Colonie Center

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Colonie Center
Colonie Center.jpg
Location Colonie, New York
Opening date November 1, 1966[1]
Developer Homart Development Company
Owner KKR & Co. L.P.
Colonie Pacific
No. of stores and services 120
No. of anchor tenants 7
Total retail floor area 1,300,000 sq ft (120,000 m2)
No. of floors 2 (main mall), Macy's has 3 floors, and a third-floor movie theater opened in May 2008.
Website http://www.shopatcoloniecenter.com/

Colonie Center is a shopping mall located in Colonie, just outside Albany, at the intersection of Central Avenue, Wolf Road, and Interstate 87. Opening in 1966, it was the first enclosed shopping mall in New York's Capital Region. The mall has successfully updated its tenant mix, image, and look on an ongoing basis to keep up with the times, as can be seen from the list of stores on the mall's website. The two-story mall has an area of about 1,300,000 square feet (120,000 m2) and contains approximately 120 stores as well as a food court. Colonie Center was owned by Feldman Mall Properties until 2009, when it was sold to Heitman Value Partners.[2] In April 2013, Heitman sold the mall to KKR & Co. L.P., partnered with Colonie Pacific.[3]

While the mall found itself in danger of possibly becoming a dead mall in the 1990s after the opening of rival mall Crossgates and then its expansion in 1994, vacant space never reached critical levels. However, the opening of Boscov's and Christmas Tree Shops in 1998 rejuvenated the mall, and the 2007 redesign increased traffic even further to the point where it rivals Crossgates Mall.

According to a local newspaper article, at the time the 2007 expansion was announced, the mall was at 73% occupancy. Since the expansion, occupancy has generally continued to increase.

On October 15, 2014, Nordstrom Rack announced it would build a two story 34,700 sq. ft store to open in the fall of 2015

Retailers[edit]

Anchors[edit]

Colonie Center (opened 1991; 300,000 sq ft (28,000 m2)).[4] Replaced an older 1966 store 180,000 sq ft (17,000 m2), now mall space.

Former anchors[edit]

  • Flah's (Later became Herman's World of Sporting Goods)
  • Herman's World of Sporting Goods (now Christmas Tree Shops)
  • Macy's (Opened 1966, replaced 1990s; 180,000 sq ft (17,000 m2).)
  • Steinbach - (opened 1992, closed August 1995, now Boscov's; originally 80,000 sq ft)

Dining[edit]

See also[edit]

References[edit]

External links[edit]

Coordinates: 42°42′36″N 73°48′58″W / 42.71000°N 73.81611°W / 42.71000; -73.81611