Following 11 years in the planning and approval process, Summit Development and Greenfield Partners broke ground earlier this week on the retail portion of Chappaqua Crossing. The project is an expansive mixed-use development located on the former Reader’s Digest office campus at 480 Bedford Road, in Chappaqua, a northern Westchester County hamlet in the Town of New Castle. The retail portion includes the build-out of 120,000 square feet of commercial space, including a 40,000 square-foot Whole Foods, a Life Time gym, and other shops and restaurants. The Grossman Companies is partnered in the retail portion and the supermarket is expected to open in 2017.
The developers will eventually redevelop the existing office buildings into roughly 500,000 square feet of office space. Amenities will include a cafeteria, a conference center, and 24-hour security. Current office tenants include Northern Westchester Hospital and Mount Kisco Medical Group.
The residential portion, dubbed the North Village, will feature 91 townhouses across 31 acres of land. The existing Cupola Building will also be converted into 28 affordable residential units. Construction is expected to begin on this portion in early 2017, and amenities will include a clubhouse (with a gym and community space), landscaped gardens, and five acres of public open space. The on-site 300-seat Wallace Auditorium will also hold community events.
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