All articles tagged with #local development
Two partners behind Inka’s and Margarita Mexican Cantina are opening a new American/Fusion restaurant in the renovated clubhouse at Lakeshore Yacht & Country Club in Cicero, with plans to eventually replace the clubhouse and develop Lakeshore Village, including housing and a hotel, as part of a larger redevelopment project.
New York State will provide $38 million to support the SouthWorks project in Ithaca, a major redevelopment effort transforming a 95-acre industrial site into a mixed-use neighborhood with housing, an innovation hub, and commercial spaces, backed by significant public funding and tax incentives.
South Bend, in partnership with Notre Dame and Ancora, is developing the 202,000-square-foot Colfax Corner, a research and innovation hub featuring restored historic buildings and new facilities, aimed at creating over 400 high-tech jobs, fostering community engagement, and boosting the local economy with a projected $750 million impact over 10 years, supported by city, state, and nonprofit investments.
Governor Kathy Hochul and Mayor Eric Adams have pledged $200 million to revitalize the vacant Kingsbridge Armory in The Bronx, although the specific plans for the site are yet to be determined. The formal request for proposals will be released in September, with proposals due by December. If all goes according to the tentative schedule, groundbreaking could occur by 2027. Previous attempts to redevelop the armory have failed due to financial and political challenges. The current condition of the facility and environmental issues make it unsuitable for hosting migrants.