Simone Development’s $61 Million Proposal to Convert a Platinum Mile Office Building into a Pediatric Outpatient Center for Montefiore Medical Center Wins IDA Backing
Simone Development’s $61 million proposal to transform 104 Corporate Park Drive on the Platinum Mile in Harrison has won the financial backing of Westchester County’s Industrial Development Agency.
The Bronx-based developer is calling to renovate the 118,000-square-foot office building to create a four-level health care center that will be leased by Montefiore. Plans include urgent care space, lab facilities, offices and a children’s evaluation and rehabilitation center. A cancer center on the first floor will be operated with White Plains Hospital, a member of the Montefiore Health System, and Westmed Medical Group, reports the Westchester County Business Journal.
The IDA at its February meeting approved an incentive package that includes $1.33 million in sales tax exemptions and $419,755 in mortgage tax exemptions. Economic development officials expect the project will create approximately 100 construction jobs and 250 permanent health care jobs.
The project still requires some municipal approvals from the Town of Harrison.
Similar News Items
The Business Council of Westchester (BCW) is seeking dynamic and innovative entrepreneurs to join its prestigious Westchester Innovation Network (WIN) initiative. The BCW WIN initiative offers a unique opportunity for startups and emerging businesses to leverage the unparalleled support of Westchester County’s thriving business ecosystem by connecting entrepreneurs with a powerful network of industry leaders, […]
Best Company Podcast Series & Best General Podcast Series Awards Presented by the Experience Marketing Association The Business Council of Westchester (BCW) and Sharc Creative were honored to receive two top awards for the BCW Podcast Network by the Experience Marketing Association (EMA). Sharc and the BCW were recognized as the Best Company Podcast Series […]
The Business Council of Westchester hosted the first Power Breakfast of 2025 where marketing professionals explored strategies for building a strong business identity. Sponsored by Tompkins Community Bank, Brand Builders: Crafting and Growing a Powerful Business Identity welcomed nine professionals to two expert panels that delved into brand building and growth, highlighting how a distinct […]
Become A Member
Join the county’s largest and most influential business organization today.
JOIN NOW!
Leave a Comment
You must be logged in to post a comment.