Complex Projects
  Development: Glen Isle
  Details
• Glen Isle Waterfront Revitalization
• Glen Cove, NY
• Client - IDA/CDA
• Date - (2003-2004)
• Contract Value - $1 Billion
• Project Overview
Glen Isle was successful in responding to a RFP for a 50-acre commercial development changed to residential mixed use. The project is 1 of the first 16 USEPA national showcase brown field clean up site.
• What made this job complex
The site was an on-going eye sore for decades from industrial pollution and general decline. This created major economic and environmental blight on Glen Coves waterfront. Many stakeholders that made significant investments in the cleanup and infrastructure goals were becoming concerned about the project viability. The success of the project was hampered by the low re-development value of the proposed site plan.
• How Posillico solved it
Glen Isle proved the viability of a mixed use development that was embraced by investors. Teaming with the town of Glen Cove to solicit planning and other economic funding methods along with other consultants to structure all-star team of sustainable mixed use design including, models, renderings, field office etc...
For more details visit www.glenisle.com.
Call Michael Posillico, 631-390-5740 for more information, or
click here for an estimate.

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