Colonie Center

Colonie Center is a shopping mall located in Roessleville, New York, a suburb of 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 two-story mall has an area of 1,340,610 square feet (124,547 m2) and 110 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.[3] In April 2013, Heitman sold the mall to KKR & Co. L.P., partnered with Colonie Pacific.[4]

Colonie Center
LocationRoessleville, New York, United States
Coordinates42°42′36″N 73°48′58″W
Opening dateNovember 1, 1966[1]
DeveloperHomart Development Company
OwnerKKR & Co. L.P.
Colonie Pacific
No. of stores and services110
No. of anchor tenants6
Total retail floor area1,340,610 sq ft (124,547 m2)[2]
No. of floors2 (3 in Boscov's, Macy's, and Regal Cinemas)
Public transit accessBus transport CDTA bus: 1, 117, 125, 190, 355, 905
Websiteshopatcoloniecenter.com

Colonie Center's anchors are Boscov's, Christmas Tree Shops, Macy's, Regal Cinemas, and Whole Foods Market. L.L. Bean, Barnes and Noble, and H&M operate as junior anchors. Previous anchors include Steinbach and Sears.

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Colonie Center, into Seritage Growth Properties.[5] Portions of the former auto center became BJ's Restaurants and Ethan Allen. Sears closed on September 17, 2017 and remains vacant as of 2022.

On October 5, 2020, Cineworld announced it would close all Regal, Cineworld, and Picturehouse Cinemas locations in the US, UK, and Ireland indefinitely due to the COVID-19 pandemic, beginning October 8 and reopening April 23, 2021.

References

  1. "Grand Opening Set For Colonie Center". Schenectady Gazette. October 31, 1966. Retrieved March 11, 2010.
  2. "Colonie Center – Pacific Retail Capital Partners". Retrieved 2022-12-23.
  3. "Feldman sells stake in Colonie Center for $4.1M". June 4, 2009.
  4. DeMasi, Michael (April 9, 2013). "Colonie Center sold to KKR global real estate investment firm". Albany Business Review. Retrieved October 30, 2013.
  5. "At Colonie Center | Seritage". seritage.com.
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