Wilmorite Properties
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Real estate |
| Founded | Rochester, New York, United States (1940s) |
| Founder | Brothers James P. Wilmot and William F. Wilmot |
| Headquarters | , |
Area served | Upstate New York |
Key people | Paul J. Wilmot, president Thomas C. Wilmot, chairman |
| Services | Commercial real estate development and property management |
| Website | www.wilmorite.com |
Wilmorite Properties, Inc is a commercial real estate company based in Chili, New York, a suburb of Rochester.
James P. Wilmot founded the company in 1950[1] and since then Wilmorite has developed retail, office, hotel, and residential real estate. In 1967, Wilmorite built Greece Towne Mall, one of the first enclosed regional malls in New York State. They were one of the largest owners and managers of regional shopping malls in the United States until their acquisition by The Macerich Company in 2005.[2] Wilmorite currently owes over $20 million in backed taxes and fees to the City of Rochester resulting from a loan and tax agreement surrounding their failed development of the Sibley Building. Although most of their malls are now managed by other entities, they continue to manage the following Rochester area properties:
Former properties
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- Camillus Mall
- Charlestowne Mall
- Danbury Fair Mall
- Fairmount Fair
- Fayetteville Mall
- Freehold Raceway Mall
- Great Northern Mall
- Irondequoit Mall
- Mohawk Mall
- Penn-Can Mall
- Rotterdam Square
- Shoppingtown Mall
- Sibley Building
- Tysons Corner Center
- Westshore Mall
- Wilton Mall at Saratoga
- Park Point at RIT
References
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