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Staten Island's $200M Mixed-Use Project Makes Big Strides

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Lighthouse Point now has an anchor tenant for its huge office space

The redevelopment of Staten Island's St. George neighborhood is chugging right along, and earlier this week, one of the huge projects set for the waterfront—Lighthouse Point—got its proper groundbreaking (though construction began late last year).

Developer Triangle Equities also announced some updates to the site, including the anchor tenant for its 65,000-square-foot retail and office component. That space will go to Regus, a co-working space that already has several offices throughout Manhattan, Brooklyn, and Queens. The stakeholders in Lighthouse Point (which include the NYCEDC and Goldman Sachs's Urban Investment Group) are positioning this as a boon to the neighborhood, that could "attract out-of-town users who may need short term meeting or office space, therefore positively affecting the interest and patronage of surrounding hotels, retailers, and restaurants" (per a press release). We'll see about that.

That office space will join the incoming 12-story, 116-unit apartment building that's also part of the Lighthouse Point development. When the whole thing is done, it'll be one of several mini-megaprojects that developers are hoping will transform Staten Island's North Shore, including the New York Wheel and Empire Stores (you can see how they all fit in on the map below).