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Business in the Burbs

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Developer plans to build retail center in Cortlandt

September
4

A 36-acre site in the town of Cortlandt opposite Cortlandt Town Center has been sold to a developer who plans to turn the parcel into a mixed-use complex of residences and retail stores.

Westrock Development LLC, based in Yonkers, plans to devote 10 of the acres to retail, creating Cortlandt Crossings, an 85,000-square-foot shopping center with 445 parking spaces and an additional 5,000-square-foot bank site, according to NAI Friedland Realty Inc., the Yonkers-based firm that brokered the sale.

Friedland will also act as leasing agent for the retail spaces. The shopping center, construction for which is expected to start in November 2009 with a planned opening date a year later, will join a mass of other retailers along the section of the Route 6 corridor, including Wal-Mart, Home Depot and Barnes & Noble.

(This posting corrects a previous post that contained incorrect information.)

This entry was posted on Thursday, September 4th, 2008 at 12:13 pm by David Schepp. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Construction, Development, Housing market, Lease transactions, Real Estate, Rental market, Retail, Westchester

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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