Colonie Center
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| Location | Roessleville, New York,United States |
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| Coordinates | 42°42′36″N73°48′58″W/ 42.71000°N 73.81611°W |
| Opening date | November 1, 1966[1] |
| Developer | Homart Development Company |
| Owner | Colonie Pacific |
| No. of stores and services | 110 |
| No. ofanchor tenants | 6 |
| Total retail floor area | 1,340,610 sq ft (124,547 m2)[2] |
| No. of floors | 2 (3 in Boscov's, Macy's, and Regal Cinemas) |
| Public transit access |  CDTAbus: 1, 117, 125, 190, 355, 905 |
| Website | shopatcoloniecenter |
Colonie Centeris ashopping malllocated inRoessleville, New York,a suburb ofAlbany,at the intersection ofCentral Avenue,Wolf Road,andInterstate 87.Opening in 1966, it was the first enclosed shopping mall inNew York'sCapital Region.The two-story mall has an area of 1,340,610 square feet (124,547 m2) and 110 stores as well as afood court.In April 2013, the shopping center was sold toKKRin partnership with Colonie Pacific.[3][4]On July 9, 2021, KKR sold its stake.[5]
The mall features the traditional retailersMacy's,Boscov's,L.L. Bean,Barnes & Noble,Whole Foods Market,in addition to a 13-screen, stadium-seating,Regal Cinemas & RPX.Previously, the mall housed aChristmas Tree Shops,which closed in 2023.
By 2019, the original Sears auto center had been reconstructed for bothBJ's RestaurantsandEthan Allen.[6]In August 2017, Sears announced it would shutter as part of an ongoing decision to eliminate its traditional brick-and-mortar format. A number of potential replacement tenants have reportedly been in the midst of early on discussions with property owner and developmental arm Seritage Growth Properties. According the recent rumours, there have been reports of a Crate & Barrel or Saks OFF 5th, filling in for CTS (Christmas Tree Shops)[7]
On June 29, 2023, it was announced Christmas Tree Shops would be shuttering after finding itself unable to satisfy their long-term established debt due to ongoing supply chain shortages.[8]
On July 5, 2023 it was announced thatSierraandFloor & Decorwould both be dividing and reconstructing the space which originally had been Sears.[7]
References
[edit]- ^"Grand Opening Set For Colonie Center".Schenectady Gazette.October 31, 1966.RetrievedMarch 11,2010.
- ^"Colonie Center – Pacific Retail Capital Partners".Retrieved2022-12-23.
- ^DeMasi, Michael (April 9, 2013)."Colonie Center sold to KKR global real estate investment firm".Albany Business Review.RetrievedOctober 30,2013.
- ^"Feldman sells stake in Colonie Center for $4.1M".June 4, 2009.
- ^DeMasi, Mike."Colonie Center co-owner sells its share in shopping mall".Albany Business Review.RetrievedJuly 7,2024.
- ^"At Colonie Center | Seritage".seritage.
- ^ab"Outdoor retailer Sierra, not REI, to open in Colonie Center".Retrieved2023-08-02.
- ^"Christmas Tree Shops to liquidate all stores".Wall Street Journal.June 29, 2023.RetrievedJune 30,2023.
External links
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