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Mixed-use development

Real Estate
Officials Approve $458M Mixed-Use Residential Towers In Westchester With Affordable Units Officials Approve $458M Mixed-Use Residential Towers In Westchester With Affordable Units
Officials Approve $458M Mixed-Use Residential Towers In Westchester With Affordable Units City officials in Westchester have approved financial incentives for a $458 million mixed-use residential complex that will include several affordable apartments within its two towers.  Financial incentives for the Teutonia Hall project, a mixed-use residential complex planned to feature two luxury 41-story towers in Yonkers at 4 Buena Vista Ave., were approved by the Yonkers Industrial Development Agency on Thursday, Feb. 29.  The project, which will be constructed in two phases, will include a total of 906 apartments, 91 of which will be affordable. Additionally, the comple…

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by Ben Crnic
News
Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments
Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments Construction of a $650 million mixed-use development that will include 860 new apartments has started at the site of a former mall in Westchester County.  The groundbreaking of the Hamilton Green development in White Plains, located at the site of the old White Plains Mall at 200 Hamilton Ave., was held on Thursday, Dec. 8, according to RXR, a developer behind the project along with the Cappelli Organization.  The mall, which opened in 1972, was demolished in August 2022 to make way for the new project, which will consist of four mixed-income multifamily buildings, RXR o…

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by Ben Crnic
Business
Owners Looking To Transform Mall In Westchester County Owners Looking To Transform Mall In Westchester County
Owners Looking To Transform Mall In Westchester County The owners of a Westchester County mall are teaming up with prominent real estate players to turn the site into a mixed-use residential and commercial development.  The owners of The Galleria at White Plains located at 100 Main St. (Route 119), Pacific Retail Capital Partners (PRCP) and Aareal Bank, are teaming up with real estate developers SL Green Realty Corp. and the Cappelli Organization to transform the mall, according to an announcement by PRCP from Thursday, Nov. 3.  The 870,000-square-foot Galleria opened in 1980 in downtown White Plains and is near a major mass…

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by Ben Crnic
Real Estate
Yorktown Green Project Proposed Featuring 150 Apartments, Mixed-Use Building Yorktown Green Project Proposed Featuring 150 Apartments, Mixed-Use Building
Yorktown Green Project Proposed Featuring 150 Apartments, Mixed-Use Building One of the most prominent vacant commercial sites in Northern Westchester could be getting a multi-million dollar facelift to transform it into a massive mixed-use building. A proposal to transform Yorktown Green into a mixed-use development featuring 150 apartments, ground-level retail locations, and a new supermarket was introduced to the Town Board this week to much fanfare. According to Olster Properties, the 15-acre development in the heart of Yorktown Heights on Downing Drive would include the demolition of the current 90,000-square-foot building that was the home of a defunct Kmart …

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by Zak Failla