Construction has begun on Park Square, a 7-story mixed-use building with 340 housing units at 1 Loehr Pl. Of the 340 residential units, 192 will be studios and 148 will be one-bedroom units. Park Square was designed by Perkins Eastman. With work expected to take approximately 24 months, the anticipated completion of Park Square is summer 2028. Work on this project aligns with construction on a new public school planned for Grant Park in Yonkers.