DSIC APPLAUDS MAYOR & BP FOR PLANS TO REDEVELOP STAPLETON HOMEPORT

Posted by downtownsi on October 15, 2009 · Leave a Comment 

With the announcement of a prominent and credible developer for a newly conceived Homeport site, the Downtown Staten Island Council, LDC applauds Mayor Michael Bloom berg and New York Economic Development Corp. together with Cassandra Properties for achieving what has been elusive for the decommissioned site for so long.

Mayor Michael R. Bloomberg, Staten Island Borough President James P. Molinaro and members of the Homeport Task Force today announced Ironstate Development Company will invest $150 million to redevelop the approximately seven acres of the Homeport in Stapleton, Staten Island.

As part of the community-driven Stapleton Waterfront Development Plan, Ironstate will transform the decommissioned U.S. Naval Base site into a green development with approximately 800 residential housing units with new stores and a public plaza, creating more than 1,100 construction jobs and 150 permanent jobs. The City will invest $33 million in this first phase of development of the Homeport site for infrastructure improvements and a new waterfront esplanade that will provide community access to the waterfront.

State Senator Diane Savino, State Assemblyman Mathew J. Titone, Council Member Kenneth Mitchell, Deputy Mayor for Economic Development Robert C. Lieber, New York City Economic Development Corporation (NYCEDC) President Seth W. Pinsky and Ironstate Development Company President David Barry joined the Mayor at the announcement, which took place at the Homeport site.

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