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State Economic Council Endorses Two Yonkers Waterfront Projects

YONKERS, N.Y. -- Two Yonkers projects recently met the unanimous approval of the Mid-Hudson Regional Economic Development Council. 

Two projects in the City of Yonkers recently met approval from the Mid-Hudson Regional Economic Development Council, the city announced recently.

Two projects in the City of Yonkers recently met approval from the Mid-Hudson Regional Economic Development Council, the city announced recently.

Photo Credit: Courtesy City of Yonkers Facebook Page

The group voted to endorse the projects for funding under Gov. Andrew Cuomo’s 2013 competition, according to a news release from the city. The two Yonkers priority projects, Teutonia Buena Vista and H & I, are "expected to create 1,095 construction jobs and 124 new permanent jobs in Yonkers’ Downtown Waterfront neighborhood," according to the release that cited Empire State Development, the state’s chief development agency.

“These projects show that development and job creation in Yonkers is back on track, and that our efforts are paying off both in new construction as well as the re-utilization of historic structures,” said Mayor Mike Spano in the news release. “Yonkers’ Downtown Waterfront has grown tremendously and these projects will continue the revitalization of our city’s destination neighborhood.”

Teutonia Buena Vista is a 24-story, 361-unit residential development along the Downtown Waterfront, according to the release, and the new building will "integrate the façade of Teutonia Hall, the currently-abandoned 122-year-old former German opera hall which sits at the site of the new project." 

The group is also set to provide internships, apprenticeships and field projects for Saunders Trade and Technical High School students. The project is expected to create 1,020 construction jobs and 20 permanent jobs, according to the release. 

H & I is set to be "the continuation of the Downtown Waterfront esplanade from the City’s Sculpture Park to the Domino Sugar Refinery," according to the release. The project is scheduled to consist of new public streets, shoreline stabilization and new public access to the waterfront that "will make the Downtown Waterfront an even more transit-friendly, walkable neighborhood," according to the release. The project is expected to create 75 construction jobs and support 114 permanent jobs.

“This is great news for development and job creation in Yonkers,” said Wilson Kimball, commissioner of the city’s Department of Planning and Development, in the release. “Mayor Spano has made the revitalization of Yonkers’ waterfront a priority and with the state’s support, we’ll be able to continue the progress we’ve made over the last two years.”

Renderings of both projects are available on the city’s Facebook Page.

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