Growing Westchester's Economy Through Modern Zoning
These days, it seems like everywhere you turn, more and more people are talking about "repurposing" Westchester County's existing commercial real estate assets to meet market demand. We're tickled that so many business leaders and municipal officials now share our...
view that Westchester's communities must allow for zoning flexibility to meet today's market demands, if the county is to remain competitive in a global economy. Repurposing helps local communities balance budgets by growing their business tax base while alleviating the residential burden. Repurposing also accounts for changes in the economy to allow new uses that are more in alignment with today's business needs. An example would be if a vacant building zoned for office use was re-zoned for research and development or medical use, two of Westchester's fastest growing sectors.
Since daylighting the need to repurpose existing commercial real estate assets when launching THE BLUEPRINT for Westchester, our major economic development initiative in May of 2011, the Town of Harrison has announced they will look at their Master Plan for both their downtown and the I-287 Corridor. The City of White Plains recently announced they are going to look at allowing additional uses to the zoning of their properties along the I-287 Corridor and more recently, 120 Old Post Road's owner (Alfred Weissman Real Estate) has filed a petition to amend zoning regulations to allow hotels as a permitted use.
We'll keep pushing for the right kind of change to grow Westchester's economy. And as the song says: The best is yet to come!