$1 Billion of Economic Development in Yonkers

/in , /by

 

 

$1 Billion of Economic Development in Yonkers

 

Larkin Plaza | $200 Million

 

Located just steps away from the Yonkers Metro North station and directly across from the award-winning daylighted Saw Mill River Park, RXR Realty & Rising Development will build 25-story and 17-story residential unit towers and 40,000-square-feet of ground-level retail and restaurant space.

 

Teutonia Buena Vista | $149 Million

 

Located at the site of the former Teutonia Hall, an 18th Century German Opera Hall in Downtown Yonkers, Metro Partners, whose other Yonkers projects include the successful 66 Main and Trolley Barn developments, will build a 360-unit, 24-story residential tower on Buena Vista Avenue.

 

Fed Ex | $121 Million

 

Fed Ex is relocating from the Bronx to Yonkers. Demolition of existing buildings is currently underway to make way for a 123,000-square-foot regional distribution center on Tuckahoe Road, providing the company with easy access to Yonkers’ network of highways which include I-87, Sprain Brook Parkway, Saw Mill River Parkway and Cross County Parkway.

 

Palisades Point | $115 Million

 

Located on Yonkers’ beautiful Hudson River waterfront, the Palisades Point development will add nearly 600,000-square-feet of residential space to the downtown. The 6-story, 324-unit buildings will directly connect residents to Yonkers’ river esplanade, parks and restaurants.

 

River Tides | $100 Million

 

One of the largest residential developments currently under construction in Yonkers in recent years, Ginsburg Development Companies’ (GDC) River Tides is a 330-unit luxury rental complex located just a short walk from the Greyston Metro North Station. The 10-story building features a mix of studio through 3-bedroom units.

 

Hudson River Park Club | $85 Million

 

The third and final phase of Collins Enterprises’ successful Hudson Park residential complex, Hudson River Park Club is a new 230,000-square-foot, 16-story downtown waterfront residential building with one- and two-story rental units.

 

The Boyce Thompson Center | $35 Million

 

Simone Development is transforming the long-abandoned Boyce Thompson Institute on North Broadway across the street from Alder Manor and the Lenoir Preserve into a modern 85,000-square-foot mixed-use complex of offices, medical space and retail. Before even breaking ground, Simone leased 15,000 square feet to St. John’s Riverside Hospital.

 

Cintas | $25 Million

 

Uniform-cleaning & maintenance company Cintas will build its regional operations center in South Westchester Executive Park. The 60,000-square-foot facility will be the base of service operations for the company’s metro area customers, relocating 160 jobs to North Yonkers.

 

UNO Micro Units at i.Park | $15 Million

 

Located in the former Otis Elevator complex in downtown Yonkers, the UNO project by National Resources Development will transform the existing structure into loft-style rentals and add an additional four stories to the building. Units will feature ceilings ranging from 14 to 20 feet, oversized industrial windows and open floor plans.

 

Other Projects | $216.25 Million

 

  • 188 Warburton | $29 Million
  • Adira Rehab at St. John’s Riverside Hospital | $26 Million
  • Courtyard by Marriott at South Westchester Executive Park | $24 Million
  • Grant Park II | $22 Million
  • Met Lofts Luxury Condominiums on Palmer Road | $21 Million
  • Hilton Hampton Inn on Tuckahoe Road | $20 Million
  • GDC’s 55-Unit Residential Building on Warburton Avenue | $18 Million
  • 470 Nepperhan Ave | $13.50 Million
  • FLY Indoor Skydiving at Ridge Hill | $10 Million
  • OZ Moving | $10.5 Million
  • Alder Manor | $8.5 Million
  • 179 Saw Mill River Road | $7.25 Million
  • Fast Linen | $4 Million
  • Leggiadro | $2.5 Million