Westchester LDC Approves $52M Bond Financing for NY Blood Center’s $108M Project
The Westchester County Local Development Corporation (LDC) has given preliminary approval for $52 million in tax-exempt bond financing to assist the New York Blood Center Inc. in redeveloping the former Avon headquarters at at 601 Midland Avenue in Rye. The approval, which was granted October 20, will facilitate the transformation of the old headquarters into a 187,000-square-foot facility, entirely leased to the New York Blood Center for offices, testing and research laboratories, along with processing, storage, and distribution of blood and related supplies.
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New York Blood Center Breaks Ground on Commercial Campus in Westchester County
New York Blood Center Enterprises will soon open its first vertical campus in Westchester County, New York, where construction broke ground this month. Located at 601 Midland Avenue in Rye, the existing building will be gutted and transformed to accommodate state-of-the-art life sciences research space, blood collections tools, and cell therapy manufacturing facilities.
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