
Glenwood Power Plant in Yonkers. (June Marie / Flickr)
It has been nearly five decades since the Glenwood Power Plant in Yonkers, New York closed its doors, but developer Ron Shemesh has plans to transform this four-building complex on the Hudson into a hotel and convention center. The Wall Street Journal reported that Mr. Shemesh, a plastics manufacturer from the area, bought the property from investor Ken Capolino for $3 million. The project will be costly, however. Mr. Shemesh will need to raise around $155 million to redevelop the plant. In December, the Mid-Hudson Economic Development Council gave Mr. Shemesh a small economic boost with a $1 million grant to preserve the sprawling complex.
I am very interested to see what Ron Shemesh’s proposed Glenwood Power Plant site is expected to look like. Is their an artists rendition of the proposed design for the site?. I am very aware since I have a very clear view of the site and am looking forward to the future developement and plans for that area
I am always happy to see a beautiful old building like this saved from the wrecking ball. I hope the developer is able to raise the necessary funds to do something fabulous that honors the original integrity of the building and take full advantage of the magnificent site.
Looks like he should list it as a film site to raise some money from shooting the next Die Hard movie before it gets knocked down. Looks like it would be great for movie shoot.
Tackling this requires vision – kudos to Mr. Shemesh for taking it on… Would love to see rendering too…
That was such a GREAT spot! Shot my video ‘Futile & Fooled’ there – super dangerous, broken down building with lots of glass and rust. Oh, and a KILLER view of the river. Sigh…