SL Green, Cappelli, PRCP pitch White Plains mall redevelopment.

Tri-state’s largest shopping conversion to deliver more than 3K apartments

The companies behind one of the largest mall redevelopments in the tri-state area are making moves to bring thousands of apartments to Westchester County.

Pacific Retail Capital Partners, the Cappelli Organization and SL Green Realty filed a rezoning request for its multi-billion redevelopment of The Galleria in White Plains, Pacific Retail announced Thursday. The development group — which also includes Aareal Bank — presented a plan to the White Plains Common Council.

Pacific Retail bought the four-floor, 870,000-square-foot property in 2016, adding the Macy’s attachment to its holdings three years later. The four companies joined forces on the project a year ago, looking to transform the 10-acre shopping mall site.

The mall at 100 Main Street closed its doors at the end of March after 43 years in operation. Retail tenants included American Eagle, Foot Locker, Forever 21 and H&M.

Read More…