WESTCHESTER COUNTY, N.Y. - After more than a decade of development, VillaBXV is welcoming residents to its luxury downtown condominiums in the heart of Bronxville.
Officials opened the doors to VillaBXV last, finally unveiling the 53-home building on Kensington Road, more than a decade after the plan for the property was first introduced.
Beginning at 4 p.m. on Wednesday, Villa BXV will enjoy a grand opening reception of the new residences hosted by developer John Fareri and Bronxville Mayor Mary Marvin.
Developers have been attempting to redevelop the site since the mid-2000s, when a previous developer was caught in the housing market collapse and was unable to move forward with the proposal.
Three years ago, the Village Board of Trustees re-opened the development, with construction commencing at the site in the summer of 2015, including excavation and site work next to the Metro-North train lines.
Excavation work included the removal of 20,000 cubic yards of contaminated soil from the site, which formerly had been the home to a local utility company that provided electricity to the village for a century.
According to officials, Fareri Associates - who was ultimately chosen to develop the site - “held on to the essential architectural design that had already been approved by the Village. However, the company made numerous adjustments to floor plans, window designs and made a myriad of often subtle changes to interior and exterior design elements that significantly enhanced the aesthetic appeal and of the building and the layouts of the residences.”
VillaBXV will include one, two and three-bedroom residences between 1,300 and 2,000-square-feet. There are also Garden-level homes with “expansive patios” and penthouses ranging in price from $1.1 to $3.6 million.
“The redevelopment of this property has been a long time coming and what has been created by John Fareri and his partners is something we all can be proud of,” Bronxville Mayor Mary Marvin said.
“It fits in perfectly, provides wonderful new residential opportunities, many of which have been taken by Village residents who are downsizing from large homes, and replaces what has long been an under-utilized site. In many ways, it has been the missing piece in the downtown and now it has been seamlessly filled with this great new building.”
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