Wilton Mall Apartments render of many buildings

Wilton Mall Apartments

Project location

Saratoga Springs, NY

Project phase

Community review

Photo of Wilton Mall front viewPhoto of Wilton Mall front view

Transforming Wilton Mall into a Mixed-use Community Focused Destination



The Wilton Mall ownership and Paramount Development have proposed adding new multifamily housing to the shopping center property as part of its transformation from strictly a retail facility to a more community centric mixed-use destination. The project includes 382 new luxury, market-rate rental residences, including both apartments and townhomes. The enhancement to the community will feature premium resident amenities and sophisticated design. The residential housing complements other recent mixed-use additions to the shopping center, including Healthy Living Market and Planet Fitness.
Renderings of Townhomes

Evolving the space to address community needs

Recent years have seen unprecedented changes in the retail industry, requiring shopping malls to evolve in response or risk going out of business. In July 2007, Wilton Mall backfilled the former retail space with a Grocery Store and Fitness Center; this marked the first steps towards the Mall's mixed use evolution. In 2018 Wilton Mall was hit with two anchor closings, Sears and Bon Ton. Within two years the Saratoga Hospital opened in the former Sears store. Now Wilton Mall has an opportunity to further expand upon its uses and plans to repurpose the former Bon Ton site with amenity-rich apartments and townhouses.

Project overview

The Macerich Corporation and Paramount Development have proposed adding new multifamily housing to the Wilton Mall as part of its transformation from a community retail center to a more community centric mixed-use destination. This exciting project includes 382 new luxury, rental residences, including both apartments and townhomes. The enhancement to the community will feature premium resident amenities with a sophisticated design. The residential housing complements other recent mixed-use additions to the Mall, including Healthy Living Market and Planet Fitness.

Project location

The new housing community will replace a vacant department store site, transforming the east end of the shopping mall into a welcoming, attractive, walkable neighborhood environment adjacent to unique amenities.

Development details

The renovations shall proceed across two phases of development. Phase one shall include apartments immediately adjacent to the Mall. Phase two shall include attractive 3-story townhomes in the northeast corner of the property.

The new apartment buildings are designed to maximize views of the county forest or courtyard. Both apartment buildings will have an amenity-rich Club House located in its courtyard. There will be surface parking and basement parking spaces dedicated to the residents and their guests.

Phase two will include 86 townhomes for a total combined 382 units at the Wilton Mall. The townhome project will replace an area presently known as a borrow-pit. Much of the material excavated from Phase one, for the basement and under the building parking structure, will be used as fill in this borrow-pit area. Each townhome will have its own garage space as well as surface parking.

Resident Amenities Include:

  • A gated community – A Card Key will control access and provide safety to the community, the clubhouse, the amenities and to each apartment & townhome.

  • Richly decorated and climate-controlled hallways

  • Private storage units

  • Elevators

  • Resort-style, seasonally heated pool

  • Summer kitchen and multiple grilling stations

  • EV Car charging stations

  • Children’s playground

  • Bocce ball & cornhole

  • The 24-hour clubhouse will feature: A state-of-the-art 2-story fitness center featuring a cardio mezzanine, commercial gym equipment and a yoga/spinning studio with “Fitness-on-Demand”. A resident lounge, we-work style business center, cybercafé, golf simulator, pet grooming station, wine tasting club, multimedia room, game room with Big-Screen tv, 24-hour package lockers, and an indoor bicycle storage and repair facility.

  • Unit amenities will include 9-foot ceilings, a stainless-steel, granite or quartz, premium 42” kitchen cabinets, wood flooring (tile in the bathrooms), window treatments, full sized washers and dryers, and ceiling fans in the living room and bedrooms.

  • Tenants will enjoy 1 Gb high-speed Internet throughout their homes and community’s amenity spaces.

  • The apartment buildings will have sunken garages (with elevator access to residential floors) and each townhome will have its own garage.

  • Space and market-demand allowing: A sand Volleyball court, a pickleball court, an indoor basketball court, and indoor lap (swimming) pool.

  • The community will orient (and have pedestrian connections) to the adjacent County Forest and its network of walking trails as well as to the Wilton Mall complex of services/businesses.

Next steps

The Macerich / Paramount project team has begun the review and approvals process with the Town Board and Planning Board. While currently in the initial stages, this is a great opportunity for the community to show its support, share ideas, and help shape the redevelopment of the Wilton Mall in a manner that best meets the needs of a growing community.

Spring 2025

Retail Store demolition and mall wing restoration begins

Summer 2025

Sitework begins

Fall 2025

Construction of apartments begins

Summer 2026

Apartments open to residents

Winter 2027

Townhomes open to residents

Community Benefits

Repurposing vacant property

Replaces a vacant building with a new development that improves the appearance and vitality of the area.

Attracting new amenities

Housing at the mall unlocks new amenity opportunities for the community by attracting microbreweries and other entertainment destinations that prefer to co-locate with housing developments.

Transportation

The development's traffic studies indicate the new housing will not add traffic congestion to local roads or neighborhoods around the shopping center due its location and existing roadway capacity.

Pedestrian Streetscape

The site plan includes an attractive streetscape design with comfortable sidewalks, distinctive landscaping, and new pedestrian connections to the shopping center.

Economic & Tax Benefits

This $120 million investment in Wilton will drive significant new sales and property tax revenue for Saratoga County and the Town of Wilton.

Job Creation

The project will bring new 8 permanent jobs and contracts with local services such as: a management company, landscaping, pool, valet and trash. Many temp jobs will be created during construction.

Homeownership Opportunities

Amenity rich apartments and townhouses are a low maintenance option for Empty Nesters who may no longer require the space that an entire family needs, freeing up inventory for first time home buyers.

Retail

The housing community's new residents will translate to new customers spending money at the Wilton Mall as well as surrounding retail, restaurants and entertainment facilities.

Parking

Resident parking is included within the project's footprint, reserving the shopping center's existing parking supply for shoppers.

Wilton Mall Apartments construction planWilton Mall Apartments construction plan

What's Happening Next



The project team has begun the review and approvals process with the Town Board and Planning Board. While currently in the initial stages, this is a great opportunity for the community to show support, share ideas, and help shape the final project that maximizes benefits for the shopping center's continued vitality.

Location

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