Douglaston and RUPCO to Redevelop Kingston Business Park
What happened
Kingston-based non-profit RUPCO and New York City firm Douglaston will partner to redevelop the Kingston Business Park off Delaware Avenue into a mixed-use, mixed-income neighborhood. The city and the Kingston Local Development Corporation announced the partnership, which was selected after a competitive Request for Expressions of Interest process overseen by Mayor Steve Noble’s office.
From dailyfreeman.com
Why it matters
The project aims to transform the underutilized Business Park into a destination while preserving existing commercial activity and open space. Douglaston, which has experience in large-scale development and has financed approximately $3 billion in development, will lead the transformation.
From dailyfreeman.com
Who's involved
- Steve NobleMayor of Kingston, whose office oversaw the selection of the development partners
- DouglastonNew York City development firm partnering on the large-scale mixed-use redevelopment
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- DouglastonSpeculative
Douglaston could see increased revenue from securing a major, publicly backed development contract
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The entities involved
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Steve Noble
mayor
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Kingston
city in Ontario, Canada