GDC to Transform Convent Site Into Mixed-Use Tourist Destination

John Jordan | July 2015

A rendering of the Fort Hill Park project in Peekskill.
A rendering of the Fort Hill Park project in Peekskill.

PEEKSKILL—Building on the momentum of the launch its GDC Rentals brand, Ginsburg Development Companies announced recently plans to transform the former St. Mary’s Convent property overlooking the Hudson River in Peekskill into a resort-style tourist destination that would feature a spa, inn and restaurant as well as 178 luxury rentals apartments and 20 townhomes.

Called Fort Hill, the $50 million project would convert the existing convent into a spa, restaurant and inn. The apartments would be located in three buildings arranged in a quad around a wooded knoll. The new buildings, up to five stories high, would complement the existing stone-and-brick structures, which were designed by prominent architects of the 1800s.

The 20 townhomes would be built along Main Street between Spring and Hadden streets. Garages for the homes would face an interior court so that the buildings present attractive facades to the streets. The restaurant would feature outdoor dining with river views. Fort Hill Park will be enhanced by the donation of more than 50 acres and will feature a variety of hiking trails. They will be enhanced and extended with new features that could include a lookout tower with views of the Hudson River, GDC officials stated.

“People have been talking about tourism for years, but nobody is creating destinations. Nobody is creating the places that people will want to stay while they enjoy the beauty and history of historic Peekskill with its many attractions,” said Martin Ginsberg, principal of GDC. “This will be the type of destination we need in the Hudson Valley. People will come from New York City and even farther away. And while they’re staying here, they’ll visit other areas nearby.”

GDC’s plan was presented to the Peekskill Common Council on June 15.

John Jordan
Editor, Real Estate In-Depth