The Yonkers Industrial Development Agency has granted preliminary approvals for an incentives package in support of a new 14-story residential building. Located within the Monarch at Ridge Hill planned community, the tower will debut as Horizon at Ridge Hill and is the community’s third residential tower.
Designed by David Lawrence Mammina Architect with interior design studio Lemay + Escobar, Horizon at Ridge Hill will improve a vacant lot at 601-701 Ridge Hill Boulevard in Yonkers and will eventually house 180 rental apartments. Horizon will comprise 225,000 square feet, which includes seven studio apartments, 105 one-bedrooms, 64 two-bedrooms, and four three-bedroom floor plans. Residents will have access to an adjoining amenities building housing a fitness center, a children’s playroom, a movie theater, and pool.
The developer of the project is Hudson at Ridge Hill LLC, whose parent company is Azorim, Israel’s largest development company. Completed by the same developer, the previous two towers include a 162-unit condo property and a similarly sized rental building with 180 apartments.
The developer’s original master plan included a fourth residential tower positioned south of Horizon at Ridge Hill, but it is unclear when the final tower might break ground. Representatives have also not confirmed an anticipated date of completion for Horizon at Ridge Hill.