4/7/2023 0 Comments Chateau rive peekskillBy late August, permits had been reissued and work was restarted by a new general contractor. ![]() What’s So Interesting? The project ground to a halt in July, 2020, when developer Alma Real Estate sued Peekskill-based general contractors Green Works and TPK Construction for $7 million, alleging the contractors had improperly diverted funds from this building and a second development in Yonkers. What We Know: A nine story, 181-unit mixed-use market-rate rental building at the corner of Park and Broad Streets at the east end of downtown. However, building permits have been issued, Unicorn is selecting a general contractor, and the developer received an extension of site plan approvals at the February 9th Planning Commission meeting – with an expiration in July, 2022 (additional extensions are possible). ![]() Next Steps / Projected Completion: Site work has been paused since fall. So far it is unclear if the market-rate residential units will be rentals or condos. What’s So Interesting? The building would effectively stretch the downtown commercial district a block farther south, with walkable retail beyond Bucko!, Peekskill Coffee House, and the newly-active Esther Place public space. The site was cleared late summer, including demolition of a long-abandoned home and removal of several large trees. Another Opportunity Zone project it was approved by Peekskill’s Planning Commission in June, 2020. What We Know: 22 unit mixed-use residential building at the corner of South Division and 2nd Street. Unicorn Contracting rendering of 216 South Division as presented to Peekskill City Council Look for a formal zoning change petition from the developer to the Common Council in early April. Next Steps / Projected Completion: Because it’s sited in, and aims to benefit from Peekskill’s Federal Opportunity Zone, the project has a completion deadline of December 2023. This would also affect other “transition zone” buildings along Diven Street and areas at the south end of the C-2 district most of which face residential streets.Īlso, Broad-Howard as currently conceived, will seek a special permit to allow up to 60 off-site parking spaces in the city’s James Street Garage – a proposal that led Councilman Douglas to ask that the developer try to incorporate more on-site parking. The developer is also seeking a zoning text amendment to allow ground-floor residential units (rather than retail) on the side facing Howard Street. What’s So Interesting? The location is currently zoned R-1C residential, so the proposal requires a zoning map change to extend the downtown C-2 commercial district half a block north. As currently proposed, the four-story structure would house 48 one-bedroom and 26 two-bedroom apartments, with a pair of retail spaces on the Broad Street frontage.ĭeveloper Chuck Lesnick touts a potential green roof, construction jobs, and broadband connectivity as community benefits, and says the residences would likely be priced as workforce, with some component of affordable units. The project was presented to the City Council on February 1st. ![]() What We Know: Broad-Howard is a 74 unit mixed-use residential building proposed for the intersection of North Broad and Howard Streets (an L-shape that wraps around the existing structures at the southwest corner, with fronts on both streets). Howard Street Elevation of Broad-Howard Development, courtesy of Broad Howard LLC ![]() Most of the information and images below were gleaned by the Herald from publicly-available records. Note that new construction and real estate development is often a secretive business – there’s just not much incentive for developers or builders to share more than required for permit filings or presented in public meetings. This week we take a look at every residential and mixed-use project we’re aware of that’s been approved – or proposed – to be coming soon to our Friendly Town. A few weeks ago we wrote in some depth about the state of affordable housing in Peekskill, focusing on some proposed and under-way developments along Central Avenue just west of downtown.
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