Developers propose transforming Somers IBM campus into a school

New York /
Sep.September 26, 2018 05:43 PM

A school campus development company hopes to turn the former IBM campus in Somers into a coed private high school. Evergreen Ridge presented plans for the STEM-centric school, which would be called Somers Academy, to Somers’ Town Board, LoHud reported. The school would lease the property from 294 Route 100 LLC, which forked $31.75 million over to IBM for the office park last year. The redevelopment would require a zoning change, as the current zoning only allows for an office or college. Converting the space into a school “would significantly improve Westchester’s office market vacancy rate,” the outlet noted. “With Westchester’s current market inventory totaling about 27 million square feet, this property alone represents approximately 4.5 percent of Westchester’s entire multi-tenant market,” Howard Properties president Howard Greenberg told the outlet. [LoHud]


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