Rechler Equity breaks ground on Hamptons business park
Plainview-based Rechler Equity Partners breaks ground Tuesday on the Hampton Business District at Gabreski, a new business park within Gabreski Airport on 50 acres owned by Suffolk County in Westhampton Beach.
Work has now begun on 220 Roger’s Way, a 60,000-square-foot industrial building that will be followed by eight more buildings totaling 440,000 square feet, according to a statement. Suffolk selected Rechler Equity Partners as developer for the project in 2009.
The new business park will offer space ranging from 1,333 square feet up to 100,000 square feet. Following the construction of the first building, development will begin on two office and medical buildings totaling 60,000 square feet. The business district will also include a 145-room hotel, a restaurant, a day care center, a health club, and a bank.
Company principal Mitchell Rechler said the new park will have the technology and design to accommodate today’s research and development, light manufacturing and office needs.
“Based on the response we got and our instincts when we were awarded the bid, we knew there was an opportunity to create a market where there would be significant demand,