City officials and development partners break ground on historic residential project in Beacon

The City of Beacon is welcoming a new $50 million rental property development.

News 12 Staff

Aug 3, 2022, 4:41 PM

Updated 766 days ago

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The City of Beacon is welcoming a new $50 million rental property development.
The building at 22 Edgewater Place will house 246 new rental units and 25 affordable units.
It will be a mix of studio, one-, two- and three-bedroom units. Amenities include garage parking, tenant storage areas, a rooftop deck, outdoor seating and a fitness center.
The 12-acre waterfront site is within walking distance to public transportation.
Development partners believe the project is just one part of a bright future for the city.
“Beacon is a beacon of hope and example of how communities can rebound and revive themselves,” said Mary Paden, senior vice president for CPC's Hudson Valley Regional Office.