Last week, media-focused investment firm Great Point Capital Management signed on entertainment company Lionsgate as its anchor tenant for a new $100 million production-studio development in Yonkers. Lionsgate will also be an investor in the project that includes five studios and a back lot near the Yonkers downtown Metro-North train station. Also a partner in the joint venture is developer National Resources.
Erin Construction and Development Company successfully won approvals from the Yonkers Industrial Development Agency to develop a new, partially affordable residential property at 9-11 Riverdale Avenue.
The Yonkers Industrial Development Agency (IDA) has released renderings of two forthcoming affordable housing developments—Dayspring Commons and 9-11 Riverdale Avenue—that will comprise a total of 92 rental homes and a small amount of commercial area.
New proposals for the construction of three massive residential developments have made their way to The Yonkers Industrial Development Agency in an exciting new reveal. All together, the projects could introduce 1,000 new homes in Yonkers, New York.
Construction of a new $35 million community center on the Sarah Lawrence campus has topped out. Construction of the Barbara Walters Campus Center is making significant progress on the Yonkers campus. Just this late September, they celebrated the installation of the final piece of structural steel. The Sarah Lawrence College is responsible for the development.