Yonkers Housing Authority’s New $296 Million Masterplan To Turn Cottage Place Gardens Into A Modern, Mixed-Income Community – Brian Harrod

The Ridgeway is being developed by the Municipal Housing Authority for the City of Yonkers (MHACY) and is the fifth phase of the six-phase master plan to redevelop the distressed Cottage Place public housing complex

YONKERS: The city of hills construction on this project to transform an obsolete public housing site into a neighborhood of choice for people with a mix of incomes.

QUOTE: Cottage Garden’s redevelopment points to the positive momentum happening right now in Yonkers as we revitalize our neighborhoods and improve the lives of the residents who live here,” said Yonkers Mayor Mike Spano.

“We are building a stronger, a more sustainable community for residents, thanks to the support of our federal, state, private and local community partners and their commitment to Yonkers. I look forward to the great improvements that will be made to this very deserving neighborhood.”

The mixed use development will have 500 units of housing and off street parking spaces.

The total development cost for the entire multi-phase project is estimated to be $296 million.

The units are affordable to families with a mix of incomes, ranging from 30% to 90% of Area Median Income (AMI).

The community will include will also include a new Early Head Start day care center serving infants and toddlers.

The project also includes a 33,000 s/f central open space.