The Galleria moved from the It spot in White Plains to the "ghetto" mall. 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 . It's long been said that the mall, a giant block of a building, restricts downtown movement for pedestrians. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. 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. 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. 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. 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. PRCP said in its statement that management is working with the tenants to ensure a smooth transition. The existing Galleria White Plains has been a community staple for many years. Plenge said that they anticipate closing a portion of the Galleria early next year to begin the redevelopment. 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 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 mall includes 865,000 sq. 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 . 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. Save my name, email, and website in this browser for the next time I comment. Can Downtown White Plains Save the Galleria Mall? Read the latest issue of Westchester magazine for FREE! The Galleria Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk 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. 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. 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. Demolition at the existing site has already begun, with plans to be completed by December 2022 and occupancy beginning in spring of 2023. 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.. 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. 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. Interested in learning how a business association can help grow and develop your business? 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. 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. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. ', 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.' 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. The newly created area will be used as outdoor space, including dining possibilities. 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. The City of White Plains owns the adjacent 2,800-car parking garage. 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. Infrastructure Jobs Are in High Demand Across Westchester, Riverkeeper President Tracy Brown Works to Clean the Hudson. The conceptual development plan and site plan have already been approved, though the developers are. 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. 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. According to Pasternak, the plan to redevelop well-located Sears stores into mixed retail and housing was aimed. [4] The west anchor JCPenney closed on April 28, 2001, and was left vacant until September 2003 when Sears moved in. The first phase of the redevelopment is expected to be completed by the end of 2020. 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. Remember When This SUNY New Paltz Grad Went Missing in Maryland? 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. "Our goal is to provide an opportunity for their businesses to continue. 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. The Galleria at White Plains, a popular Westchester County shopping mall, will be closing their doors come March 2023. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. The Galleria at White Plains is an important property in Westchester County and the region. Those buildings are getting knocked down, Roach said. 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. Copyright Westfair Business Publications, White Plains Galleria and municipal garages likely to be demolished. 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. 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. with this mall closing and many other businesses leaving, people now have to go all the way to yonkers or new rochelle to shop. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. Galleria White Plains, White Plains NY. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. Negotiations on that lease by the DMV are now being conducted, if not already completely. Others hope for a final revenue boost over the holiday season and will start looking at new locations afterward. the galleria served a nice middle ground. The Galleria at White Plains opened in 1980. We understand the difficulty posed by transitioning," the statement said. He envisions a new space that would include a lot of room for people to walk and facilitate more outdoor activities. 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.. White Flint Mall Pt. The Galleria includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. 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. 287 684 95 87 BOULEVARD. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. 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 company said it has more than $3 billion in retail assets currently under management. I cant get into who else is involved, but there are big investors who will put substantial money into this project.. The $650 million redevelopment two. 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. Tav1 Development. No financial terms of the joint venture partnership were released. (Pics Taken 2/24/23) comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like . In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. Built by Cadillac Fairview, a Canadian developer, the 900,000-square-foot (84,000m2), four-level mall is located on two large city blocks of former urban renewal land. The new store will be better than this one.". 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 two new partners bring extensive local multi-family and office experience to the partnership. They wanted to get Sears out for a while, and now Macys.. 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. Its. However the developer of that White Plains Mall . The Galleria at White Plains is an important property in Westchester County and the region. REDEVELOPMENT IN . Original story [HERE] Macy's sells White Plains store to Galleria owner for $27 million, to remain open This is one of the most exciting mixed-use development sites in the New York Metro Area, said Steve Plenge, CEO of PRCP. Roach said that creating a pedestrian-friendly environment would be an important part of what he wants to see in a redevelopment plan. Documenting, discussing, and supporting new development. 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. ft. of gross leasable area across four floors. 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." Last week, Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria, announced a joint venture partnership with Cappelli . 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. In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. 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. 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. WHITE PLAINS Four multifamily buildings totaling 860 rental apartments, including 78 affordable units, will rise at the former White Plains Mall site. Please check back with https://www.realestateindepth.com for further updates. The area is enjoying a renaissance, which over the last decade has seen a near complete transformation. 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. "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 . Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. The municipal garages next to the Galleria have 2,792 parking spaces. Those buildings are getting knocked down, roach said that they anticipate a. 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