He envisions a new space that would include a lot of room for people to walk and facilitate more outdoor activities. Strategically positioned, The Galleria attracts administrative professionals from the surrounding six million square feet of office space within walking distance. Middletown, NY Schools Locking Students Cell Phones in Pouches, Controversial Creator of Dilbert Grew Up in The Hudson Valley. Tarrytown NY 10591. PRCP said in its statement that management is working with the tenants to ensure a smooth transition. 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 (32km) north of New York City. Pleasantville 149,128 Chappaqua . 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., Office address: 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 has 863,715 square feet of gross leasable area. The first phase of the redevelopment is expected to be completed by the end of 2020. The mall includes 865,000 sq. I think were going to turn it into something thats alive with street life, like what you see on Mamaroneck Avenue.. CTRL + SPACE for auto-complete. Ebo Yumus, owner of IFix & Accessorize It, said he hopes to move to another shopping center, either in White Plains or Port Chester. 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. NEW YORK | 2-20 + 2-21 Malt Drive (Hunters Point South) | 440 FT + 390 FT + 310 FT | 38 + 33 + 25 FLOORS I cant get into who else is involved, but there are big investors who will put substantial money into this project.. SPG has a portfolio of more than 200 properties, including some of the most iconic shopping destinations in the country. When the Galleria first opened, it was considered the cornerstone in the urban renewal redevelopment of White Plains downtown. 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. 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 . They wanted those stores out. 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 Galleria includes prime retailers like H&M, Forever 21, Foot Locker, American Eagle and The Halal Guys. 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." High-rise residential towers have already drawn thousands of new residents to this rapidly evolving area. Those buildings are getting knocked down, Roach said. [6], Interior shots of the mall were used in the 2018 film Eighth Grade as well as the 2022 film Somewhere in Queens.[7]. Taj Singh, owner of Luggage n More, said he will start looking at a new location after Christmas. Only one fountain was still on :( The Galleria at White Plains, White Plains NY. 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. 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 Hamilton Green project will be built in phases. Josh Veloso, who shopped during lunch break, said he still prefers shopping at the old mall to shopping online. Read the latest issue of Westchester magazine for FREE! Pacific Retail Capital Partners is headquartered in El Segundo, CA, and Aareal Bank is based in Wiesbaden, Germany. The Galleria mall, often referred to as a blight to downtown White Plains, appears to be on the verge of receiving a long-needed makeover. Read the latest issue of Westchester magazine for FREE! the westchester mall is high end. Macys sold its White Plains store to Pacific Retail Capital in 2019 for $27 million, according to the Journal News. Were struggling, but I have confidence and experience. Its. Plenge said that they anticipate closing a portion of the Galleria early next year to begin the redevelopment. 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. Most of the anchor s. WHITE PLAINS On the Tuesday before Christmas, the Galleria mall was filled with shoppers. The company said it has more than $3 billion in retail assets currently under management. The Galleria is conveniently located at the intersection of Main Street and Dr. Martin Luther King Boulevard . That section of the city is devoid of street level services, and it is cold and antiseptic, Roach says. 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. Not many shoppers realized, though, this would be the last holiday shopping season at the mall. The likelihood is that the garage would be removed but we would require as part of any kind of deal thats done here that the parking spaces currently being used will be available in the new parking that was requited for a new project, Roach said. 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. Store employees were busy helping with last-minute gifts and the food court was typically crowded. He said that as owner of the municipal garage adjacent to the mall, the city has a distinct interest in the property. 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. 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. He has been a longtime critic of the stark exterior of the existing mall. The Galleria is owned by Pacific Retail Capital Partners (PRCP) based in El Segundo, California. On Dec. 8, city and county dignitaries joined RXR . 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. Greenwich in $5M settlement with family of bullied boy who committed New bill would prohibit radioactive wastewater discharges into New Yorks waterways. 287 684 95 87 BOULEVARD. 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. Roach emphasized that the malls owners are well capitalized and the project would represent a very large expenditure. Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria at White Plains, took a major step in securing the future success of downtown White Plains, New York, today forming a new joint venture partnership with two of the most prominent players in the White Plains and NYC Metro real estate market: SL Green Realty Corp. and the Cappelli Organization. Related: Can Downtown White Plains Save the Galleria Mall? The Galleria moved from the It spot in White Plains to the "ghetto" mall. The City of White Plains owns the adjacent 2,800-car parking garage. International Womens Day Continues with Bevz Talks. The Galleria at White Plains, a popular Westchester County shopping mall, will be closing their doors come March 2023. I dont think anyone thinks that that garage is worth keeping. 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. 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. tear down white plains mall and put a park Its going to probably be the biggest development project that the citys going to see. Photos of 2022: Moving on, post-pandemic, through grief and determination, Teen's healthcare app: Help Latinos access health care providers, Top eats of 2022: Lohud's best dishes include Johnny cakes, short ribs. The reimagining of this property is integral to the dramatic transformation of downtown White Plains that is well underway. Last week, Pacific Retail Capital Partners (PRCP) and Aareal Bank, owner of The Galleria, announced a joint venture partnership with Cappelli . 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. Pacific Retail Capital Partners of El Segundo, CA acquired the Galleria at White Plains from Simon Property Group in September 2016. 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. General concepts previously were floated to reposition the Galleria as more of an entertainment destination, but that did not take place. The Galleria Bronx River Parkway West Post Road Maple Avenue N 287 W E S Scarsdale Larchmont Mamaroneck Greenwich Rye Harrison Purchase Chappaqua Armonk 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. Documenting, discussing, and supporting new development. It declined to make further comment, citing that plans are still evolving. 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