Peekskill will receive $10 million from the state to revitalize its downtown after being named the Mid-Hudson winner of the Downtown Revitalization Initiative.
The city plans to spend as much as $300,000 of the award to develop a strategic investment plan to increase foot traffic and expand tourism, the arts, media and light manufacturing, according to the Mid-Hudson Regional Economic Development Council. Middletown, Kingston and New Rochelle have also won the Mid-Hudson award.
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