629 Old White Plains Road 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. We are happy to connect them with our leasing team regarding the potential to open in one of our other properties in the region, it said. I have great customers and I take them as family, he said. 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.. Some stores are having clearance sales as they are ending operations by the end of this year. The mall includes 865,000 sq. "Our goal is to provide an opportunity for their businesses to continue. Related: Where to Shop in Westchester for Small Business Saturday. The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. 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. Both Macys and Sears shut their anchor stores at the Galleria at White Plains in the first quarter of 2021. The 870,000-square-foot mall has become a focal point in completing the reimagination of downtown. Martin Luther King Blvd. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. The plan involves the demolition of the Macys along Court Street. 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: 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. The tunnel over Martin Luther King Boulevard that runs through the Galleria will be brightened and made more appealing as well. 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. The Galleria Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk The mayor revealed that the city had been involved in serious ongoing talks regarding redevelopment of the mall site. $2,295,000 - $2,395,000. 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. Two of the chief anchorsMacys and Sears have both shuttered stores there. Photos of. 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. On Dec. 8, city and county dignitaries joined RXR . 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. The developer, who is interested in the project, claims to be committed to it. 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. On November 10, 2020, it was announced Sears would close. (A separate story will be forthcoming on the solar project.). 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. 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. International Womens Day Continues with Bevz Talks. 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.' No purchase price was reported. Keep a pulse on local food, art, and entertainment content when you join our Westchester newsletter. This project is going to take a while," Roach said. Ebo Yumus, owner of IFix & Accessorize It, said he hopes to move to another shopping center, either in White Plains or Port Chester. When the Galleria first opened, it was considered the cornerstone in the urban renewal redevelopment of White Plains downtown. 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. Related: Can Downtown White Plains Save the Galleria Mall? Save my name, email, and website in this browser for the next time I comment. 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. The company said it has more than $3 billion in retail assets currently under management. r/deadmalls . Behind the bustling holiday shopping scene, tenants are pondering their next step: moving to another location or closing entirely. The Galleria was built by Cadillac Fairview and opened in the summer of 1980. Pacific Retail announced the purchase as one of three regional malls totaling 2.8 million square feet it added to its portfolio at the time. 287 684 95 87 BOULEVARD. PRCP reports that the mall has 865,000 gross leasable square feet in its four levels with a total of 2,840 available parking spaces. 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. Youll lose that disconnect that the current mall imposes.. Strategically positioned, The Galleria attracts administrative professionals from the surrounding six million square feet of office space within walking distance. The development will consist of four residential buildings comprising 860 apartments, including approximately 90 affordable units. 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 The existing Galleria White Plains has been a community staple for many years. A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years. Posted Mon, Nov 1, 2021 at 3:12 pm ET. The Galleria is closing in March. Negotiations on that lease by the DMV are now being conducted, if not already completely. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. Singh said he has seen ups and downs in businesses over the last decade. It counts 2,840 available parking spaces. And to be real, unless you looked a certain way. RXR Realty is leading a partnership in that massive project that calls for the construction of 860 apartment units in four high-rise buildings, 84,500 square feet of specialty retail and restaurant space, including a Food and Craft Hall, 27,000 square feet of office space, and an approximately 956-space parking garage and open space. 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. 3 Westchester Park Drive. I dont think anyone thinks that that garage is worth keeping. The Galleria at White Plains address: 100 Main St, White Plains, New York - NY 10601 - 2601. They wanted those stores out. He added that the redevelopment of the Galleria comes as Cappelli entity LRC Construction works on Hamilton Greenthe estimated $600-million redevelopment of the former White Plains Mall. 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 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 think were going to turn it into something thats alive with street life, like what you see on Mamaroneck Avenue.. The Galleria has 863,715 square feet of gross leasable area. You have entered an incorrect email address! They want to do residential buildings but there would be not a mall, White Plains Mayor Tom Roach told the Business Journals. ft. of gross leasable area across four floors. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. I work hard and I know I can make it. As we close the center, we are committed to working with the tenants to assist them in making a smooth transition.". According to PRCP, the mall has 865,000 gross leasable square feet in its four levels. 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. This indoor The Galleria at White Plains, a popular Westchester County shopping mall, will be closing their doors come March 2023. The owners . 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. 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 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. 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. The existing Galleria White Plains has been a community staple for many years. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. Its. Last week, Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria, announced a joint venture partnership with Cappelli . It straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the garage. According to Pasternak, the plan to redevelop well-located Sears stores into mixed retail and housing was aimed. 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. AMAZING BUTTERFLIES EXHIBIT COMES TO LASDON. 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 redevelopment comes as our company, is beginning the redevelopment of the former White Plains Mall property into Hamilton Green, also a mixed-use project. 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." 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. Straddles two city blocks, with Martin King Jr. Boulevard running under an elevated section of the Hudson Valley industry... Over next years 10601 - 2601 Hastings-On-Hudson 172,791 of 2,840 available parking spaces the cornerstone in the project claims. Provide an opportunity for their businesses to continue scene, tenants are pondering next! A bustling center for the next time i comment announced Sears would close,! 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