ULI Westchester/Fairfield News

ULI New York and ULI Westchester Fairfield Press Release

SLEEPY NO MORE: ULI New York and ULI Westchester/fairfield Release Recommendations TO INVEST IN THE FUTURE OF Sleepy Hollow

 New report proposes strategies to support community’s new opportunities for smart growth

Plan would revitalize housing stock, increase transportation options, and support local businesses

NEW YORK, NY – The Urban Land Institute New York (ULI NY) and Urban Land Institute Westchester/Fairfield (ULI Westchester/Fairfield) today released A Vision for Sleepy Hollow: Managing Change & Building for Diversity. This blueprint for inclusive economic growth in The Village of Sleepy Hollow (The Village) features strategic policy recommendations to address its growing population, take advantage of new development and preserve the community’s rich diversity.

Sleepy Hollow, a historic village nestled on the east side of the Hudson River, suffered from an economic recession brought on by the closure of the General Motors (GM) manufacturing plant in 1996. However, the former GM site is currently being redeveloped as Edge-on-Hudson, a 1,100 unit luxury housing community, which will likely attract an influx of families to the area – joining a vibrant community of Latin American and Caribbean immigrants who have moved to the Village over the past two decades.

To match these exciting opportunities with equally smart growth strategies, the Village of Sleepy Hollow partnered with ULI NY and ULI Westchester/Fairfield to convene an eight-member Technical Assistance Panel (TAP), comprised of development, environmental, architecture, transportation, and urban planning experts who volunteer their time and expertise. The ULI NY and Westchester/Fairfield TAP programs provide public officials, community stakeholders, and nonprofit organizations with objective, market-based recommendations to address a broad range of complex land-use challenges.

The Panel was led by TAP Chair Kim Morque, President of Spinnaker Real Estate Partners, with support from ULI NY Executive Director Felix Ciampa and ULI Westchester/Fairfield Director Mara Winokur, and collaborated extensively with Sleepy Hollow Mayor Ken Wray. Over a two-day period, participants analyzed the Village’s geography and demographics, reviewed current laws, and spoke with residents and business owners to learn about the challenges they face. This work ultimately informed a series of recommendations to address redevelopment in the area and improve the lives of Sleepy Hollow residents.

“Sleepy Hollow is one of New York’s most storied communities, and in order to remain a vibrant home for both current and future residents, we need economic growth that starts from the bottom up,” said Village of Sleepy Hollow Mayor Ken Wray. “This report provides a comprehensive strategy focused on the needs of all Village residents, ensuring the diverse Sleepy Hollow community truly benefits from new private and public investments.”

“Sleepy Hollow’s growing population and location on the banks of the Hudson River make it ideally positioned for new development and investment,” said Kim Morque, President of Spinnaker Real Estate Partners and TAP Chair. “I was proud to work with all of the panelists to help ensure that economic growth in Sleepy Hollow truly benefits all members of the community.”

“Our Technical Assistance Panels have worked to support sustainable and inclusive growth in other communities in New York, and A Vision for Sleepy Hollow is yet another great example of how we can work with residents and elected leaders to plan for the future,” said Felix Ciampa, Executive Director of Urban Land Institute New York. “I commend the volunteer members of the Sleepy Hollow TAP for producing an insightful report and we look forward to working with Mayor Wray and the Village of Sleepy Hollow to see many of these proposals implemented in the years ahead.”

The study covered the area from Beekman Avenue to Wildey Street, and west to the site of the new Edge-on-Hudson development. The report features a number of short term (1-5 years) and long term (5-10 years) recommendations.

Key recommendations include the following:

  • Redesign streets and build a new park in downtown Sleepy Hollow
  • Expand shuttle service from the Metro-North train station
  • Create a Beekman Avenue Merchants Association or Business Improvement District
  • Work with the local Chamber of Commerce to host a Town Hall in Spanish to engage the growing Latino community
  • Make changes to the tax and zoning codes to foster additional growth

A full copy of the report is available here.

###

About the Urban Land Institute New York

ULI New York provides leadership in the responsible use of land and in the creation of sustainable, thriving communities. ULI New York promotes an open exchange of ideas, information, and experience among industry leaders and policy makers dedicated to creating better neighborhoods. ULI offers in-depth analysis of current land use issues and educates real estate professionals on the impact of land use policies on the City’s future. The organization also invests in the professional and personal development of the next generation of community and real estate industry leaders. ULI New York carries out, at the local level, the mission of ULI, a global non-profit headquartered in Washington D.C with almost 40,000 members worldwide. For more information, visit https://newyork.uli.org/.

About the Urban Land Institute Westchester/Fairfield
The mission of the Urban Land Institute is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. The mission of the Westchester/Fairfield District Council is to enhance the experience of the ULI local members by bringing national meetings content and contacts to the local level. The District Council will strive to provide a local platform for ULI members which is open, friendly, easy to access and that encourages educational enrichment, personal development and networking opportunities.

About the Village of Sleepy Hollow
Immortalized in Washington Irving’s famous tale, The Legend of Sleepy Hollow, the “real” Sleepy Hollow is now a modern village that is home to a diverse population of nearly 10,000 residents.  Located 25 miles north of New York City along the eastern shore of the Hudson River, The Village of Sleepy Hollow offers a unique blend of natural beauty and urban amenities along with world-renowned historic landmarks and modern attributes. This remarkable mix contributes to an enviable quality of life for residents – even as it attracts thousands of visitors throughout the year.

ULI Westchester/Fairfield Technical Assistance Panels.

This entry was posted in Member Company News. Bookmark the permalink.

Comments are closed.