Redevelopment of former Staten Island naval base begins

Work has begun on a mixed-used development at a former U.S. Naval base site on Staten Island. New Jersey-based Ironstate Development Co. will invest $150 million in the project, which will include two buildings with 900 market-rate rental apartments, 30,000 sf of ground-floor retail, 600 parking spaces, and a public plaza.
Nov. 30, 2011

Work has begun on a mixed-used development at a former U.S. Naval base site on Staten Island. New Jersey-based Ironstate Development Co. will invest $150 million in the project, which will include two buildings with 900 market-rate rental apartments, 30,000 sf of ground-floor retail, 600 parking spaces, and a public plaza.

The LEED-certified buildings, four and five stories high, will be within easy walking distance of the St. George Ferry Terminal. Ironstate was selected in 2009 to transform seven acres of the 36-acre Homeport site after more than a decade of discussions to redevelop it.

New York City plans to contribute $32 million for the project in infrastructure improvements and construction of a six-acre waterfront esplanade. Staten Island Borough President James Molinaro has committed $1 million to improving the Staten Island Railway's Stapleton station located next to the development.

Click here to learn more about the Staten Island naval base reconstruction project. BD+C

About the Author

Drew Ballensky

Drew Ballensky is general manager of Duro-Last Roofing, Inc.’s central U.S. facility in Iowa and company spokesman for Duro-Last’s cool roofing, sustainability and architectural education programs. He is past-president of the Chemical Fabrics and Film Association and chairman of CFFA’s Vinyl Roofing Division. Drew earned his bachelor’s degree in industrial technology from the University of Northern Iowa and master’s degree in business administration from Florida State University. Drew has over 29 years experience in business and industry in various engineering and managerial capacities. He has worked in the U.S. and Canadian operations for a major international manufacturer of pre-engineered steel buildings, was a financial analyst with a major athletic apparel manufacturer and was an owner of a general contracting company.
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