AvalonBay Communities, Inc.
$183 million project
Avalon Yonkers is a proposed apartment development project on three (3) parcels of land in the Alexander Street Urban Renewal Area in downtown Yonkers. The three parcels of land are commonly known as the “ATI site”, the “Sun East” site, and the “Sun West” site (collectively, the “Project Site”). The 2009 Alexander Street Master Plan proposed 3,752 apartments, and Avalon Yonkers will be the first apartment project built within the boundaries of the Master Plan area. AvalonBay proposes to redevelop the Project Site as a multifamily rental community with approximately 609 units, in three (3) separate buildings. In accordance with the City requirements,10% of the units will be designated as affordable