Photocircuits Property Market and Site Analysis
Glen Cove and Oyster Bay, New York
BFJ Planning and Urbanomics were retained by American Pacific Financial Corporation to explore potential re-uses of the former Photocircuits site in Glen Cove and Oyster Bay, NY. The team produced a report examining the existing site conditions and regulatory context for the property, and then explored the economic trends in the area. From that analysis, a range of development scenarios were examined, with their potential fiscal impacts upon the City of Glen Cove, and, where appropriate, the adjacent Town of Oyster Bay. From among the development scenarios explored, one was chosen for further examination, a mixed-use development option consisting of a total of 160,000 square feet of office and retail uses on the Glen Cove portion of the Photocircuits site, and 110 units of townhome residential development on the Oyster Bay portion.
Client
American Pacific Financial Corporation
Year
2007