Yonkers Renaissance: You Can Feel the Vibe
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Yonkers Renaissance: You Can Feel the Vibe

25 May Yonkers Renaissance: You Can Feel the Vibe

Posted at 17:18h in Interior Design, Multi-Family Housing, Residential by

Yonkers Renaissance

Read the full article: Westchester
Yonkers, NY

Soaring riverfront towers, hip new art galleries and trendy restaurants – they’re all part of Yonkers’ new vibe. The state’s fourth largest city is hot, with a star that is burning ever brighter. With more than $1 billion in private development, Yonkers is undergoing a renaissance unlike anything it has seen in recent memory, outshining Brooklyn, Jersey City and Hoboken as the next place to be.

Construction cranes rise above the buildings, assembling a grander skyline, with new residential and mixed-use projects from national and regional developers including RXR Realty, Ginsburg Development Companies, Mill Creek Residential Trust, Simone Development Companies, Collins Enterprises, Extell Development Company, Avalon Bay Communities and National Resources. Many are rising along the city’s scenic Hudson River waterfront, just minutes from Metro-North train stations.

The wave of construction is bringing 5,000 multi-family residential units that have been recently completed, are being built or have been approved for development, the city’s Department of Planning and Development reports. The city’s hotel market is also booming, with approximately 1,200 new rooms being added, including in properties by hospitality giants Hyatt and Marriott.

What’s Behind the Building Boom 

A major residential development under construction is RXR’s $190-million Larkin Plaza, featuring towers 25 and 17 stories high. Offering a total of 442 residential units and featuring ground-level retail space, they will overlook Van der Donck Park and the daylighted Saw Mill River.

On the waterfront, Collins is building Hudson Park III, a high-rise luxury rental with 222 units, while National Resources is about to open Uno@iPark with 100 “micro units” designed for today’s fast-growing Millennial population. Just south of the Yonkers Pier, Mill Creek Residential is building Modera Hudson Riverfront, a waterfront rental community of 324 apartments with luxury amenities including a swimming pool and fitness center.

 

Read the full article: Westchester