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Son of City Center: Cappelli's Back! Proposes 34 Story Hotelondo & 28-Fl. Office Posted on Friday, October 25 @ 01:05:37 EDT by jfbailey

Government WPCNR Common Council Chronicle-Examiner. By John F. Bailey. October 25, 2002: Louis Cappelli presented his plans for the former Halpern property on Main Street Thursday evening at a marathon Council work session still going on at midnight. He unveiled plans for a 34-story hotel and condominium fronting Main Street, backed by a 28-story state-of-the-art office complex overlooking Hamilton Avenue.

The Council got a first look at the new Community Theater planned for the City Center.


THE SUPER DEVELOPER PRESENTS MAIN STREET MAKEOVER: Cappelli said he has financing in place from four banks for a $320 Million Hotel-Convention-Center-Condo-Office Palace planned for "221 Main Street," formerly owned by Jon Halpern, which Cappelli purchased for $16 million last month.
Photo by WPCNR



The first 10 stories of the "Hotelondo" will be devoted to a Four-Star Westin Hotel with ballrooms, conference facilities and 200 rooms, topped with 24 more floors of high end condominiums. The office complex on Hamilton seen behind the Bar Building to the left will be designed for one corporate entity occupancy. He said The New York Stock Exchange was definitely a tenant "within the realm of possibility."

The hotel's grand entrance on Main Street will be flanked by upscale retail.

Court Street Extension at Last!

Court Street is planned to be extended through to Hamilton Avenue, which Cappelli will finance. Entry to the hotel complex will be made from the newly expanded Court Street. Parking will be below the hotel and office building. The rear portion of the Bar Building is planned to be condemned to make way for the project.

The Super Developer points to the Main Street view of the complex. The whole shebang depends on Cappelli being granted the right to transfer 550,000 square feet of development rights from the City Center project, which is contingent on Council passage of transfer of development rights zoning.

CURTAIN GOES UP ON WHITE PLAINS CENTER FOR PERFORMING ARTS, as Kip Bryant, architect from Shapiro, Petraukas, Gelber showcases the spectacular 415-seat, two-level theater complex integrated into the third floor of City Center.
Photo by WPCNR News

The Theater will present a 40-foot stage, with 20-foot high proscenium with dressing rooms, rehearsal rooms, offices, and multi-purpose rooms below the stadium-seating.

It is planned to open in October, 2003, together with the new "dancing lights" Main & Mamaroneck fountain at a cost of $7,000,000 maximum. Louis Cappelli has agreed to contribute an additional $1.6 million to his $500,000 (for a total of $2.1MM) stake already pledged to the fountain.

Mayor Delfino and Benjamin Boykin said they had a pledge from County Executive Andy Spano to provide funds for the fountain plaza makeover, plus other state funding. George Gretsas, Executive Officer, said aid to compete the $7MM stake was pledged by state officials.

Mr. Bryant, in the picture, points to the lobby design which will be entered from the skywalk from the new City Center Parking Garage, or from Mamaroneck Avenue. The council will be asked to approve ordinances authorizing the $7MM expenditure shortly to keep the project on track for an October, 2003 debut.

The council is under pressure to pass both the transfer of development rights legislation and the $7MM theater and fountain agreement shortly.

Cappelli Announces he has bought the Corner Nook, bookstore and Deli string.

Cappelli told the Common Council the City Center was on schedule for an October 2003 opening, but that he was redesigning the former EJ Conroy drive area between the City Center and the new City Center Garage. The reason for the redesign is to incorporate the use of the property adjacent to the A & P on Main Street which he had just purchased Thursday evening for $2 million.

He announced plans to help tenants such as the Corner Nook and the bookstore and the delicatessen that occupy the site now to relocate to either the City Center or the new retail complex in his new Main Street Hotel complex.


 
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