Sentinel on Third: developers present mixed-use, workforce-focused plan; board asks for economic-impact analysis and site-control steps

Developers presented an update on the Sentinel on Third development to the Mount Vernon Industrial Development Agency on Jan. 9, describing a mixed-use project that the team said would combine workforce training and light-industrial space with residential units and retail. Board members and developers agreed that a formal economic-impact analysis and clear, contingent site-control arrangements must be completed before the Agency would consider incentives such as a PILOT or a long-term ground lease involving city and IDA-owned parcels.