Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WHITE PLAINS-New York-Presbyterian Hospital’s proposal to build a $265 million biomedical research and cancer treatment facility could come up for a vote by the White Plains Common Council on Aug. 5.

Recently, in an attempt to offer alternatives to the City of White Plains, in addition to moving forward with its plan to build two, 192,000-sf buildings on property adjacent to Bryant Avenue, the hospital has recently proposed two new sites for its proposed plan. The alternate sites would involve either the construction of one, 384,000-sf building, or the development of a large building to house biomedical research operations and a smaller structure to house a “Center for Advanced Proton Technology.” The facility would utilize proton beam accelerator technology, which is used for cancer diagnosis and treatment. There are currently only two such facilities nationwide.

The White Plains Common Council, which recently designated the hospital’s environmental submittals as complete, could decide on the venture’s site plan application at its next meeting on Aug. 5. Thereafter, while some other approvals may be necessary, the hospital would basically be able to move forward and plan for construction and take steps necessary to obtain financing.

The proposed biomedical facility has been highly controversial as citizens have voiced concerns over the project’s use, traffic and other issues. In addition, some city residents have been looking to have the hospital preserve a portion of its grounds as open space and donate the land for use as a city park. Several years ago, the hospital offered to set aside 60 acres for a public park, but when the city refused to review its biomedical plans, the park offer was withdrawn.

While no construction timetable has been released, if the project obtains site plan approval, New York-Presbyterian Hospital will be “aggressively seeking financing” for the project, according to hospital spokesman Geoffrey Thompson.

He says that the hospital wants to get the project started as soon as possible, but noted that, “It is impossible to secure financing without an approved site plan and without an approved site.”

Thompson says the earliest construction on the project would be in late 2002 or early 2003. Construction would take approximately 30 months to complete. The project is expected to create approximately 450 construction jobs and 958 permanent jobs once completed.

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?


Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.