WBP Development and Beyer Blinder Belle Architects and Planners, along with local, county and state officials were on hand for a groundbreaking ceremony to mark the start of construction on the Station Plaza project at 30 Water St. in Ossining.
The $96 million project led by Chappaqua-based WBP Development LLC, consists of an eight-story residential building with 108 units and a four-level detached parking garage. The apartments are priced as affordable housing for households earning at or below 80% of the Area Median Income.
In a statement, Gov. Kathy Hochul said, “The solution to the housing crisis is simple — we have to build more housing. Affordable, transit-oriented developments like Station Plaza in Westchester will unlock opportunities for generations of New Yorkers and create new pathways for families to thrive.”
Among the amenities planned at Station Plaza are a roof deck, fitness facilities, free in-unit Wi-Fi, co-working spaces and a communal laundry area. The development will also include 3,400 square feet of retail space along with a 4,000-square-foot community facility.
The parking structure will have 195 spaces, 150 of which will be designated for tenants, with 45 reserved for public use. Additionally, the project will provide residents with access to a linear public park and an extension of the Sing Sing Kill Greenway.
The development is designed for energy efficiency and includes geothermal heating and cooling, rooftop solar panels and insulation that exceeds code requirements. There will be 11 electric vehicle charging stations with room to add more as needed in the future.
Financing for the $96 million project includes $57.2 million in tax exempt bond funds from New York State Homes and Community Renewal, federal Low-Income Housing Tax Credits that will generate $3.4 million in equity, $17.8 million from the New Construction Program and $4.9 million from the New York State Housing Trust Fund. Westchester County provided $4.4 million from its New Homes Land Acquisition program.
The Ossining Manufactured Gas Plant was on the site from the 1850s to the 1940s and at one time had been owned by Con Edison. The site was eligible for cleanup through New York state’s brownfield cleanup program.
New York State Department of Environmental Conservation Acting Commissioner Amanda Lefton said, “By cleaning up environmental pollution in communities like Ossining we can unlock investments in critical needs like affordable housing and give these sites new life.”
Ossining’s Mayor Rika Levin characterized the project as an “enterprise which brings together the best of government practices aligned with private investment. This affordable housing initiative at the waterfront continues to be in line with our focus on balancing development with the village’s capacity to support such growth for the benefit of businesses and residents.”
