Stuyvesant Plaza Explained

Stuyvesant Plaza
Opening Date:1959
Developer:Lewis A. Swyer
Owner:The Swyer Companies
Number Of Stores:65
Number Of Anchors:0
Floor Area:240000square feet
Floors:1

Stuyvesant Plaza is an upscale shopping plaza and office complex located in the Albany suburb of Guilderland, on Western Avenue (US 20), near the south end of the Adirondack Northway. The shopping portion in its current incarnation features shops like Pottery Barn, Talbots, and White House/Black Market. The complex includes a number of high and low rise office buildings near the shopping center. The shopping plaza opened in 1959, making it the third oldest in the Capital Region, after Latham Corners Shopping Center in 1957.

Development

The plaza was built by Lewis A. Swyer and opened in 1959. Initially, it had 18 stores, was 170000square feet, and was L-shaped. By 1960, it had 35 stores and was U-shaped, as it is today. Stuyvesant Plaza is on a 28NaN parcel.

Opening

Stuyvesant Plaza opened on November 4, 1959 with ceremonies beginning at 10am.

Ownership

Stuyvesant Plaza and Executive Park office suites are owned by the Swyer Companies.

Size

As of 1987, the plaza consisted of 240000square feet.

Facelifts

By 1981, Stuyvesant Plaza as a shopping center was performing poorly. It was an average strip mall with no serious distinction. Consultants suggested the complex focus on discount retailers. However, the complex ended up focusing on small, non-chain retailers. It was predicted that this would lead to ruin for the plaza. The gamble paid off and a facelift was completed by the mid 1980s. The facelift caused the strip mall to be one of the top performers along the East Coast. By early 1987, there were 62 specialty retail stores at the plaza. By May 2015, the center had received what one source referred to as an "upscale evolution".[1]

Sources

42.685°N -73.8407°W

Notes and References

  1. News: The upscale evolution of Stuyvesant Plaza . Jordan J. . Michael . The Altamont Enterprise . May 15, 2015 . April 8, 2017 .