It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. 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. The Galleria at White Plains is an important property in Westchester County and the region. 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 opened in 1980. Two of the chief anchorsMacys and Sears have both shuttered stores there. The area is enjoying a renaissance, which over the last decade has seen a near complete transformation. As we close the center, we are committed to working with the tenants to assist them in making a smooth transition.". During the 1990s remodel, the waterfall and stage in the center court were replaced with two miniature fountains between the escalators. Higher Rates Cause Mortgage Volume to Drop Nearly 6%, NY State Expands Fair Housing Testing to Combat Housing Discrimination, Westchester Launches Business FIRST Downtown Improvement Grant Program, U.S. Consumer Confidence Fell Sharply in February. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. 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. This dead mall is set to close in March and to be converted into a mix use site. 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 company said it has more than $3 billion in retail assets currently under management. tear down white plains mall and put a park 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 Galleria at White Plains address: 100 Main St, White Plains, New York - NY 10601 - 2601. It declined to make further comment, citing that plans are still evolving. He envisions a new space that would include a lot of room for people to walk and facilitate more outdoor activities. In a conversation with the Business Journal Wednesday, Roach described whats taking shape as what could be the biggest development project for the city. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. It's long been said that the mall, a giant block of a building, restricts downtown movement for pedestrians. During the holiday season, the mall's promotional slogan was "We bring more good things to Christmas. Only one fountain was still on :( The Galleria at White Plains, White Plains NY. Builder. Abraham & Straus occupied the east anchor spot until converting to Stern's in 1995 and being replaced by Macy's on July 15, 2001. Last week, Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria, announced a joint venture partnership with Cappelli . The municipal garages next to the Galleria have 2,792 parking spaces. The $650 million redevelopment two. The new store will be better than this one.". 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.. Several storefronts are already vacant. 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. International Womens Day Continues with Bevz Talks. 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.. 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 includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. Link: https://westchestermagazine.com/life-style/business/white-plains-galleria-redevelopment/ Youre going to be looking at residential with some retail and well see what they come to us with but what I would anticipate is that its going to be something that would permit people to walk though the site, Roach said. 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. 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. So, thats a positive. Cappelli is credited with jumpstarting the renaissance of downtown White Plains with its City Center retail and residential project. 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. Pacific Retail Capital Partners is headquartered in El Segundo, CA and Aareal Bank is based in Wiesbaden, Germany. 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 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. Josh Veloso, who shopped during lunch break, said he still prefers shopping at the old mall to shopping online. Tarrytown NY 10591. Its going to be opened up, so youll be able to walk through it. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. He has been a longtime critic of the stark exterior of the existing mall. 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. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. 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. SPG has a portfolio of more than 200 properties, including some of the most iconic shopping destinations in the country. Can Downtown White Plains Save the Galleria Mall? No purchase price was reported. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. Closing for redevelopment on March 1st. 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 mall for what was being referred to as a 'massive mixed-use project. It counts 2,840 available parking spaces. 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. It counts 2,840 available parking spaces. 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. 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. They wanted those stores out. International Womens Day Continues with Bevz Talks. 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 Hamilton Green project will be built in phases. Posted Mon, Nov 1, 2021 at 3:12 pm ET. Documenting, discussing, and supporting new development. PCRP purchased the Galleria at White Plains for an estimated $120 million. More recently, in early November, another update was posted on the mall website discussing a new masterplan and design intending to 'build upon the remarkable renaissance under way in Downtown White Plains.' They wanted to get Sears out for a while, and now Macys.. With our experienced real estate partners, the new masterplan and design will build upon the remarkable renaissance under way in Downtown White Plains, Plenge said. 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. Previous anchors at the Galleria included Abraham & Straus and JCPenney. The first phase of the redevelopment is expected to be completed by the end of 2020. PCRP purchased the Galleria at White Plains for an estimated $120 million. the galleria served a nice middle ground. Previous anchors at the Galleria included Abraham & Straus and JCPenney. 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. 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. 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 . 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