Downtown Revitalization Initiative

Downtown Revitalization Initiative  
The City of Peekskill has been awarded $10 million through Round 4 of New York State’s Downtown Revitalization Initiative (DRI) for the Mid-Hudson region.
The DRI award will catalyze innovative publicly- and privately-led improvements to Peekskill’s downtown and waterfront. These projects are intended to improve the quality of life of all residents of Peekskill and support our growing economic sectors including the arts, high tech media, entertainment, culture, craft food and beverages, recreation, tourism, retail and personal services.
The work will focus on providing safe and convenient pedestrian amenities that link existing community assets with new sites for tourism, the arts, recreation and business growth, generating employment opportunities for a range of skill and wage levels. Read Peekskill's DRI Strategic Investment Plan (2020).

Recent Announcements

Project profiles and status updates on each project will be posted as they become available.
Public Projects  Private Projects  
Downtown Civic HubProfileUpdates      Revitalizing the Paramount Theater                       
Pedestrian & Cyclist ConnectivityProfileUpdatesBoys & Girls Club at Kiley Center  
Downtown Revitalization FundProfileUpdatesEnlighten Peekskill Sculptures  
Marking, Branding & WayfindingProfile Five Elements Mural Project  
Enhancing Pugsley ParkProfileUpdatesMaking Connections Murals  
Enhancing Monument ParkProfileUpdatesPublic Wi-Fi  
Reconstructing Fleischman PierProfile    

Downtown Revitalization Fund (DRF)

DRF award recipients have been announced (link) and the application period is currently closed! The DRF was created to help businesses and property owners in the DRI Boundary make capital improvements. Up to 90% funding is available on a reimbursable basis for eligible project costs. For archived application and informational materials, click here.