SOUTHGATE Pre-Development Funding In Downtown Mount Kisco

Proposed project sits on adjacent corners at a busy intersection in downtown Mount Vernon CBD zone.

Exciting Use: The project site is comprised of city-owned apartment properties and several residential properties.

Proposed Project: The proposed project is a twin 15-story mixed use building. There will be 225 apartments, parking for 135-150 cars, and commercial space at street level. The commercial space will include 15,000 square feet for a supermarket and 1,500 square feet for a bank branch and pharmacy.

Project Overview: Southgate Phase 1, one of the most ambitious developments in Mount Vernon’s history with an investment of $115 million, is envisioned as a dual-tower, mixed use development. It will revitalize a highly traffiked intersection, transforming it into a vibrant, welcoming gateway to Mount Vernons. The project will include over 250 market-rate rental units alongside premium retail and community spaces.

The proposed project sits at the center of a transportation hub that ties together NYC, Westchester County, and lower Connecticut. Mount Vernon offers three Metro-North stations: Mount Vernon East, Mount Vernon West and Fleetwood. The Cross County Parkway, the Bronx River Parkway, and Hutchinson River Parkway are all within the citys borders. Also, the city borders. I-95 and I-87 are less than a mile from the cirtys borders. Also, the city is the termination point of two MTA subway lines (#2 and #5 lines) and is crisscrossed by 9 Bee Line bus routes.