The Mount Vernon Real Estate Committee convened on July 31, 2025, to discuss the future development of a key property in the city. The meeting focused on updates regarding the proposed mixed-use development aimed at revitalizing a long-neglected corridor at the intersection of Third and Fourth Avenues.

The meeting began with a presentation outlining the vision for the property, which includes mixed-income apartments on the upper floors and a vibrant ground-floor retail space. The developers emphasized the importance of transforming the area, which has seen no significant investment for over 50 years. They highlighted the need to mitigate blight and attract new residents and businesses to Mount Vernon.

A significant aspect of the proposed development is the inclusion of a workforce development center. This center is designed to provide training and job opportunities for local residents, particularly targeting high school graduates and those interested in STEM fields. The developers announced partnerships with several companies, including McKissick and McKissick, the largest Black-owned construction firm in the U.S., and Royal Power Energy, which will offer training in energy technology.

The committee discussed the potential for job creation, noting that the construction phase alone could generate over 700 jobs, with many positions expected to become permanent. The developers stressed their commitment to inclusive development, ensuring that the benefits of the project extend to the local community.

Additionally, the meeting addressed the strategic partnership with BERT, a technology company that will establish a showroom in the development. BERT's involvement includes providing training for local residents on their innovative energy management technology, further enhancing the workforce development aspect of the project.

In conclusion, the meeting underscored the committee's commitment to revitalizing Mount Vernon through strategic development that prioritizes community engagement and economic growth. The next steps involve finalizing plans and continuing discussions with stakeholders to ensure the successful implementation of this transformative project.