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A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. 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 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. Galleria White Plains, New York: Pacific Retail Capital Partners (PRCP) The mall has 865,000 gross leasable SF in its four levels. Pacific Retail Capital Partners is headquartered in El Segundo, CA, and Aareal Bank is based in Wiesbaden, Germany. 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. 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. When the Galleria first opened, it was considered the cornerstone in the urban renewal redevelopment of White Plains downtown. [6], Interior shots of the mall were used in the 2018 film Eighth Grade as well as the 2022 film Somewhere in Queens.[7]. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. 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 City of White Plains owns the adjacent 2,800-car parking garage. Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. 2 (Rockville, Maryland) . He followed this with the 46-story Ritz-Carlton towers that remade the citys skyline. Link: https://westchestermagazine.com/life-style/business/white-plains-galleria-redevelopment/ Related: Can Downtown White Plains Save the Galleria Mall? The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. 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 Cappelli Organization has completed more than 25 million square feet of development valued at more than $10 billion. Infrastructure Jobs Are in High Demand Across Westchester, Riverkeeper President Tracy Brown Works to Clean the Hudson. Share your opinion with users and insert mall rating and reviews for The Galleria at White Plains. Some stores are having clearance sales as they are ending operations by the end of this year. Martin Luther King Blvd. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. It holds interests in 64 buildings totaling 34.4 million square feet. $2,295,000 - $2,395,000. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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. Its going to probably be the biggest development project that the citys going to see. 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 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. The owners . I have great customers and I take them as family, he said. 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. I think were going to turn it into something thats alive with street life, like what you see on Mamaroneck Avenue.. 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. Some tenants moved out of the mall after the closing of anchor stores like Sears and Macys. The area is enjoying a renaissance, which over the last decade has seen a near complete transformation. Referring to the great wall of the Galleria, Roach says the rehabilitation of the downtown area including and surrounding the mall was one of his first goals as mayor. You have entered an incorrect email address! 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. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. Your California Privacy Rights / Privacy Policy. 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. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. 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. Documenting, discussing, and supporting new development. 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.. "Theres a lot going on there.. REDEVELOPMENT IN . 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. 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. 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. Closing for redevelopment on March 1st. The company said it has more than $3 billion in retail assets currently under management. The Galleria at White Plains address: 100 Main St, White Plains, New York - NY 10601 - 2601. The Hamilton Green project will be built in phases. To learn more visit www.pacificretail.com or follow on social @PacificRetail. 3 Westchester Park Drive. The first phase of the redevelopment is expected to be completed by the end of 2020. 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. runs directly underneath the mall. Both Macys and Sears shut their anchor stores at the Galleria at White Plains in the first quarter of 2021. 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. 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. White Plains NY - November, 2021- White Plains law firm McCullough, Goldberger & Staudt, LLP has been integral in helping obtain . Photos of. 3 min read. 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 a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. 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. tear down white plains mall and put a park The two new partners bring extensive local multi-family and office experience to the partnership. 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: (A separate story will be forthcoming on the solar project.). General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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. 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 . 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. 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.. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe 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, Cappelli stated. 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 was built by Cadillac Fairview and opened in the summer of 1980. Copyright 2023 Construction Industry Council Westchester & Hudson Valley Inc. | Designed by Lunasa Technologies LLC. Pleasantville 149,128 Chappaqua . General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. 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. 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. Youll lose that disconnect that the current mall imposes.. Cappelli is credited with jumpstarting the renaissance of downtown White Plains with its City Center retail and residential project. Read the latest issue of Westchester magazine for FREE! 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. Those buildings are getting knocked down, Roach said. 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. 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. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. Previous anchors at the Galleria included Abraham & Straus and JCPenney. [9] On December 21, 2022, PRCP announced that the Galleria at White Plains would close in March, 2023 for redevelopment.[3]. 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. During the holiday season, the mall's promotional slogan was "We bring more good things to Christmas. The conceptual development plan and site plan have already been approved, though the developers are. Tenants are receiving. SL Green is the largest owner of office real estate in New York City and one of the largest in Westchester County. I work hard and I know I can make it. 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 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. 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. 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. 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. SL Green Realty Corp. is a real estate investment trust (REIT) that is focused primarily on Manhattan commercial properties. Most of the anchor s. It counts 2,840 available parking spaces. "[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. Photos of. 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 . The Galleria at White Plains is an important property in Westchester County and the region. 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. I dont think anyone thinks that that garage is worth keeping. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. White Plains 116,768 Larchmont 293,010 Tarrytown 133,540 Rye 269,433 Scarsdale 363,713 Irvington 208,052 Hastings-On-Hudson 172,791. 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. 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..
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