WHITE PLAINS APARTMENTS PROJECT
Lighthouse Living, LLC recently acquired six parcels of land in White Plains, NY located at 9-13 DeKalb Avenue, 104-108 South Broadway and a parcel adjacent to both of these properties owned by the city of White Plains. Of the six parcels, one is vacant and the other five have two-family houses on it that will be demolished. Lighthouse Living is planning on combining all six parcels into one property and constructing a six story building with 77 apartments and 105 parking spaces. This new property will be called One DeKalb Place.
The One DeKalb Place property will have gourmet kitchens with quartz countertops, engineered wood flooring, contemporary fixtures, and private terraces. Their finishes will be equal to the highest calibre comparable property and the units will be considerably larger. The average 2-bedroom unit will be +/- 1,189 square feet and the average 1-bedroom unit will be +/- 750 square feet.
Renaissance Square Complex
The Westchester Luxury Shopping Center
Beginning in 1998, White Plains experienced significant economic development in the commercial and housing sectors as a result of its Smart Growth and Sustainable Development policies. Core achievements include the city’s Coordinated Review System, which eliminates bureaucratic roadblocks to development, and changes in zoning laws that emphasize mixed-income housing downtown and continues to attract businesses to the city’s core.
The Renaissance Square complex, completed in 2008, features two 40-story residential and hotel towers, one with more than 300 condominium units and the other is home to a luxury Ritz-Carlton hotel. The City Center, which opened in 2003, is a mixed-use development with two 35-story apartment and condominium towers, one of which is a Trump Tower completed in 2005. There are also municipal parking facilities and 600,000 square feet of retail, restaurant, and entertainment space. This development has expanded White Plains’ pre-eminence as the retail center of Westchester County. The Westchester Mall, directly across the street from our new apartment community, is a nearly 900,000 square foot luxury shopping center featuring Neiman Marcus, Nordstrom, Louis Vuitton, Gucci, Tiffany’s and numerous dining and entertainment options for all ages.
As another aspect of Smart Growth, the city funded construction of the 410-seat White Plains Performing Arts Center, which hosts concerts, off-Broadway productions and business seminars. For something larger, the art-deco Westchester County Center, opened in 1930, has more than 40,000 square feet of space. It is an up-to-date, multi-purpose indoor recreational facility, hosting everything from trade shows to sports events. The walkability of the downtown area encourages downtown resident consumers to shop and enjoy high-quality dining in their neighborhoods. Three college campuses - Pace University, Berkeley College and Mercy College - are located in White Plains, providing a key demographic to many businesses in the community as restaurants, shops and pubs serve the growing young professional population as well.