PROJECT UPDATE: Orange County IDA Approves $31 Million in Incentives for 3.2-Million SF Amazon Project in Wawayanda
The facility is expected to be the second-largest Amazon fulfillment center in New York State, surpassing those in New York City.
The facility is expected to be the second-largest Amazon fulfillment center in New York State, surpassing those in New York City.
The $607-million project is believed to be one of the largest private industrial developments in the history of Orange County.
The two organizations plan to conduct due diligence and finalize definitive agreements by the end of 2025, followed by the pursuit of required regulatory approvals.
The competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3-billion investment.
“This strategic plan is nothing like I have ever seen or been a part of,” Grasso related.
Some observers had written off the project as dead back in June when the Town of Wawayanda’s Zoning Board of Appeals voted unanimously (4-0) to reject a needed height variance for the Amazon project.
NYSDOT now estimates the completion of the FEIS and the release of the study’s Record of Decision in the fall of 2026.
In terms of existing home sales, NAR now expects a 3% increase in 2025 as compared to 2025, while it anticipates a 14% jump in existing sales in 2026 as compared to this year.
The $8-billion Metropolitan Park casino project to be developed adjacent to Citi Field in Queens by billionaire New York Mets owner Steve Cohen advanced today thanks to a unanimous 6-0 vote by its CAC.
The Resorts World New York City proposal features a 5.6 million-square-foot integrated resort that will allow for 6,000 slot machines, 800 gaming tables, 2,000 hotel rooms, a 7,000-seat arena, over 7,000 parking spaces and over 30 food and beverage outlets.
With the 5-0 CAC affirmative vote, the Yonkers project now advances for full consideration with the New York State Gaming Location Board.
According to the New York State Gaming Commission website: the CAC for the Empire City project has scheduled a final vote on the $2.3-billion project on Thursday, Sept. 25 at 10 a.m.
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