PLANS UNVEILED FOR THE ULTIMATE LIVE, WORK, PLAY COMMUNITY IN SYOSSET

Posted by on April 06, 2015

Syosset Park to Feature Residences, Retail Shops, Restaurants, Entertainment, Hotel Options, Corporate Offices and a 30-acre Community Park

Oyster Bay Development, LLC, a partnership between Simon Property Group and Castagna Realty, have announced plans for Syosset Park, a mixed-use walking village in Syosset. 

Located on the former Cerro Wire property and the former Town of Oyster Bay Public Works site, the village will feature a dynamic mix of residential ownership options, retail shops, restaurants, entertainment, two hotels, corporate office space and a 30-acre park that will be designed by the surrounding community and will be open to the public.

“The master plan for Syosset Park delivers on the promises made to the community when we began this project,” said Chuck Davis Senior Vice President of Development for Simon. “The development features an appropriately sized smart-growth walking village that meets the needs and objectives of the community to create a world-class live, work, and play environment and we look forward to the dialogue with all interested parties.”

Syosset Park will feature:

  • 625 owned residential units
  • Two business-style and boutique hotels with 325 total rooms
  • 65,000 SF of casual and white tablecloth dining choices
  • 35,000 SF of entertainment/theater offerings
  • 355,000 SF of retail shops
  • 3,000 public parking spaces
  • 30-acre community park
  • 200,000 SF of office space

 World-renowned town planners, Duany Plater-Zyberk & Company (DPZ) will help to design the many aspects of the village. DPZ bring unmatched expertise to the design process. Their vision includes a well-designed public realm, including “third places”, where people hang out beyond home and work, facilitating the creation of social networks and affiliations.

For more information about Syosset Park, please visit www.SyossetPark.com

To download hi-res images and renderings of Syosset Park, please visit:https://www.dropbox.com/sh/xkihg67gk6sj207/AABZl4vANccQtF44uvjrWSF0a?dl=0

###

 About Simon

Simon is a global leader in retail real estate ownership, management and development and a S&P100 company (Simon Property Group, NYSE: SPG). Our industry-leading retail properties and investments across North America, Europe and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales. For more information, visitwww.simon.com.

 About Castagna Realty

Castagna Realty Co. Inc. is a leading diversified real estate company committed to the development and management of premier quality properties including Americana Manhasset in Manhasset, New York and other notable retail, residential and office properties on Long Island and beyond. Castagna Realty’s mission is to identify and develop quality sites consistent with the company vision and heritage, form strategic development partnerships, attract like-minded investors and enhance our company’s 93-year reputation. For more information, visit www.castagnarealty.com