MOUNT VERNON, N.Y. - After months of discussion, debate and speculation, contractors are nearing completion on the long awaited development at 203 Gramatan Avenue in Mount Vernon.
On Thursday, the Atlantic Development Group and To Better Days Construction held a topping off ceremony to celebrate the near-completion of the project, the first of three multi-million developments designed to transform downtown Mount Vernon.
The $40 million, “ground-up quality workforce housing development” includes 159 units - 30 percent of which workforce housing, reserved for city residents. The location also includes 20,000-square-feet of retail space, creating 43 full-time jobs.
In a statement, Atlantic Development CEO Peter Fine said that this first building was just beginning to scratch the surface of his plans for Mount Vernon.
“We are really proud of our role in the revitalization of downtown Mount Vernon and this project, the first of three and the first major stride in bringing downtown Mount Vernon back,” he said. “We have made real investments in this community, its residents, its businesses and its workforce and we look forward to carrying the momentum, excitement and support from this project into our next major milestone.”
Up next for developers is Hartley Park Towers, a 10-story building that will include 109 units of luxury rental housing that “will create a new benchmark for quality and design in Mount Vernon,” according to Fine. That location will include 4,000-square-feet of amenity space, a state-of-the-art gym, media center and landscaped outdoor terraces overlooking Hartley Parkland.