RXR SOYO Exalta
Rising development has invested in downtown Yonkers for the last eight years. RXR and Rising are contemplating a joint venture to undertake this development. The project is proposed to be a mixed use, transit-oriented development project, which will be located at the center of downtown Yonkers on a nearly full square block adjacent to the newly created Van Der Donck Park, a recently completely 1.8 acre river-themed park featuring the “daylighted” Saw Mill River. The site is nearly completely vacant, except for several modest outdated structures. The construction of the building will create approximately 442 market rate rental units, retail and restaurants with 509 parking spaces as well as required affordable units.