Urban Land Institute Unveils Vision for Peekskill's Waterfront Development and Revitalization

Revitalizing Peekskill's Waterfront: A New Vision

On December 18, 2025, the Urban Land Institute (ULI) New York presented a groundbreaking Technical Assistance Panel (TAP) Report aimed at strengthening Peekskill's waterfront district. This strategic vision proposes innovative solutions for housing development, economic reinvestment, and community identity enhancement in the city.

The Panel's Approach

Conducted by a dedicated group of volunteer experts spanning various fields—real estate, urban planning, housing, and transportation—the TAP analyzed the city’s potential to bolster its community and economic prospects. Through site visits, firsthand observations, and consultations with local stakeholders, the panel crafted a framework tailored to Peekskill's unique landscape.

The report spotlights the study area that dwells between Peekskill's waterfront, transport corridors, and employment hubs. This crossroads is seen as ripe for fresh housing opportunities and job development, leading to a more interconnected and recognizable community identity.

Recommendations for a Thriving Community

Among the array of recommendations, the report emphasizes creating a cohesive framework that aligns housing with employment sectors. It stresses the urgency of developing a clear regional identity, which could, in turn, attract lasting investment and spur development.

One notable suggestion is to relocate the Department of Public Works operations to free up space for mixed-use housing at the intersection of Louisa Street and Lower South Street. Additionally, revitalizing the Peekskill Baseball Stadium into a multi-use civic space is proposed, enabling stronger links to the waterfront and promoting community engagement.

Furthermore, the TAP advises improving pedestrian access and open green spaces throughout the district to foster a welcoming environment and encourage foot traffic. Enhancements to infrastructure and mobility are equally crucial, particularly in addressing barriers such as Route 9 and existing rail lines.

Strengthening Community Ties

The Mayor of Peekskill, Vivian C. McKenzie, endorsed the report, acknowledging its potential to shape the long-term growth strategy of the community. She expressed gratitude towards the ULI team and its volunteers, highlighting their commitment to a shared vision for a flourishing future.

City Manager Matthew C. Alexander echoed these sentiments, remarking on the TAP’s successful gathering of diverse local perspectives alongside national expertise. His optimism centers on leveraging this report for investor engagement and sourcing state and federal funding.

A Vision for the Future

Panel Chair Peter Liebowitz noted that Peekskill possesses valuable assets for successful reinvestment, marked by strong leadership and emerging regional significance. The report provides a practical pathway forward, advocating for immediate public-sector actions to set the stage for extensive economic growth.

Moving forward, the findings from the TAP report will shepherd Peekskill's planning and policy development, steering the city toward more diverse housing solutions and prioritized infrastructure investments. With this strategic framework, Peekskill aims to balance public initiatives and private ventures to realize its revitalization goals.

The insights from the Technical Assistance Panel are not just recommendations; they serve as a catalyst for transformative change within the community. By harnessing partnerships and fostering investment, Peekskill stands poised to redefine its waterfront and reinforce its identity as a thriving urban landscape.

In summary, the ULI's TAP report illuminates a promising path ahead for Peekskill, bridging community aspirations with tangible development opportunities, ultimately enhancing the quality of life for its residents.