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Mayor Ron Belmont said qualified developers, picking up on the town’s and village’s recent economic momentum are committed to investing in Harrison.
Of particular interest, he said, is a 36-unit apartment complex going up at the site of the old lumberyard at 550 Halstead Ave.
The rents will be set at market rate, Belmont said.
According to lighthouseliving.com, the website for Lighthouse Living, a real estate development company, the project has been named Wood Works, to pay homage to the property’s previous occupants, Port Chester Lumber Yard.
Developer David Mann, president of White Plains-based Lighthouse Enterprises, said he has done his due diligence as far as the socio-economic factors behind siting the project.
Harrison and surrounding areas have a demographic, wealth-wise, that can support projects like Wood Works, Mann said.
Studies have found Westchester's current building boom has been sparked by the thousands of adults in transition (read, empty-nesters), young professionals and young couples who prefer rentals over owning a home and all the responsibilities that entails.
With apartments, Mann said, there's a lot less overhead: "If something goes wrong with the plumbing, the electricity, a door or a drawer, you can just call the super."
The project is located within a half-mile of the village's business district and is close to the train station, Mann said, though most of its potential renters are likely to commute to jobs within Westchester, not to New York City.
The 36 units will be divvied up into six studios, 22 one-bedroom and eight two-bedroom apartments.
Wood Works should be open and ready for renters this June, Mann said.
The budding 30-something real estate mogul and dad of two also appears to be transforming the high-end rental market in White Plains, the county seat in Westchester, according to media reports. He has projects all across the city and is planning another 77-unit, six-story apartment building there.
As far as Harrison goes, Mann said he's open to building more in the community, but in such "highly desirable areas" it's hard to find available spots.
Wood Works, Lighthouse Living said, is the first such building built in downtown Harrison in more than 30 years.
Its contemporary design includes a “one-of-a-kind” roof deck, Lighthouse Living said.
The 5,100-square-foot deck will have a bar, barbecue, fire pit and water feature – a “terrific environment for entertaining,” Lighthouse’s website said.
The apartments will have hardwood laminate floors, quartz counter tops, tiled bathrooms, stainless steel appliances and washer/dryers.
Belmont also made note of a six-home subdivision being built at 590 Harrison Ave.
It is on the site of the now closed Balmoral Kennels, a boarding, grooming and training operation that had been operated by Best Friends Pet Care.
The developer for that project is Joseph Nannariello, of JNC Inc. in Greenwich, Conn., the town said.
Nannariello could not be reached for comment Wednesday.
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