North White Plains Starts $178M Housing Transit Hub

Groundbreaking has officially begun on the $178 million North White Plains transit-oriented development in Westchester County, marking the first project to move into active construction under New York State’s Housing Acceleration Fund. The twin-building residential complex will bring 296 mixed-income apartments directly across from the local Metro-North Railroad station.

New York real estate firm BRP Companies is leading the development on a 2.44-acre parcel, combining public gap funding with private senior debt to expand housing capacity in the Lower Hudson Valley. State officials highlighted the project as a critical milestone in address regional supply deficits through high-density commuter development.

The financial assembly combines public revolving credit with institutional private debt and equity. An $18 million low-interest loan provided by New York State Homes and Community Renewal through its Housing Acceleration Fund provided the initial gap financing required to bring the site to shovel-ready status.

Private construction capital makes up the majority of the stack. Senior debt includes a $120.6 million construction loan from Merchants Capital, supplemented by a $10 million investment from the Community Preservation Corporation. Equity backing of $29.7 million was provided jointly by Basis Investment Group and BRP Companies. The initial financial closing occurred in July 2026, establishing the multi-tiered structure before formal site clearing began.

The complex occupies two address plots at 20 Haarlem Avenue and 27 Holland Avenue in the City of White Plains. Positioned opposite the North White Plains Metro-North station, the site provides direct rail service to Grand Central Terminal in Midtown Manhattan, located roughly 30 miles south.

Site plans divide the 296 residential units across two mid-rise structures. Out of the total residential inventory, 30 units are designated as affordable housing for qualifying area incomes, while the remaining 266 units will operate at market rates. The location also offers fast access to regional road networks, including Interstate 287 and New York State Route 22.

Building specifications incorporate fully electric mechanical systems designed to meet ENERGY STAR Multifamily New Construction standards and technical targets under LEED v4 for Homes Multifamily Midrise. Planned infrastructure includes integrated electric vehicle charging stations across the parking facilities.

On-site amenities feature a 383-space parking garage, ground-floor retail storefronts, a fitness center, co-working lounges, and a dedicated resident event space. Ground-level improvements incorporate a 15,000-square-foot publicly accessible park and dog run, creating a green buffer between the residential structures and the adjacent rail corridor.

Transit-oriented suburban construction in Westchester represents a practical model for expanding regional housing capacity near established mass transit infrastructure. By concentrating multi-family housing near suburban rail hubs, municipal planners aim to alleviate urban core housing pressure without expanding regional roadway congestion.

This approach contrasts sharply with alternative architectural proposals evaluated across the New York metropolitan area. While suburban rail hubs rely on targeted state capital to build transit-adjacent housing, Midtown Manhattan has inspired far more radical conceptual proposals. Designers at Oiio Studio famously introduced The Big Bend skyscraper in Manhattan, a proposed 4,000-foot U-shaped tower engineered to navigate restrictive height regulations along Billionaires’ Row. Where Midtown concepts explore extreme structural geometries to maximize air rights, projects in North White Plains focus on practical, volume-driven delivery funded through public-private partnerships.