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White Plains boom shouldn't be overlooked.


The new basketball arena and other development projects planned for Brooklyn, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 have dominated local news coverage in recent weeks. However, another nearby urban center has been almost completely overlooked in the rush to report on New York City's second borough.

White Plains is an important suburban office and retail center, and the location of federal, state and county courts and offices. It offers a comprehensive multi-modal public transportation system and is the gateway to both metropolitan and upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. , New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt.  and other major northeastern markets. The city's 50,000 residents live in neighborhoods that vary from hi-rise, urban, downtown areas to secluded, estate-lined streets.

Moreover, White Plains is seeing a development boom and urban transformation that may rival that of Brooklyn, and of any other major urban area in the state of New York. Prominent developers such as Cappelli Enterprises, LCOR Inc., and JPI JPI Justice Policy Institute
JPI Java Platform Interface
JPI Japan Petroleum Institute
JPI Joint Packaging Instrumentation
JPI Jinnah Polytechnic Institute (Karachi, Pakistan)
JPI Joint Packaging Instruction
 are among those participating in the White Plains development boom.

The buildings that are being added to the White Plains skyline are bringing much-needed retail, commercial, entertainment and residential space to the city. HRH HRH
abbr.
Her (or His) Royal Highness


HRH Her (or His) Royal Highness

HRH abbr (= His (or Her) Royal Highness) → S.A.R.
 Construction is honored to have been selected to manage the construction of the most significant new developments that White Plains has seen in decades.

We are just putting the finishing touches finishing touches finish npl the finishing touches → der letzte Schliff

finishing touches nplultimi ritocchi mpl 
 on Bank Street Commons. The two-towers of this $103 million, LCOR-developed residential project contain 502 apartments with beautiful views, just a few steps from the MetroNorth commuter rail station.

Construction is proceeding for a fourth-quarter 2004 opening of the Residences at Jefferson Place. This $100 million rental apartment complex is being developed by JPI of Irving, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to , and will bring gracious apartment living to the area.

We have been working for over two years on the sequential phases of City Center, a 1,200,000 square foot residential and retail complex encompassing an entire city block bounded by Main Street, Mamaroneck Avenue, Broadway and Martine Avenue. This exciting project consists of 450,000 square feet of retail and entertainment flanked by two 35-story residential towers and a loft-style condominium that contain an aggregate of over 500 units.

The retail/entertainment center is nearly 100 percent leased to nationally known tenants such as National Amusements National Amusements, Inc. is a privately owned media and entertainment company based in Dedham, Massachusetts. The company was founded in 1936 as the Northeast Theatre Corporation by Michael Redstone.  Theaters, Target, Filene's Basement, Barnes & Noble, Office Max and Circuit City. Additional components include a 450-seat White Plains Performing Arts Center A performing arts center, often abbreviated PAC, is a multi-use performance space that can be adapted for use by various types of the performing arts, including dance, music and theatre.  and a variety of restaurants led by Legal Seafoods. The first tower, known as One City Place, is completed and the first occupants have moved in. Construction is now underway on the second residential tower and the loft building, the final elements of the project, which will be complete by the June 2005.

The government of White Plains has been very proactive in encouraging these improvements to its vital downtown. In one effort, the city created Renaissance Plaza, a $4.5 million mini-park with celebratory fountains at the intersection of Main Street and Mamaroneck Avenue. The fountains put on shows of light and water day and night.

Renaissance Plaza opened in December of 2003--about five months earlier than the similar fountains that are now in place in front of the Brooklyn Academy of Music Brooklyn Academy of Music, performing arts center located in the borough of Brooklyn, N.Y. and popularly known as BAM. Founded in 1859 and opened in 1861, it is the oldest such institution still in operation in the United States. .

White Plains is often overlooked because it is located outside of the five boroughs. However, this brief summary of some of the projects underway shows that it is an exciting market that will reward builders, developers and others in the real estate industry that pay it the attention it deserves.

PETER PALAZZO, VICE PRESIDENT, HRH CONSTRUCTION
COPYRIGHT 2004 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Author:Palazzo, Peter
Publication:Real Estate Weekly
Geographic Code:1U2NY
Date:Jun 23, 2004
Words:578
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