White Plains plan calls for chic renovation of Bloomingdale Road site
The former Nestle Co. headquarters is headed for a $30 million makeover to include renovations to the existing office building and the addition of chic boutiques and a restaurant with outdoor dining under a proposal scheduled for a public hearing next month.
The Venue at Bloomingdale Road, which has been approved by the Planning Board, is actually a renewal of a plan approved by the city in 2008 that fell through when the economy collapsed. The approvals lapsed last year and new owners, the Caspi Development Co. and Faros Properties, applied for new permits in February.
The 6-acre property is at 120 Bloomingdale Road with national and international boutiques and a 6,000-square-foot restaurant and al fresco dining area. Caspi said the new retail tenants “will offer high-end shopping at boutiques that right now are only found in Manhattan. This seems like a natural continuation of what is going on in White Plains right now, with a more urban destination feel.”
Developers estimate that The Venue would bring $600,000 a year in sales tax to the city and $250,000 in annual property taxes.
If approved, Caspi said construction will begin in the third quarter of 2015 and take 18 months to complete.
The plan is schedules for a public hearing at the Common Council’s May 6 meeting.