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The Source at White Plains is a 262,031 square foot mixed-use retail center spanning four floors in the heart of White Plains Central Business District, New York. Developed in 2003 and recently renovated, it features strong anchors including Whole Foods Market, Dick's Sporting Goods, Raymour & Flanigan Furniture, and The Cheesecake Factory, alongside office tenants like Danone U.S. headquarters and the Hudson Gateway Association of Realtors.
Positioned adjacent to The Westchester, an upscale mall with Nordstrom and Neiman Marcus, it benefits from spillover traffic while targeting everyday premium retail. The property achieves 99% occupancy, reflecting robust demand in Westchester County's affluent market.
Accessibility is enhanced by proximity to I-287 off-ramps, with daily traffic counts of 17,200 vehicles on Maple Avenue and 20,000 on Bloomingdale Road. The catchment area within five miles includes a population of 218,560 with average household income exceeding $200,000, 59% holding bachelor's degrees or higher, and a median age of 42, driven by professional commuters to NYC. White Plains has seen residential growth with over 7,000 housing units added recently, boosting local footfall.
Leasing advantages include stable anchor renewals, such as 10-year commitments from Whole Foods and Dick's, and a BREEAM-certified sustainable environment. However, retailers should note competition from nearby luxury options and potential parking constraints in a dense urban setting.
Overall, the center supports mid-tier premium formats amid low regional retail vacancy rates below 5% and average asking rents around $50 per square foot in the NY metro area.
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographic Profile and Catchment
The primary trade area within five miles encompasses 218,560 residents with an average household income of $200,570 and 59% college-educated adults, median age 42. This affluent, professional demographic, including commuters to Manhattan, favors quality-oriented retail. Workplace population of 167,409 adds daytime traffic, supporting food and convenience categories. Growth in housing units—over 7,000 recently—enhances residential draw, but saturation in high-income segments may limit expansion for non-essential goods.
Competitive Landscape and Tenant Mix
Adjacent to The Westchester's 125 upscale stores, The Source positions as a complementary everyday premium destination with anchors driving consistent footfall. Current mix emphasizes grocery, sporting goods, furniture, and casual dining, achieving 99% occupancy. However, proximity to luxury competitors could challenge mid-market fashion tenants, while office integration boosts weekday traffic. Regional retail vacancy remains low at under 5%, with rising asks signaling strong demand, though differentiation from nearby big-box options is key.
Accessibility and Operational Factors
High visibility from I-287 and local roads yields 37,200 combined daily vehicle passes, facilitating strong accessibility without subway reliance. Four-story garage aids parking, but urban density may cause peak-hour congestion. Recent anchor lease renewals indicate operational stability, yet aging infrastructure from 2003 build requires monitoring maintenance costs. Sustainability features like BREEAM certification appeal to eco-conscious brands, while White Plains' revitalization—new apartments and workspaces—supports long-term performance amid 2-3% annual rent growth.
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White Plains, NY
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City Snapshot
White Plains, NY
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