Westchester County Business Journal 121916

Page 1

7 | GOING UP DECEMBER 19, 2016 | VOL. 52, No. 51

13 | SING SING WINNER

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS

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Larkin Plaza rises anew in Yonkers BY ALEESIA FORNI aforni@westfairinc.com

D TWB Loan Decision Banner Ad 6” w x 1.5” h 11-21-16 The Larkin Plaza development site in downtown Yonkers. Photo by Aleesia Forni.

Wegmans coming to Westchester SETS SIGHTS ON OFFICE COMPLEX ON CORPORATE PARK DRIVE

BY RYAN DEFFENBAUGH rdeffenbaugh@westfairinc.com

W

egmans Food Markets Inc., a grocer based in Rochester known for its cult-like following, is targeting a stretch of the vacant office buildings on the Platinum Mile in Harrison for its first

Westchester location. The company filed plans jointly with the building’s owners, Normandy Real Estate Partners LLC., on Dec. 6 for a 125,000-square-foot, two-story grocery store, with a cafe area and 736 parking spaces on a 20-acre lot in Harrison. The application also includes an 8,000-square-foot standalone retail building. Wegmans representatives con-

firmed the location and released a press statement after being contacted by the Business Journal on Dec. 14. “We look forward to the day when we can welcome customers into our Harrison store and help them make delicious, easy meals,” said Ralph Uttaro, Wegmans senior vice president of real estate. “Harrison is an ideal place for us to deliver on our

evelopers and Yonkers city officials recently joined in a ceremonial groundbreaking at Larkin Plaza, a $190 million mixed-use development project in downtown Yonkers. On the south side of the city’s 4-year-old Van der Donck Park and Saw Mill River walkway, Larkin Plaza is a joint venture of Yonkers-based Rising Development LLC and RXR Realty LLC, the Long Island-based real estate company and longtime commercial office landlord in Westchester. The development takes its name from the formerly rundown plaza in front of the city’s downtown Metro North train station. Demolition work on the site began this summer and vertical construction is set to begin immediately. The plaza, which is a public-private partnership between the development companies and the city, is expected to be completed in the fourth quarter of 2018. “What’s great about Larkin Plaza is that it’s precisely the type of development we need in Yonkers to meet the growing demand of people who want to live here,” Yonkers Mayor Mike Spano said at the groundbreaking. Once completed, Larkin Plaza will include a 25-story building with 280 rental apartments and a 17-story, 159-unit building. A separate two-story building along Van der Donck Park will hold most of the complex’s 35,000 square feet of restaurant and retail space. The development will also » LARKIN PLAZA, page 6

» WEGMANS, page 6

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