Simone Development Companies Celebrates Grand Opening of Boyce Thompson Center in Yonkers
For nearly four decades, the Boyce Thompson Institute plant research center building in Yonkers, NY sat abandoned and deteriorating, its walls covered in graffiti, greenhouses in ruins and grounds overgrown.
Joe Simone, President of Simone Development Companies joined with Yonkers City Officials to celebrate the remarkable transformation of this historic building into the Boyce Thompson Center, an innovative 85,000-square-foot mixed-use center featuring premier office/medical space, retail stores, restaurants and banking.
“The grand opening celebration represented an important milestone for Simone Development and the City of Yonkers. What was once an eyesore will now be generating tax revenue for the City, creating jobs and bringing new retail and healthcare services to the residents of Yonkers and nearby Rivertown communities. We are especially pleased to be preserving an important piece of history for Yonkers and Westchester County,” said Mr. Simone, the developer of the $35 million project.
Built in the 1920s, the property was acquired by Mr. Simone whose company meticulously restored the main building to its original character with a glorious new plaza and fountain.
Joe Simone said the adaptive repurposing of the Boyce Thompson Center provided the company with a unique development opportunity. “Not only are we restoring an important historic building, we are also creating a mixed-use development that incorporates state-of-the-art medical space with retail, restaurants and other services. As healthcare becomes more consumer-driven, facilities such as the Boyce Thompson Center will become more attractive to medical practices and ambulatory care facilities that want to be located in an environment that offers patients and employees easy access to retail stores, restaurants and free parking,” Mr. Simone said.
Joe Simone, President of Simone Development Companies Announces Major New Lease at Boyce Thompson Center
Joe Simone, President of Simone Development Companies, has announced that WESTMED Medical Group, a large, Purchase-based multi-specialty medical practice, has signed a long-term lease for 20,000 square feet at the Boyce Thompson Center, an exciting new 85,000-square-foot mixed-use center nearing completion in Yonkers, NY.
“We are very pleased at the level of leasing activity we are seeing at the Boyce Thompson Center. This unique and innovative project is attracting a wide range of tenants including medical practices, restaurants and retail. We look forward to our opening this fall,” said Mr. Simone.
WESTMED will occupy two floors at the Boyce Thompson Center in a new 20,000 square foot building constructed on the south side of original Boyce Thompson building and connected to it by glass-covered connector corridor between the buildings that provides access to the lower level. The complete line-up of specialty medical practice providers at the new WESTMED location are still to be determined.
With the new lease, the Boyce Thompson Center is now over 70 percent pre-leased to 11 tenants. Located off Executive Boulevard in Northeast Yonkers, the Boyce Thompson Center is an innovative mixed-use development featuring Class A office space for businesses and medical practices, retail stores, banking and restaurants.