Rivertowns Square

Rivertowns Square

Developers Team Up For 138-Key Hotel At Riverside Square Project, Dobbs Ferry

10:00 am on September 28, 2015 By Reid Wilson

Last summer, a developer was brought in to build the 202-unit residential portion of Rivertowns Square, a mixed-use project in Westchester’s Dobbs Ferry, and now the lead developer, Saber Dobbs Ferry LLC, is bringing in Maryland-based Baywood Hotels Inc. to construct and manage a 138-key, 83,000 square-foot Hilton Garden Inn, per Westfair. The hotel will be located at 35 Livingstone Avenue, atop a two-story retail podium, formerly the site of a research facility. The head developer secured a $42 million loan earlier this month, and completion is expected in 2016.

Rivertowns Square

Developer To Build 202-Unit Rental Building At Rivertowns Square, Mixed-Use Project In Dobbs Ferry

6:00 am on August 17, 2015 By Reid Wilson

Dallas-based Lincoln Property Company has paid $9.6 million for a lease to build the residential portion of Rivertowns Square, a mixed-use development located off the Saw Mill River Parkway, in Westchester’s Dobbs Ferry. According to Westfair, a 202-unit, 277,000 square-foot rental building is planned on Danforth Avenue. Dobbs Ferry Capital Partners and Saber Real Estate Advisors are developing the overall project, which will include an 138-key hotel on Livingstone Avenue, and 112,000 square feet of commercial space, which is now 80% leased. An office campus has already been demolished to make way for the new construction, and opening of the first commercial building is expected next summer.

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