The reimagining of this property is integral to the dramatic transformation of Downtown White Plains, which is well underway, says Cappelli. The pandemic has taken a further toll on small businesses, he said, but he's hopeful the economy will bounce back. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. PRCP bought the four-floor, 870,000-square-foot mall in 2016 and its Macy's attachment in 2019, the Journal News reported. Negotiations on that lease by the DMV are now being conducted, if not already completely. On December 21, 2022, it was announced that the Galleria at White Plains will be permanently closing in March 2023 to replace the mall with a mixed use site.[3]. To learn more visit www.pacificretail.com or follow on social @PacificRetail. When the Galleria first opened, it was considered the cornerstone in the urban renewal redevelopment of White Plains downtown. Josh Veloso, who shopped during lunch break, said he still prefers shopping at the old mall to shopping online. 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. 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. The reimagining of this property is integral to the dramatic transformation of Downtown White Plains that is well underway. 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 . Photos of. 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. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. 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. 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." Galleria White Plains, White Plains NY. August 29, 2022 Work to demolish the White Plains Mall got underway as August was drawing to a close, setting the stage for construction to begin of the highly anticipated Hamilton Green. Cappelli has a long history in Downtown White Plains, redeveloping the former Macys store on Mamaroneck Avenue into City Center, as well as developing multiple high-rise towers including the Ritz-Carlton Hotel and Residences, Trump Tower at City Center and the Lofts at City Center in White Plains. I dont want to criticize the people in the 70s and 80s when they were working on the Galleria, but now the merit of a city is a lively and vibrant downtown, Roach says. The Galleria Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk Stewarts Brings Back Fan-Favorite Ice Cream for Limited Time! Abraham & Straus occupied the east anchor spot until converting to Stern's in 1995 and being replaced by Macy's on July 15, 2001. The Galleria includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. Copyright 2023 Construction Industry Council Westchester & Hudson Valley Inc. | Designed by Lunasa Technologies LLC. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Peter Katz is a reporter, writer, and copy and video editor for Westfair Communications. Related: Where to Shop in Westchester for Small Business Saturday. 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, 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 Railroad. 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. Trump Park Condominium 100 Trump Park Shrub Oak, New York 10588 . 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. (A separate story will be forthcoming on the solar project.). [8] On January 5, 2021, Macy's announced as part of a strategy to focus on their highest achieving locations that they would be closing. That section of the city is devoid of street level services, and it is cold and antiseptic, Roach says. The mall includes 865,000 sq. r/deadmalls . It holds interests in 64 buildings totaling 34.4 million square feet. Sharon Bodnar Briskman 914.329.8889 Contact. No purchase price was reported. CIC and BCA are aligned organizations representing and informing businesses at the heart of the Hudson Valley construction industry. 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. 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. ft. of gross leasable area across four floors. Builder. Those buildings are getting knocked down, Roach said. They wanted to get Sears out for a while, and now Macys.. You have entered an incorrect email address! 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. 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. He said he'll go to The Westchester mall a few blocks away when the Galleria is no more. Last month, Pacific Retail Capital Partnersand Aareal Bank announced they were taking a first step toward redeveloping the property by forming a joint partnership with SL Green Realty Corp., which invests in shopping centers and office buildings in the metro region, and the Cappelli Organization, long a prominent developer in Westchester. Behind the bustling holiday shopping scene, tenants are pondering their next step: moving to another location or closing entirely. The Galleria was constructed adjacent to a large two-block-long parking garage that is connected directly to the mall at various levels. 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 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. 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. In November, PRCP announced they would be partnering with bothSL Green and The Cappelli Organizationto begin work onthe redevelopment. PRCP said in its statement that management is working with the tenants to ensure a smooth transition. I dont think anyone thinks that that garage is worth keeping. "The reimagining of this property is. 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. 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. Tenants are receiving. 3 Westchester Park Drive. Interested in learning how a business association can help grow and develop your business? [9] On December 21, 2022, PRCP announced that the Galleria at White Plains would close in March, 2023 for redevelopment.[3]. Plans to demolish White Plains Mall and replace it with apartments, retail space, parking, and other improvements have been put on hold. Original story [HERE] Macy's sells White Plains store to Galleria owner for $27 million, to remain open The Galleria is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. While site plans had not yet been filed with the City of White Plains as of our publication deadline, it appearedlikely that demolition of the existing mall and garages will be part of redeveloping the 10-acre site thats been home to The Galleria at White Plains shopping mall and city-owned Lexington-Grove East & West Garages since 1980. 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. Now, it appears that the entire mall will be closing, with tenants receiving notice of the closure, effective March 2023, to prepare for the new mixed use commercial and residential space with hopes of 'transforming the Galleria for the next generation.'. 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