 Nancy Kennedy 914.271.5500 Contact. 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. 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. 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 870,000-square-foot mall has become a focal point in completing the reimagination of downtown. 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. 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. 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 mall featured the major anchors Macys and Sears, and junior anchors Forever 21 and H&M, all of which had since permanently closed down. 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.. "Our goal is to provide an opportunity for their businesses to continue. 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.'. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. Original story [HERE] Macy's sells White Plains store to Galleria owner for $27 million, to remain open The Galleria Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk 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. PRCP said in its statement that management is working with the tenants to ensure a smooth transition. 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. 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 at White Plains is a soon to be defunct shopping mall located in downtown White Plains, New York, US, a commercial and residential suburb 20 miles (32 km) north of New York City.The mall featured the major anchors Macy's and Sears, and junior anchors Forever 21 and H&M, all of which had since permanently closed down.On December 21, 2022, it was announced that the Galleria at . 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. Your California Privacy Rights / Privacy Policy. $2,295,000 - $2,395,000. 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. 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. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. 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. Demolition at the existing site has already begun, with plans to be completed by December 2022 and occupancy beginning in spring of 2023. 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. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. 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. 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. Not many shoppers realized, though, this would be the last holiday shopping season at the mall. Youll lose that disconnect that the current mall imposes.. 2023 www.lohud.com. 3 Westchester Park Drive. Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. The Galleria at White Plains opened in 1980. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. 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. As we close the center, we are committed to working with the tenants to assist them in making a smooth transition.". It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. High-rise residential towers have already drawn thousands of new residents to this rapidly evolving area. 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 . The Galleria includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. Its going to probably be the biggest development project that the citys going to see. In November 2022, it was announced that the owners of The Galleria at White Plains are teaming up with two prominent development firms to update the mall as a vibrant mixed-use center which will be enfolded by residential development and amenity-based retail. Abraham & Straus occupied the east anchor spot until converting to Stern's in 1995 and being replaced by Macy's on July 15, 2001. Negotiations on that lease by the DMV are now being conducted, if not already completely. Its going to be opened up, so youll be able to walk through it. 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. 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. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. The owners . SL Green Realty Corp. is a real estate investment trust (REIT) that is focused primarily on Manhattan commercial properties. SL Green is the largest owner of office real estate in New York City and one of the largest in Westchester County. Also, the Westchester made sure the teenaged element had no where to go. WHITE PLAINS On the Tuesday before Christmas, the Galleria mall was filled with shoppers. 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. The owners of T he Galleria at White Plains are teaming up with two prominent development firms to explore mixed uses for the retail center that has been a downtown draw for the last 42 years. 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. 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.. Still, some shoppers are nostalgic about their favorite stores and the years past when the Galleria reigned supreme as central Westchester's shopping mecca. 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