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Westchester cities initiative focuses on Peekskill.


The Westchester Partnership for Economic Development (WPED) recently brought its Board of Directors to Peekskill to discuss specific economic issues and projects in that city, as part of the Partnership's Westchester Cities Initiative.

Designed to assist Westchester County's major urban centers in strengthening their economic development efforts, the Westchester Cities Initiative involves ongoing meetings with the mayors and municipal officials of Westchester's five urban cities: Mount Vernon Mount Vernon, estate, United States
Mount Vernon, NE Va., overlooking the Potomac River near Alexandria, S of Washington, D.C.; home of George Washington from 1747 until his death in 1799.
, New Rochelle New Rochelle (rōshĕl`), city (1990 pop. 67,625), Westchester co., SE N.Y., on Long Island Sound; settled by Huguenots 1688, inc. as a village 1858, as a city 1899. , Peekskill, White Plains and Yonkers. Previously, meetings were held in Yonkers, New Rochelle and Mount Vernon.

Chaired by WPED President William M. Mooney, Jr., the July 30th meeting in Peekskill was held at the Peekskill Neighborhood Facility and attended by 40 WPED board members. Members, along with the city's planning and economic development officials, took a bus tour of the city's targeted economic development areas, Afterwards af·ter·ward   also af·ter·wards
adv.
At a later time; subsequently.


afterwards or afterward
Adverb

later [Old English æfterweard]

Adv. 1.
, Peekskill Mayor Frances Gibbs addressed the meeting, reviewing specific economic development projects which the city has completed, or are underway or planned. A reception with refreshments re·fresh·ment  
n.
1. The act of refreshing or the state of being refreshed.

2. Something, such as food or drink, that refreshes.

3. refreshments A snack or light meal and drinks.
 followed.

The Partnership's goal is to help foster the economic development initiatives of these cities," Mooney said. "Westchester's urban downtowns, which historically have been the centers of economic vitality in the county, have been struggling in recent years, as the lion's share of development shifted to corporate parks and urban areas. However, today, some of the smaller communities do not want more development. Our job is to refocus Verb 1. refocus - focus once again; The physicist refocused the light beam"
focus - cause to converge on or toward a central point; "Focus the light on this image"

2.
 the attention back on the locations that want development and have the infrastructure to support it.

"We will bring whatever resources are necessary - brain power, planning, contacts - to build stronger partnerships throughout all levels of government to stimulate economic growth not only in the cities, but in the County's towns and villages," Mooney said.

During the WPED Board of Directors meeting, Mayor Gibbs reviewed some of the targeted economic development areas visited on the bus tour of the city. They included:

* A 33,464-square-foot former department store that is being converted into offices for the Workers Compensation Board, which in the fall will open a district office serving Westchester, Putnam, Orange, Rockland and Dutchess counties.

* Westchester Community College's satellite campus, which is located in a former Woolworth's store in downtown Peekskill.

* The Drum Hill School, a historic structure that was shuttered shut·ter  
n.
1. One that shuts, as:
a. A hinged cover or screen for a window, usually fitted with louvers.

b.
 for many years, which is now being converted to an assisted-living facility. The historic components will be preserved.

* The Peekskill Waterfront: The City, in a co-ownership agreement with the Scenic Hudson Land Trust, will purchase the former Tallix Foundry property of some eight acres, which will be used as parkland, giving the city a large stretch of riverfront riv·er·front  
n.
The land or property along a river.
 that will be accessible to the public. Adjacent to it is a city-owned site that will be developed as Peekskill Landing, which will include a small maritime museum A maritime museum (sometimes nautical museum) is a museum specializing in the display of objects relating to ships and travel on seas and lakes. A naval museum focuses on navies and military use of the sea. , a small boat building facility that will produce replicas of historic ships, and a restaurant/conference center.

* Charles Point Industrial Area: The former Fleischmann site (later Standard Brands, Inc.) where yeast yeast, name applied specifically to a certain group of microscopic fungi and to commercial products consisting of masses of dried yeast cells or of yeast mixed with a starchy material and pressed into yeast cakes. , distilled spirits and vinegar vinegar, sour liquid consisting mainly of acetic acid and water, produced by the action of bacteria on dilute solutions of ethyl alcohol derived from previous yeast fermentation.  were produced, is now home to 20 companies that have converted the old buildings or built their own on the 36.5-acre site. Three former factory buildings have been converted to industrial office space, housing numerous small companies. Resco, the county's garbage to energy plant, was the first tenant. Some opportunities for development in the industrial park are still available.

The Westchester Partnership for Economic Development is a public/private not-for-profit organization, the mission of which is to retain existing businesses and to attract new businesses to Westchester.
COPYRIGHT 1998 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:New York
Publication:Real Estate Weekly
Date:Sep 9, 1998
Words:579
Previous Article:US hotel industry now breaks even at 55.5 percent occupancy.
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