The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. 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. Some tenants moved out of the mall after the closing of anchor stores like Sears and Macys. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. Its going to probably be the biggest development project that the citys going to see. The Galleria at White Plains is an important property in Westchester County and the region. He envisions a new space that would include a lot of room for people to walk and facilitate more outdoor activities. Also, the Westchester made sure the teenaged element had no where to go. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. [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. 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. International Womens Day Continues with Bevz Talks. 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. White Flint Mall Pt. the galleria served a nice middle ground. The Galleria opened in 1980 at 100 Main Street in White Plains. 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 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 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. Macys had anchored the mall at the east end in 328,599 square feet of space. White Plains NY. The property, including its parking. 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. 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. 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. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. 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. Builder. Trump Park Condominium 100 Trump Park Shrub Oak, New York 10588 . the westchester mall is high end. The Galleria has 863,715 square feet of gross leasable area. They wanted to get Sears out for a while, and now Macys.. This project is going to take a while," Roach said. 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." I dont think anyone thinks that that garage is worth keeping. 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.. 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. This dead mall is set to close in March and to be converted into a mix use site. High-rise residential towers have already drawn thousands of new residents to this rapidly evolving area. 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. Pacific Retail Capital Partners is headquartered in El Segundo, CA and Aareal Bank is based in Wiesbaden, Germany. with this mall closing and many other businesses leaving, people now have to go all the way to yonkers or new rochelle to shop. And to be real, unless you looked a certain way. 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.. 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.. Two of the chief anchorsMacys and Sears have both shuttered stores there. In 2020, the ownership of the White Plains Mall secured $17.5 million in sales tax and mortgage recording tax exemptions from the Westchester County IDA. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. According to Pasternak, the plan to redevelop well-located Sears stores into mixed retail and housing was aimed. 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 . 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. Galleria White Plains, New York: Pacific Retail Capital Partners (PRCP) The mall has 865,000 gross leasable SF in its four levels. Roach said that creating a pedestrian-friendly environment would be an important part of what he wants to see in a redevelopment plan. 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 new store will be better than this one.". Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. 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 $650 million redevelopment two. They want to do residential buildings but there would be not a mall, White Plains Mayor Tom Roach told the Business Journals. Youll lose that disconnect that the current mall imposes.. Your California Privacy Rights / Privacy Policy. The Cappelli Organization has been the catalyst for the rebirth of the White Plains downtown and involved with numerous residential, office and retail development projects in greater Westchester County. Copyright Westfair Business Publications, White Plains Galleria may soon be making way for major development project, AMAZING BUTTERFLIES EXHIBIT COMES TO LASDON. Infrastructure Jobs Are in High Demand Across Westchester, Riverkeeper President Tracy Brown Works to Clean the Hudson. 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. Share your opinion with users and insert mall rating and reviews for The Galleria at White Plains. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. He followed this with the 46-story Ritz-Carlton towers that remade the citys skyline. Can Downtown White Plains Save the Galleria Mall? 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. During the holiday season, the mall's promotional slogan was "We bring more good things to Christmas. 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. 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. 3 Westchester Park Drive. 629 Old White Plains Road Josh Veloso, who shopped during lunch break, said he still prefers shopping at the old mall to shopping online. We understand the difficulty posed by transitioning," the statement said. NEW YORK | 2-20 + 2-21 Malt Drive (Hunters Point South) | 440 FT + 390 FT + 310 FT | 38 + 33 + 25 FLOORS 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. 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 . 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. Ebo Yumus, owner of IFix & Accessorize It, said he hopes to move to another shopping center, either in White Plains or Port Chester. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. 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. They wanted those stores out. 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.. Previous anchors at the Galleria included Abraham & Straus and JCPenney. It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. The City of White Plains owns the adjacent 2,800-car parking garage. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. It counts 2,840 available parking spaces. The 870,000-square-foot mall has become a focal point in completing the reimagination of downtown. SL Green is the largest owner of office real estate in New York City and one of the largest in Westchester County. White Plains, New York 10601 Nancy Kennedy 914.271.5500 Contact. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. So, thats a positive. Built in 1980 by Canadian developer Cadillac Fairview, the mall currently rises four stories and features approximately 865,000 square feet of retail space. If you didn't have money, you hung out there. [6], Interior shots of the mall were used in the 2018 film Eighth Grade as well as the 2022 film Somewhere in Queens.[7]. 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. Content when you join our Westchester newsletter galleria white plains redevelopment to LASDON this dead is. 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