Brookhaven IDA Approves Incentives For Assisted Living Facility In
Transcription
Brookhaven IDA Approves Incentives For Assisted Living Facility In
Brookhaven IDA Approves Incentives For Assisted Living Facility In Patchogue FARMINGVILLE, New York – Brookhaven Industrial Development Agency (IDA) Chairman Frederick C. Braun, III announced that the IDA board has approved incentives for D&F Patchogue A.L. LLC, which intends to build an assisted living facility on vacant property in the heart of downtown Patchogue. D&F, a developer of affordable family and senior housing based in Levittown, plans to construct an 87,000-square-foot, 5story, 128-unit facility on 1.33 acres at a cost of about $31 million. The facility will include 46 memory-care beds. The facility initially will be owned by D&F and managed by Des Moines, Iowa-based Life Care Services, a national provider of assisted living services. The project received zone change approval from the Village of Patchogue last year. The project, at 18 Maple Ave., 22 Maple Ave. and 131 E. Main St. in Patchogue Village, will provide affordable senior housing with an emphasis on special needs such as the frail elderly and those with mobility impairments. It will create 50 new jobs within two years and 164 construction industry jobs. Construction is expected to take about 20 months. The IDA financial package includes a PILOT (Payment-in-Lieu-of-Taxes) agreement for the project. The developer also was granted exemptions from sales tax on construction materials and equipment. "Patchogue Village is an ideal location for this project," said Brookhaven Town Supervisor Ed Romaine. "It's a very active downtown setting where residents and their families will be just a few steps from restaurants, stores, the library, theatre and more. I commend the IDA for working with D&F to ensure that this moves ahead, providing much needed jobs in our community." “This project will provide an attractive residence for seniors in the Village of Patchogue and surrounding areas within the Town of Brookhaven who wish to remain in the communities they helped to build and be near their families, while providing services that will allow the seniors to be cared for in a hospitable setting,” Chairman Braun said. In the last year, the IDA assisted 15 commercial projects including Rail Realty, an apartment complex in upper Port Jefferson Village; Meadows at Yaphank Phase 1, a mixed use development in Yaphank; a solar installation on the roof of Clare Rose’s facility in Yaphank, and Sayville Browning, an extended stay hotel in Ronkonkoma. About the Town of Brookhaven Industrial Development Agency Since 1971, the mission of the Brookhaven Industrial Development Agency has been to promote the economic welfare and prosperity of the Town of Brookhaven by assisting in the acquisition, construction, reconstruction, and equipping of commercial and industrial facilities as well as rental housing projects. The IDA has issued millions of dollars in tax-exempt and taxable bonds on behalf of more than 70 companies encouraging them to either locate or expand in the Town of Brookhaven. This assistance has been extended to companies both large and small, and has resulted in the direct creation of thousands of jobs for Brookhaven residents. The IDA has provided assistance to a wide range of companies, including Quality King, Woodcrest Senior Housing, Suffolk Transportation Service, Intercounty Appliance, Caithness Energy, United Baking (Uncle Wally's), Framerica, and Motorola (Symbol Technologies). For more information visit BrookhavenIDA.org or call 631-451-6563.
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