Metro 303

This development would not have been possible without the assistance of the Hempstead IDA. Through the IDA’s economic benefits program, we were able redevelop a vacant, former car dealership site into a new, vibrant apartment community. The $42 million investment into the community is also yielding further community benefits in the area via job creation/employment, increased consumer spending, and increased taxes, as well as kick-starting the Main Street redevelopment in Hempstead.

Maria Rigopoulos
Managing Director, MCRT

Description

Metro 303 is a new apartment community, currently under construction on a 2-acre infill site located at the northern end of the Village of Hempstead, bordering the Village of Garden City. The community will consist of 166 apartment homes in one 5-story podium-style building; approximately 5,000 square feet of leasing and amenity space; and garage parking. The community will feature amenities such as an inviting resident lounge with fireplace, game area, and cafe.