PEEKSKILL, N.Y. -- Ken Martin and his Democrat running mates laid out key components of their economic development strategy Monday.
Plans call for a mixed-use riverfront development plan emphasizing recreation-based business and retail along with tax incentives for a major retail destination downtown and a business recruitment strategy capitalizing on millennial interest in the area.
Their vision builds on the city’s reputation as a destination by focusing on recreational activities and retail that bring visitors to Peekskill not only to enjoy the nightlife, but to shop, work and live here.
“Peekskill has grown tremendously over the course of the last eight years, in large part because a vision existed that helped turn Peekskill back into the destination it once was,” said Martin, candidate for Mayor. “While the restaurant and nightlife scene are booming, we need Peekskill to boom at all hours of the day.”
The "Positively Peekskill Plan" includes three key priorities:
- Mixed-use riverfront development strategy emphasizing recreation-based businesses and retail like private boat and kayak rentals, bike, hiking and camping equipment shops, as well as fashion, sports, and arts.
- Use of tax incentives to establish a major retail destination in the vacant Workers Compensation Building. Working with the IDA and city staff, Martin and team will structure an incentive package to encourage the owner either to sell the property to a major retailer or rent the property to a major retail tenant, such as Apple, Trader Joe’s, H&M, or Uniglo.
- A business recruitment strategy capitalizing on millennial interest in the downtown nightlife and social scene. Peekskill must provide them with retail and recreational opportunities in order to further tap into a market that has shown its support for our local pubs, restaurants and arts scene.
To do so, Martin, Talbot, McKenzie, and Rainey will develop a business recruitment strategy that capitalizes on millennial interest in the downtown and nightlife.
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