R5 St. Agnes Hospital Project Moving Forward

The redevelopment of the 23-acre former St. Agnes property in White Plains is taking shape. The ownership of the complex has nearly completed $4 million in improvements to the Westchester Medical Pavilion building at the campus.

Alfred Caiola, a managing member of North Street Community, LLC was the keynote speaker at a May 20 meeting of the Westchester County Board of Realtors’ Commercial Investment Division where he discussed the redevelopment plan for the campus, the site of the former St. Agnes Hospital campus. The hospital closed in 2003 and was acquired by North Street Community LLC in December 2004 in a foreclosure sale.

He said the improvements to the Westchester Medical Pavilion are part of the first phase of a multi-phased plan to create an age-restricted residential and healthcare community at the site.

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The improvements undertaken or planned at the Medical Pavilion include new windows, HVAC, a redesigned and renovated lobby a courtyard and enhanced security for the 72,000-square-foot building. Tenants include Hospice & Palliative Care of Westchester, Urogynecology and Advanced Pelvic Surgery PC and the Edna L. Roker Social Adult Day Care Center.

Other parts of the redevelopment project include the conversion of the former St. Agnes hospital building into 112 to 140 units of assisted living units; the construction of four buildings of 335 independent living luxury condominiums for people aged 60 and over; and the continued operation of the existing Children’s Rehabilitation Center on the property, according to a published report in the Westchester County Board of Realtors’ newspaper Real Estate In-Depth.

The developer wants to provide senior citizens who want to grow older in the area a state-of-the-art option to live out their lives with first-class medical care in a luxury residential setting.

“The project currently underway will create the premier senior living facility in Westchester County with an intergenerational aspect providing on-site health care services for both independent and assisted living residents,” Caiola said in the published report. “Residents will be able to age in place, as is the trend now, and do it all in an elegant park-like setting.”

North Street Community recently partnered with The Engel Burman Group to redevelop the 150,000-square-foot former main hospital building into a first-class assisted living community.

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The rehab work for the assisted living units is expected to begin this August or September after some minor zoning amendments regarding parking are approved, Caiola said.

The luxury condominium construction could begin by the mid-summer of 2010 after all the financing is in place, he told reporters at the event.

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