Sunday, April 19, 2015

JPI Proposing 296 Multi-Family Apartments Jefferson at Saw Mill River


Photo from JPI website

Greenburgh, NY, April 13, 2015—JPI is currently proposing Jefferson at Saw Mill River, a new amenity rich, high quality multifamily apartment community located at One Lawrence Street in Greenburgh. Prior to the submission of an application to the Town, JPI will host an informational Community Open House event for area residents to learn more and provide input about the Jefferson at Saw Mill River. Additional information about the apartment community will be posted on Jefferson at Saw Mill River’s website and will arrive in mailboxes this week as a precursor to the Community Open House.

“JPI looks forward to becoming a welcome neighbor in the Greenburgh community,” said Stephen Hutto, JPI’s Vice President of Development. “We understand the importance of working with the community to develop a project that meets a growing need for a wider variety of housing choices and generates significant revenue for the future benefit for the Schools, Town and County residents.”

The Jefferson aims to bring new energy to a corner of Greenburgh by complementing the Town of Greenburgh Draft Comprehensive Plan’s overall vision for a vibrant Southern Research and Development node. To help facilitate this vision, JPI will spend several million dollars cleaning up environmental contamination left on the site as a result of its historical use as a chemical plant by Azko Nobel and others. By bringing this property up to the highest residential standards, the long dormant, contaminated land will provide much needed access to diverse rental housing to those working for target STEM and biotech employers in Southern and Central Westchester County.

“We want the community to know that we are listening,” Hutto remarked. “We invite area residents to attend our Community Open House to learn about the data supporting the fact this apartment community is a win-win for Greenburgh and the surrounding community.”

Jefferson at Saw Mill River’s Community Open House event will be held on Wednesday April 22, 2015 at Life…The Place to Be (2 Lawrence Street, Ardsley). All community members are welcome to stop by anytime during the event hours of 6-8 p.m. to learn more about the traffic improvements, environmental cleanup, new streams of revenue and more that will result from Jefferson at Saw Mill River.

For more information about Jefferson at Saw Mill River, please visit www.jeffersonsawmill.com or find us on Facebook at www.facebook.com/jeffersonsawmill.

About JPI

JPI is a national developer, builder and investment manager of Class A multifamily assets in select US markets headquartered in Texas with offices in Arizona, New York and California. With over a 20-year history of successful developments throughout the major US markets and an unparalleled depth of industry specific experience, JPI stands among the most active privately held real estate companies in the country. JPI's executive leadership team has an average of 25 years of comprehensive experience in multifamily developments ranging from low density garden apartments, mid to high density wrap and podium projects, student living housing projects and mixed use high rise developments. The firm offers investment management, pre-development, underwriting, marketing and asset management services as well as construction, financial and administrative services. To learn more about JPI, please visit www.jpi.com.


Contact: Greg Belew
Managing Regional Partner-Eastern Region
Phone: 212-660-0250
info@jeffersonsawmill.com

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