Green Acres Mall hits milestone in $400M redevelopment

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A new chapter is underway at Valley Stream’s Green Acres Mall, where the center has reached its first milestone in a planned 400,000-square-foot redevelopment: the demolition of the former Sears, Sears Auto Center and adjacent parking garage structures.

Demolition began on May 19, marking the start of physical work on the site and setting the stage for major changes to come.

“This latest step is a natural progression of our long-term vision to transform Green Acres into a dynamic destination that honors its legacy while embracing the future,” Joe Floccari, the mall’s general manager said. “We remain committed to reimagining the property through thoughtful design and a diverse mix of uses, enhancing the shopping experience, strengthening community connections and delivering lasting value for years to come.”

The redevelopment is slated to move into its construction phase this summer, with a full transformation projected to continue through 2026 and wrap up in 2027. Despite the scale of the project, Green Acres will remain open throughout the process.

The revitalization effort reimagines the aging infrastructure of a mall that has been a centerpiece of Valley Stream for nearly seven decades. The plan includes major upgrades to the former Kohl’s department store space, the introduction of outward-facing storefronts, expanded open-air dining areas and a new, visually striking entrance in the northeast wing of the shopping center.

The redevelopment is a counterpoint to the widely reported “death of malls” trend across America, where many aging shopping centers face closures, vacancies or complete repurposing. Instead of downsizing or disappearing, Green Acres is reinventing itself — transforming from a traditional indoor mall into a modern, mixed-use destination that aligns with today’s consumer expectations.

“This milestone marks more than just physical progress—it reflects our commitment to making Green Acres a place where the community can truly come together,” Floccari said. “The redevelopment will introduce more welcoming, open spaces and opportunities to gather, connect and enjoy shared experiences.”

One of the redevelopment’s most anticipated features is the addition of an 80,000-square-foot ShopRite supermarket, which is expected to bring convenience and fresh food access to the surrounding community. Additionally, Green Acres has secured leases with several popular national food chains, Cheesecake Factory, Panda Express, Shake Shack and Dave’s Hot Chicken, all of which will be joining the mall following the completion of construction.

The development is also expected to generate new jobs and economic activity in the region, reinforcing Green Acres’ role as a vital commercial and social hub for Valley Stream, Nassau County and bordering areas of Queens. The commitment to maintaining uninterrupted operations during construction is an example of the center’s importance to both residents and businesses.

“For nearly seven decades, this mall has been a part of Valley Stream’s story and has played a key role in the memories of our locals,” Assemblywoman Michaelle Solages said. “We are excited for this new chapter as it will transform this historic property into a dynamic, mixed-use destination that honors its legacy while delivering new opportunities for residents, businesses and visitors alike.”

Owned and operated by Macerich, a real estate investment trust with a strong track record of community-focused retail developments, Green Acres is one of four Macerich properties in New York. Since acquiring the mall in 2013, the company has invested steadily in its evolution, including the 2016 opening of Green Acres Commons, a power center adjacent to the main mall that houses national retailers like Ulta, DICK’S Sporting Goods and 24 Hour Fitness.

Strategically located on the border of Nassau County and Queens with easy access from Sunrise Highway and multiple public transit lines, Green Acres is positioned to remain a cornerstone of the region’s commercial landscape for years to come.

For more on the redevelopment and updates as the project progresses, visit