Business & Tech
Green Acres Mall Moves Forward With $100 Million Renovations: IDA
The project includes 370,000 square feet of new development in the northeast section of the mall.

VALLEY STREAM, NY — Green Acres Mall is moving forward with a new construction project. The $100 million mall renovation will boost employment in the shopping center, the Town of Hempstead Industrial Development Agency said.
The project includes 370,000 square feet of new development in the northeast section of the mall.
“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,” Green Acres general manager Joe Floccari said in a corporate statement.
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Construction is expected to be completed in 2027. The mall will be open during construction.
The IDA has consented to new leases that will bring in new restaurants, a supermarket, an entertainment venue and an activity space that will include bowling, an arcade, and various new retailers.
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The mall’s total employment count in 2024 was 2,472, and 2,537 in 2023. The IDA extension granted in 2024 requires the mall to employ 2,400.
“These new retailers and restaurants will bring diversity to the retail and restaurant offerings available at Green Aces and many new jobs,” said Fred Parola, the IDA’s CEO and executive director. “These are all solid additions to the Green Acres Mall that will contribute to the long-term success of the shopping center.”
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