Developers Land Financing, Tenant For Lighthouse Point’s First Phase In St. George, Staten Island

Lighthouse Point, rendering via Triangle EquitiesLighthouse Point, rendering via Triangle Equities

In the summer of 2015, YIMBY brought you new renderings of the Lighthouse Point mixed-use development, in St. George, located immeadiately south of the St. George Terminal on Staten Island. Construction kicked off on the project’s first phase later that year – a 12-story, 116-unit mixed-use building that fronts Bay Street. Its developers – Triangle Equities and Lubert-Adler – have now secured a total $81.7 million in financing from multiple sources. In addition, Commercial Observer reports Regus signed a lease to take 30,000 square feet of the mixed-use building’s 65,000 square feet of commercial space. The remaining 35,000 square feet could be leased as office or retail space, and construction on the first phase is expected to wrap up in 2017. The rest of the project includes repurposing four historic structures and other artifacts, and building a 12-story, 175-key hotel with 15,000 square feet of event space and an additional 23,000 square feet of multi-use commercial space. Garrison Architects is designing.

Subscribe to the YIMBY newsletter for weekly updates on New York’s top projects

Broad Exchange Horizon
.

1 Comment on "Developers Land Financing, Tenant For Lighthouse Point’s First Phase In St. George, Staten Island"

  1. Glass in the air was gleamed with brick look nice and grade the area gorgeous gradually, I hope and trust that the city is number 1 for grandeur.

Comments are closed.