Serota Properties to create $300m Islip Pines mixed-use development on 135 acres

Serota Properties is proposing to create a $300 million mixed-use development on approximately 135 acres of property at the corner of Sunrise Highway and Veterans Memorial Highway, known as Islip Pines. It would create a dynamic residential, retail, industrial and commercial space, while incorporating energy conservation technology, a spacious green belt and a reduced carbon footprint. "This is a 21st Century proposal for a 21st Century Long Island," said Geoffrey Serota of Serota Properties. "Long dormant, this parcel sits at the crossroads of 'prime location' and 'economic asset,' with strategic potential for the community, the Town of Islip and the region as a whole. In presenting this innovative concept, we have an obligation to create a comprehensive plan that addresses many of the issues facing Long Island in this new and challenging century." A core component of the proposal is the creation of approximately 200 units of residential homes. The proposal includes a class A corporate complex that would add additional economic depth to the site, create new jobs, generate tax revenue and spark additional investment in the Town of Islip. Included in the proposal is a hotel and a multiplex movie theater is also being proposed along with a series of retail stores. Additionally, this proposal seeks to retain fifty (50%) percent of the property for industrial uses. Creating a comprehensive response to environmental opportunities lies at the heart of Islip Pines. The Serota planners are determining how best to use recycled materials as part of the construction process and are researching the viability of other alternative energy sources to be utilized in the proposal. Additionally, the project proposes the use of an electric trolley service and the use of pedi-cabs that would run throughout the site. Conservation technology will be introduced on all levels, from high efficiency HVAC systems to capturing storm water runoff from green construction products and energy-efficient indoor and outdoor lighting. "In short, we are proposing a mixed use development that reflects the regions need for 'smart' growth, which will strengthen our economy and improve the quality of life," said Serota.