Business & Tech

Sales Office Opens at Hampton Business District at Gabreski

A ribbon-cutting ceremony was held on Friday morning

To start generating interest in the at , the developers of the 58-acre district, cousins Mitchell and Gregg Rechler, officially opened a sales office with a ribbon cutting ceremony on Friday morning.

"Opening an office at Gabreski is an important milestone in the development of the Hampton Business District," said Mitchell. "We've begun actively marketing the park and are engaged in lease discussions with potential tenants."

The business park, which is a partnership with Suffolk County — which installed $1.8 million in new infrastructure at the site — was awarded to Rechler Equity Partners in 2009 through a 40-year lease. Since, the Rechlers said they have been working to develop a plan that will turn the district into a "world-class business park that will bring in 600 to 700 high paying jobs and more than $7 million in rental revenue to the county over the next ten years and more than $40 million over the next 40 years.

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The plans, which are still are still in the pre-approval stages with the Town of Southampton expected to give final site approval by the end of the year, include a total of nine buildings, totaling 440,000 square feet of rental space. The plans also include a three-story hotel, day care facility and outdoor recreation. 

The Rechlers, who are investing $100,000 million in the project, say the buildings are designed not only using the latest green technology, but with space that can accomodate the needs of both small and large businesses, including office, film production, warehousing, printing, medical and culinary arts.

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"When completed, this will be a state-of-the-art destination for any business looking to operate on the East End,” said Gregg.


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