In a recent government meeting, city officials discussed a proposed development project aimed at revitalizing downtown Mount Vernon. The project, which seeks to establish an 8.0 Floor Area Ratio (FAR) and a maximum height of 18 stories—potentially increasing to 21 stories with a height bonus—was presented as part of a broader initiative to enhance the area’s housing and economic landscape.
The proposed zoning changes would allow for a mix of multifamily and mixed-use developments, incorporating neighborhood business and commercial district uses. Parking requirements have been adjusted to promote transit-oriented development, with plans for 0.5 off-street parking spaces for studio and one-bedroom units, and 0.75 for larger units. This approach is designed to attract commuters to the nearby Mount Vernon East train station.
Architect Stuart Lacks from Perkins Eastman Architects showcased conceptual designs for a 21-story mixed-use tower at the corner of Prospect and Portugal. The design includes retail space at the base, integrated parking, and residential units above, with a focus on creating a welcoming pedestrian environment. The project aims to enhance the streetscape with wider sidewalks and public art, making the area more accessible and inviting.
Economic projections for the development are promising. The project is expected to generate over $1 million annually in real estate taxes once fully leased, alongside significant construction-related revenues. The developers anticipate spending at least $30 million on local vendors and services during construction, further contributing to the local economy.
Additionally, the project includes plans for neighborhood improvements, such as widening sidewalks and landscaping, to enhance the overall quality of life in the area. A contribution of over $500,000 to a neighborhood improvement fund is also part of the proposal, aimed at funding further enhancements in the vicinity.
City officials expressed optimism about the project’s potential to serve as an economic engine for downtown Mount Vernon, aligning with the city’s vision for growth and revitalization. The discussions highlighted a commitment to balancing development with community needs, ensuring that the project not only boosts the local economy but also improves the urban environment for residents and visitors alike.