SLEEPY HOLLOW, N.Y. The General Motors Corporation is expected to announce a new real estate development for the former GM plant in Sleepy Hollow during 2012, nearly five years after the original developer dropped out.
General Motors is currently reviewing submitted bids on the project.
The new development, called Lighthouse Landing, is expected to bring in about 3,000 more residents to Sleepy Hollow. Sleepy Hollow trustees approved a special permit for the development in June. The new development is expected to bring residential, retail, dining and public space for the site, which sits along the Hudson River, officials said.
A New Jersey-based company, Roseland Property, originally wanted to develop the site in 2003. After five years of negotiating and getting approval for the site, Roseland pulled out from the project.
The GM property has been empty since 1996, when General Motors closed and disassembled its assembly plant.
The new development has not been well-received by the neighboring Village of Tarrytown, which filed a lawsuit claiming it would increase traffic congestion. Sleepy Hollow trustees have been vocal about their feelings on the lawsuit. Trustee Tom Capossela called the suit ludicrous when trustees approved the special permit. He pondered whether Sleepy Hollow should sue Tarrytown over Third Fridays.
You cant drive to Sleepy Hollow on Third Friday with the traffic jam in Tarrytown from Main Street to Baskin Robbins, he said. Should we turn around and sue them for that? I think the lawsuit is frivolous, and its going to do nothing but cost us a fortune.
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