Looking for a little luxury in White Plains? You might not have to wait too much loner. The former AT&T office building at 440 Hamilton Ave. has been unanimously approved by the Common Council to become amenity-filled luxury rental residence with 245 units. The vote, which took place on March 6th, is part of the proposal from Long Island-based developer American Equity Partners I, which bought the building from AT&T. So far, the 350,000-square-foot office building is now mostly vacant. Construction is expected to begin in about eight months.
The White Plains Common Council also said it plans promote more activity in a somewhat dull area of the downtown. We can’t help but wonder how good the internet and wifi service will be! LOL. It all sounds pretty exciting. A floor to the 12-story 1960s building and create new facades featuring “cascading glass ribbons” on the North Broadway side and balconies on other faces of the building. American Equity Partners will add include new landscaping and sidewalk improvements will also give some character and appeal to the nondescript 350,000-square foot property.
When completed, the building will house 41 studios, 120 one-bedroom and 84 two-bedroom apartments. Drum roll…Those include seven duplex “maisonettes” with private ground floor entrances and five penthouses on the new 13th floor. But wait! There’s more! The new floor will include an outdoor recreation area for all building residents, with a pool, BBQ area and lounge.
The building will also feature a gym, game room, theater, bocce court and bike storage. To keep things convenient, a neighborhood market and a cafe are planned for the wide sidewalk area along North Broadway. Lastly, massive parking lot that borders Barker Avenue will be improved with a dog-walking area, new landscaping and four electric vehicle charging stations. As part of the approval, American Equity Partners I will pay a $756,500 fee for a park, playground and other recreational purposes to “mitigate” recreational impact of new development.
The landlord will also set aside 10 percent of the units (or 25 apartments) as affordable housing. That is for people earning 80% or less of the county’s area median income. We would say that’s pretty important…
The developer will use 298 parking spots already on the site and has a joint-use agreement with AT&T to share additional parking spaces at the company’s 400 Hamilton Avenue building next door.
Mayor Thomas Roach praised the project as a way to bring more life to Hamilton Avenue, which he described as sterile, cold and full of concrete. Sounds like an exciting start!