MOUNT VERNON-New York State has approved a section of downtown Mount Vernon to be Westchester County’s second Empire Zone. The designation will afford substantial tax incentives to spur private sector investment and job creation.

The announcement of Mount Vernon’s approval as an Empire Zone was made on Friday, June 14 at the Mount Vernon East Metro North Station by Governor George Pataki. A host of city, county and state dignitaries were on hand for the event. Earlier this year, a section of the City of Yonkers was approved as an Empire Zone.

State officials say the Empire Zone will generate a projected $283.8 million in new business investment in the City of Mount Vernon and will lead to the creation of 1,790 new jobs and the retention of another 875 jobs.

The zone entails a two square mile from the downtown district to Sanford Blvd., which is located near the city’s border with the village of Pelham.

Commenting on the approval of the city’s Empire Zone application, Mount Vernon Mayor Ernest Davis says, “It has been a long journey and we are grateful to Governor Pataki for his consistent support and understanding. I would also like to thank the legislature for recognizing the need of a major city. Because of the Empire Zone we expect to improve the quality of life and create jobs and opportunity. It will make the city stronger, the county stronger and the state stronger.”

A major initiative that will be able to move forward due to the designation is “The Mount Vernon Downtown Revitalization Plan,” which features $210 million in development, including a sports arena proposed by Mayor Davis, a 300-room hotel, an office building complex, a convention center and new retail mall. In addition, an intermodal transportation center is planned for the downtown district as well. The revitalization plan is expected to create 1,000 new jobs.

Another major project that will benefit from the Empire Zone designation is a $50 million retail development on Sanford Blvd. that is expected to create 324 new jobs.

State and city officials also report that a number of local firms plan to expand their operations in Mount Vernon including: Michael Anthony Jewelers, which plans to invest $10 million in its manufacturing operations. The expansion project will create 300 new jobs and retain the existing 650 member Michael Anthony workforce. A&P Coat, Apron & Linen Supply plans to invest $13.2 million in an expansion of its Mount Vernon facilities, and Secs Inc. and Promptus Electronic Hardware Inc. will pump $600,000 into their city operations. The firms will create 16 new jobs and retain 93 existing workers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.