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WPCNR COUNTY CLARION-LEDGER. From the Westchester County Board of Legislators. (Edited) May 19, 2011:
Plans for a new bio-technological business park and education center adjacent to the Westchester Medical Center in the Grasslands section of Mount Pleasant took a big step forward this week when the Westchester County Board of Legislators (BOL) began addressing legislation that would authorize the Astorino Administration to enter discussions regarding a long-term lease agreement on 60 acres of County owned property for the development.
The proposal was presented by developer John Ferari, who is well known for spearheading the creation of the Maria Ferari Children’s Hospital at the Westchester Medical Center in Valhalla, NY
Mr. Ferari’s plan includes six new green buildings (totaling two million square feet) dedicated to bio-tech research spread across a campus, with a hotel, restaurants, shops and a centerpiece Children’s Living Science Center that will stress safe lifestyle choices.
Almost all of the funding for the project will be privately raised. In his presentation to the BOL committee members, Ferari estimated that the project would create 3500 construction jobs and, when completed, 2500 permanent full-time jobs. The project would also generate an estimated $6 million in property tax revenue for the Town of Mount Pleasant and Westchester County.
Board of Legislators Chairman Ken Jenkins (D-Yonkers) and Legislator John Nonna (D-Mount Pleasant) co-sponsored the Memorandum of Legislation discussed at a meeting of the BOL’s Housing, Planning & Operations Committee.
The entire project will encompass 80 acres, which will include 20 acres already owned by Mr. Ferari.
“The spectacular vision Mr. Ferari has for this parcel of property brings together important needs such as job creation and economic development, support for medical research and green building practices, along with promoting awareness for healthy lifestyles,” said Chairman Jenkins. “It is also perfect opportunity to create a positive collaboration between two branches of County government to benefit the residents of Westchester for many years to come.”
In his presentation, Ferari said the bio-tech park and education center was similar to the vision he had 16 years ago when he and his wife Brenda first began planning the Maria Ferari Children’s Hospital. Over $40 million was raised from over 25,000 private donors to make the children’s hospital a reality.
“This is an idea, I think, that we should given strong consideration and support to, given the need in Westchester to move forward economically,” said Legislator Nonna.
The BOL’s Housing, Planning & Operations Committee members emphasized that their discussion of what should be done at the Grasslands campus centers on a collaboration that is important to the Town of Mount Pleasant and Westchester County. The Committee plans to continue public discussion to shape this legislation. Once adopted by the BOL, this legislation would authorize the Astorino Administration to develop the details of the lease of the county-owned land before sending the final contract back to the BOL for approval, said Jenkins.




