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Astorino announces $1.2 billion biotech center for North 60

Greenwich-based Fareri Associates has planned to invest up to $1.2 billion to create a biotechnology research facility, children's science center, medical offices, a 100-room hotel and retail stores and restaurants on the 60 acres of county-owned land within the 512-acre Grasslands Reservation adjoining Westchester Medical Center.

Criminal record shadows would-be Grasslands developer

The principal of one of the two companies to submit a proposal for the development of a biomedical complex in Mount Pleasant pleaded guilty to grand larceny in 2007.