Croton-on-Hudson NY affordable housing redevelopment
Croton-on-Hudson village officials talk about a proposed housing redevelopment project across the street from the train station May 8, 2024.
OSSINING — A long-awaited affordable housing project will soon rise by the waterfront. Features will include a pedestrian trail, retail, a plaza and community space.
Station Plaza, an affordable, multifamily rental community at 30 Water St., will consist of two new buildings with 109 units serving households with incomes at 30% to 80% of the “area median income,” which translate to an income of between $32,800 and $87,500 for one person.
The complex will include 40 one-bedroom units, 60 two-bedroom units, and nine three-bedroom units.
The developer, WBP Development, planned to extend the Sing Sing Kill Greenway trail to connect to a train station, create a linear plaza and 3,800-square-foot community space, as well as build a garage that includes 45 municipal parking spots.
The $94 million project recently secured a tax break of about $5.6 million from the Westchester County Industrial Development Agency and is expected to begin two years of construction in November, creating 133 construction jobs.
More: Developer poised to build affordable condos on parking lot in Croton-on-Hudson
Ossining Mayor Rika Levin said the development is among a few projects that are long overdue, aimed at building a diverse housing stock, ranging from affordable to luxury.
“Healthy communities have a balance of affordable, market-rate and luxury housing stock,” Levin said. “This piece of affordable housing is another part of the portfolio.”
Levin hopes the addition of community space and improvements on sidewalk and landscaping will revitalize the area and benefit local businesses.
The project is located on the former site of a Village Department of Public Works property, owned by the village, and includes a brownfield cleanup. A brownfield typically is a former industrial or commercial property where operations may have resulted in environmental contamination.
“We’re envisioning it as a rise of all boats,” Levin said. “It’s more than a housing project.”
James Wendling, chief operating officer at WBP Development, said one of the company’s priorities is to transform underutilized community sites into “sustainable housing projects that benefit the community.”
He highlighted that the Station Plaza project will feature geothermal heating and cooling systems and solar panels.
“It’s a great example of public private partnership, of developing affordable housing on a great piece of property that is currently not on the tax roll,” Wendling said.
WBP Development has built 25 affordable housing projects across the Hudson Valley. It also has a few affordable home ownership projects in the pipeline, including a high-rise condo building with 126 units in New Rochelle and a 68-unit affordable condo development at the former Berkeley College site in White Plains.
Helu Wang covers development and real estate for The Journal News/lohud and USA Today Network. Reach her at hwang@gannett.com.