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Home Economic Development

The Castle opens for leasing in Port Chester

Evan Fallor by Evan Fallor
March 28, 2016
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The Castle, at right, in Port Chester is expected to welcome its first tenants in late January.
The Castle in Port Chester is expected to welcome its first tenants in late January.

Take The Castle off the list of residential development projects under construction in Port Chester.

The mixed-use luxury development with 120 residential units and ground-floor office space at 201 Willett Ave., has begun leasing and will open to residents by the end of January, said Frank Boccanfuso, principal at Phoenix Capital Partners LLC, the project developer.

The $50 million development includes studio, one-bedroom and two-bedroom rentals ranging from $1,968 to more than $3,000 per month, more than half of which have been leased, according to the developer. Amenities include a parking garage, 24-hour fitness center, private movie theater and clubroom, and a rooftop terrace.

Boccanfuso said that a decade after first submitting plans to the village planning board and after more than two years of construction, he was excited to see a diverse mix of tenants interested in the complex.

“We really have seen an interest in newly formed families ”“ couples just married or soon getting married as well as older people who sold their homes but want to stay in the area,” he said. “A lot of people from Manhattan also like Port Chester for its night entertainment and the industrial, gritty feel. We felt it was important to bring new, quality housing to complement the retail nearby.”

The Castle”™s debut comes three years after The Mariner, Phoenix Capital Partners”™ 100-unit luxury rental building, opened on Willett Avenue. Maryland-based Bozzuto Group is serving as leasing agent for The Castle.

Over at Westchester Avenue and Main Street on a vacant site known as “Coney”™s Lot,” developer G&S Port Chester LLC has plans to construct an apartment building with up to 79 units and 14,000 square feet of ground-floor retail space.

The developer has proposed a mix of studio and one- and two-bedroom apartments in what would be a maximum five-story building.

Those plans will be presented to the village Board of Trustees at its Jan. 4 meeting.

At 120 N. Pearl St., a 50-unit rental building is being developed by White Plains-based Lighthouse Enterprises LLC.

Starwood Capital Group of Greenwich has proposed a $300 million mixed-use development for the former United Hospital site at 406 Boston Post Road. The plan calls for 90,000 square feet of street-level shops and restaurants, a 135-room hotel, 217,000 square feet of office space, 500 residential units for young professionals and 230 age-restricted senior residential units.

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