A $95 million development will replace a parking lot across from a busy office building in the heart of Westchester County's I-287 corridor.
The Westchester County Industrial Development Agency (IDA) approved measures to provide financial incentives for the complex that would be constructed at 1133 Westchester Ave. in White Plains.
According to the IDA, the complex would be comprised of three separate five-story buildings on a 20-acre site with a total of 303 one- two- and three-bedroom apartments. Of those units, 19 would be deemed affordable.
The amenities planned at the site include a fitness center, pool and business lounge. The complex would also feature a 12,000-square-foot public outdoor recreation space. There’d also be a shuttle to downtown White Plains and the city’s Metro-North station.
The IDA noted that the development is expected to create 120 construction jobs and eight full-time jobs. Construction is scheduled to begin in February 2020 and should conclude by February 2022.
“We are pleased to provide preliminary approval for this innovative residential development that will bring rental housing to the I-287 office corridor. This project is part of an emerging trend which has seen the transformation of vacant office parks into new uses such as Wegmans supermarket, Life Time Athletic fitness center and a pediatric care ambulatory facility for Montefiore Medical Center,” Bridget Gibbons, Director of the Westchester County Office of Economic Development said. “These important developments are creating jobs and adding to the economic vibrancy of Westchester County.”
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