Skip to Content
Author: The BCW

Leave a Comment

Plans Unveiled to Transform Yorktown Shopping Center

http://thebcw.org/wp-content/uploads/2021/01/yorktown-green-1200px.jpg[fusion_separator style_type=”default” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” sep_color=”” top_margin=”1em” bottom_margin=”1em” border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” /]

Plans to transform one of Yorktown’s most prominent commercial retail sites from an outdated, largely vacant shopping center to a vibrant mixed-use center featuring 150 apartments, ground-level retail shops and a new supermarket were unveiled this week.

Oster Properties’ concept for the Yorktown Green, which occupies 15 acres in the heart of the Yorktown Heights business district, would demolish the defunct, 90,000-square-foot former Kmart store to make way for a four-story U-shaped building featuring 84 one-bedroom and 66 two-bedroom residences, ground floor retail, underground parking for residents all surrounding a small park.

“This proposal recognizes the evolving economy that we are facing, especially e-commerce,” said Supervisor Matt Slater. “Yorktown Green has languished for too long and I look forward to seeing more details about Oster’s proposal. It is a key property in many ways, not the least of which is its prominent location in the heart of town. The commitment to a complete re-thinking and renewal of the property. This is very welcome news and yet another sign of the economic upswing we are working hard to see in our town.”

The Business Council of Westchester commended Yorktown’s ongoing efforts to promote economic development. “The Business Council of Westchester applauds Supervisor Slater and the Town Board for their vision and willingness to move aggressively with a post-Pandemic future in mind. When it comes to promoting economic renewal and re-development, we need our county and municipalities to be flexible, creative and innovative,’ said John Ravitz, Executive Vice President and COO of the BCW.

Ravitz noted that last January, Supervisor Slarter reached out to the BCW to solicit ideas. “The Business Council of Westchester is pleased to have provided ideas and guidance in Yorktown’s efforts and we look forward to continuing to work cooperatively with the town in its creative approaches to economic development, he added.

The property at 335 Downing Drive has two empty anchor tenant buildings. The free-standing former Food Emporium supermarket has been vacant for almost 10 years, and Kmart has sat empty since closing two years ago.

More News

$15.5 Million in Combined State Investments Support Funding for the $33 Million Project   Expansive Renovation Includes First Public LEED Platinum Theater in U.S. and 98 Acres of Land Restoration     Governor Kathy Hochul today announced the opening of the Samuel H. Scripps Theater Center — the new home of Hudson Valley Shakespeare — […]

Read Article

Rye Brook, N.Y. (May 15, 2026) — Students from Iona University’s Hynes Institute for Entrepreneurship & Innovation recently recommended branding concepts to help the Village of Sleepy Hollow become a year-round destination as part of the Business Council of Westchester’s (BCW) Westchester Innovation Network (WIN) City Labs initiative. The May 7 presentation, held before Mayor […]

Read Article

This week, the New York Power Authority (NYPA) and the New York State Canal Authority hosted the “Supplier Diversity Expo” in Westchester County. The event focused on the future of infrastructure, procurement, and economic opportunity across New York State. The standing-room-only event drew more than 1,100 attendees, including approximately 70 vendors, with nearly half of […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with business representatives in the Westchester community and beyond.
Back to top