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$250 Million Mixed Use Development Project Breaks Ground In White Plains

The site of the future building is at 55 Bank St., just a block from from the White Plains train station.
The site of the future building is at 55 Bank St., just a block from from the White Plains train station. Photo Credit: Google Maps

WHITE PLAINS, N.Y. -- Ground was broken recently on a 760,000 square foot, $250 million mixed used building on Bank Street, according to theexaminernews.com.

According to the report, the project, owned by LCOR, has been touted as the city's first major residential development since 2009.

The site of the future building is at 55 Bank St., just a block from from the White Plains train station, according to the report.

Construction on the building's Phase 1 began last week and will include 288 residential units spread across 16 stories. About 3,000 square feet on the ground floor will be allotted for retail space and more than 380 parking spaces, according to the report.

Phase 2 will add an additional 16-story building holding 273 residential units and 3,350 square feet of retail space along with 189 additional parking spaces.

Read the full story at theexaminernews.com .

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