In a landmark decision, the Village of Mineola has granted approval for a groundbreaking $85 million mixed-use project that is set to transform the landscape of the local community. According to a report by Long Island Business News, the eagerly awaited development known as "The Bridge" has been given the go-ahead, marking a significant step forward in the village's ongoing revitalization efforts.
The driving force behind this transformative venture is Third Street Associates, a respected local firm with a 40-year history of contributing to Mineola's business landscape. The project is poised to introduce a dynamic transit-oriented development that not only addresses the region's housing needs but also enhances the overall community experience.
The heart of The Bridge lies in its eight-story structure, which is poised to rise on a .64-acre parcel of land strategically located opposite the Mineola Long Island Rail Road station. This prime location ensures seamless connectivity for residents, making commuting and travel a breeze.
Among the project's standout features are 119 thoughtfully designed apartments that cater to varying needs. Comprising 84 one-bedroom units and 35 two-bedroom units, the development aims to accommodate a diverse range of lifestyles. Remarkably, 10% of these apartments have been earmarked as workforce housing, a progressive move that reflects the developers' commitment to fostering inclusivity.
Envisioned as more than just a living space, The Bridge will encompass a 10,000-square-foot multi-functional event space, catering to a multitude of community activities and gatherings. The development also boasts a state-of-the-art fitness center, providing residents with an opportunity to prioritize their health and well-being.
However, the crowning jewel of The Bridge is undoubtedly its rooftop deck, complete with a pool and a lounge area. This amenity promises breathtaking views and a space for residents to unwind and socialize in style. Each floor will also host tenant lounges, further fostering a sense of community and interaction. Not to be overlooked, the project will also provide ample storage space for tenants, ensuring convenience and practicality.
Ross Levine, Principal of Third Street Associates, expressed enthusiasm for the project, saying, "Our family has been doing business in the Village of Mineola for 40 years, and we’re excited to be a part of its ongoing revitalization. We look forward to being part of the solution for Long Island’s housing needs and also providing a space that can help support all of the downtown businesses."
The vibrant collaboration between the Mineola Chamber of Commerce and local community leaders has amplified the project's significance. Their unwavering support throughout the various public meetings has underscored the development's alignment with community interests. Additionally, Vision has lent its support during the crucial hearing phase, cementing the project's importance on a broader scale.
The Village of Mineola's forward-thinking approach paved the way for the project's approval under the downtown overlay zone. As anticipation mounts, construction is slated to commence in early 2024. The estimated construction timeline ranges from 21 to 24 months, promising a swift transformation that will redefine the essence of community living in Mineola.
The Bridge project isn't just about bricks and mortar; it's about building bridges between living spaces, community engagement, and a promising future for Mineola. As the development inches closer to realization, residents and observers alike eagerly await the positive changes it will bring to the Village of Mineola and the Long Island region as a whole.