August 2012 - Empire State Development - New York State
August 2012 - Empire State Development - New York State
August 2012 - Empire State Development - New York State
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The Project:<br />
City of Yonkers - Saw Mill River Daylighting Property Acquisition Capital (X917)<br />
<strong>August</strong> 16, <strong>2012</strong><br />
Size – The project involves the acquisition of six properties (multiple tax parcels along<br />
the north side of <strong>New</strong> Main Street from Nepperhan moving west past Ann Street).<br />
ESD Involvement - A $8,000,000 reappropriation was included in the FY <strong>2012</strong>-2013 <strong>New</strong><br />
<strong>York</strong> <strong>State</strong> budget.<br />
Grantee Past ESD Support – ESD is currently administering a $10 million Executivesponsored<br />
grant for the City of Yonkers Downtown Waterfront Initiatives, which<br />
includes the first phase of daylighting of the Saw Mill River. The first phase is<br />
anticipated to be complete in Summer <strong>2012</strong>. In addition, the City was awarded a<br />
$5,404,000 Restore NY III grant for renovations of the former library and a $3,505,000<br />
Restore NY III grant for renovations and new construction in the Philipse Manor Historic<br />
District. Both Restore NY III projects are underway. The City anticipates that the<br />
Philipse Manor Historic District project will be complete in Spring 2013 and the former<br />
library project will be complete in Fall 2013.<br />
Beneficiary Past ESD Support – This is the first ESD-administered grant to NMSDC.<br />
Completion – March 2013<br />
Activity – The project involves the acquisition, via condemnation, of six properties<br />
located on <strong>New</strong> Main Street in downtown Yonkers. NMSDC, on behalf of Yonkers, will<br />
perform the property acquisitions.<br />
A portion of the Saw Mill River currently flows through a flume that is located beneath<br />
and/or behind the buildings on these properties. Following the acquisition of these<br />
properties, these properties and property already owned by Yonkers will be cleared and<br />
redeveloped as waterfront open space as a continuation of the Saw Mill River<br />
daylighting that has already occurred.<br />
Results – The project will allow the City to increase the length of the Saw Mill River that<br />
is being daylighted or unearthed. In the 1920s, the Army Corps of Engineers buried the<br />
Saw Mill River in order to manage sanitation and floods. In December 2010, Yonkers<br />
began construction on the first phase of daylighting, which consisted of an 800-foot<br />
stretch of the Saw Mill River. Yonkers plans to daylight one-half mile of the river to<br />
create a unique public access destination and an anchor for a major expansion of<br />
downtown Yonkers.<br />
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