The first class “A” office space to be constructed in northern Westchester County in decades is one step closer to becoming a reality atop a one-time landfill.
The Hudson View, a class A office park, received final site plan approval from the city
of Peekskill”™s Planning Commission at its July 10 meeting.
Climaxing more than three years of planning, The Hudson View is expected to be available for occupancy in the summer of 2008. The two-building complex will be located on the Hudson River.
“The site plan approval is an important milestone in making The Hudson View a reality,” said Bill Eichengrun, managing member of 9 Corporate Drive Peekskill Development L.L.C., which is based in Cortlandt Manor. “This project is a classic example of how public and private enterprises can work together to achieve something significant. The city of Peekskill needed help in re-engineering its landfill and we needed their support to make it financially feasible. In years to come, other municipalities will use this project as a case study on how to do things right.”
Through a public-private partnership with the city of Peekskill, The Hudson View will receive tax incentives that will help allow it to offer competitive lease rates at $24 per square foot gross, plus $3 electric. The complex will be built on the site of a former city landfill that has been closed since 1974.
Each building will be 93,000 square feet of offices and have office units available from 5,000 square feet. The buildings will be Leadership in Energy and Environmental Design (LEED)-certified and feature state-of-the-art, environmentally friendly building systems, Eichengrun said.
The complex will be approved by the LEED Green Building Rating System, which is the nationally accepted benchmark for the design, construction and operation of high-performance green buildings. Eichengrun said the buildings will be heated by using the earth”™s thermal capacity, and will also generate solar power from roof-mounted photovoltaic cells.
