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78°
Sunday, jun 14
Tag:
Redevelopment
Business
Six Flags Closing Popular Theme Park: Here's What We Know
Maryland thrill-seekers, enjoy the ride while it lasts. Six Flags America and Hurricane Harbor in Bowie are shutting down after the 2025 season, Six Flags Entertainment Corporation confirmed on Wednesday, May 1. The company said it plans to market the 500-acre property for redevelopment as part of a “portfolio optimization program,” ending decades of roller coasters, water slides, and family memories in Prince George’s County. “As part of our comprehensive review of our park portfolio, we have determined that Six Flags America and Hurricane Harbor are not a strategic fit with the company’s…
Real Estate
$10M Put To Affordable Housing In Downtown Of This Westchester City
Westchester County is taking a major step forward in addressing the need for affordable housing with a $10 million allocation for the purchase of property in downtown White Plains, officials announced. The Land Acquisition Act, signed by new County Executive Ken Jenkins on Tuesday, Jan. 7, will fund the redevelopment of two buildings located at 99 Church St. and 6 Cottage Pl. in White Plains. The project will create 108 affordable homeownership units for first-time buyers and include 89 parking spaces. "We are continuing on our path to create as many affordable housing opportun…
Real Estate
Pair Of Downtown White Plains Office Buildings Sell For $16M
Mack-Cali Realty Corp. has sold a pair of downtown White Plains office buildings on Barker Avenue in separate deals totaling $16 million, according to Westfair. County property records show the six-story, 68,000-square-foot 1 Barker Ave. office building sold for $9.3 million. The deed was recorded Sept. 13. The same day, a separate deed recorded the $6.7 million sale of the six-story, 65,300-square-foot building at 3 Barker Ave., Westfair said in this report. The buyers are two separate LLCs — 1 Barker Ave. LLC and 3 Barker Ave. LLC — that share an address in Spring Valley. The properties …