Wilmorite Properties
Wilmorite Properties, Inc is a commercial real estate company based in Chili, New York, a suburb of Rochester, New York.
| Industry | Real estate |
|---|---|
| Founded | 1940s |
| Founder | James P. Wilmot 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 |
A subsidiary of the company owes significant back taxes and fees to the City of Rochester resulting from a loan and tax agreement surrounding the failed development of the Sibley Building.[1]
The company manages Eastview Mall, The Mall at Greece Ridge, The Marketplace Mall, and Pittsford Plaza, all of which are in Rochester.
History edit
James P. Wilmot founded the company in the 1940s[2] and since then, Wilmorite has developed retail, office, hotel, and residential real estate.
In 1967, Wilmorite built Greece Towne Mall (now The Mall at Greece Ridge), one of the first enclosed regional malls in New York State.[3] In 1969, Wilmorite opened Long Ridge Mall and combined Greece Towne Mall and Long Ridge Mall in 1994, renaming it The Mall at Greece Ridge Center, dropping "Center" in 2006.[4]
In 2005, the majority of the assets of the company were acquired by Macerich.[5]
Notable former properties edit
- 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 edit
- ^ Busby, Chris; Oliveiri, Chad (May 14, 2003). "Big debt downtown". City Newspaper.
- ^ "History". www.wilmorite.com. Retrieved 2019-06-22.
- ^ Stone, Mary (2007-07-27). "20/20: Wilmot changed the region with move to malls". Rochester Business Journal. Retrieved 2020-12-29.
- ^ Chao, Mary. "Area malls change with the times". Democrat and Chronicle. Retrieved 2020-12-29.
- ^ Smith, Ray A. (December 24, 2004). "Macerich to Acquire Wilmorite Properties In $1.45 Billion Deal". The Wall Street Journal.
External links edit
- Official Website