Mackenzie Overlook: Support for the 31st FISU World University Games and Then for People Living and Working in the Lake Placid Area

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Location

Lake Placid, NY

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Development Partners

In a unique and creative redevelopment effort, Regan Development is teaming with the State of New York Homes and Community Renewal and the Adirondack Sports Council to build 60 residential rental apartments, which will serve two fantastic uses.

First, MacKenzie Overlook will temporarily house persons involved in the 31st FISU World University Games in 2023, organized by the International University Sports Federation and locally by the Adirondack Sports Council (ADKSC) and the Olympic Regional Development Authority. These 2023 games help to fulfill an important econom ic development strategy of the North Country Regional Economic Development Council and they mark the first time the World University Games have returned to North American soil since the City of Buffalo hosted the summer games in 1993, and the first time these Games have returned to a former host city as Lake Placid held the event in 1972. These University Games will be twice as large as the 1980 Winter Olympics and include twice as many athletes due to tremendous growth in winter sports. Regan Development is proud to provide residential apartments for the people who will support this amazing effort.

Second, MacKenzie Overlook will provide a long-term benefit of new, high quality affordable housing for those who live and work in Lake Placid and Essex County as a whole. There are very few affordable housing developments in Essex County, none in Lake Placid, and there has been no new affordable housing built in the area in the last decade.

At the special request of the Town and Village officials, Regan Development agreed to name the project after Ronald MacKenzie. Ron was an Olympic bobsledder, who was involved in the development of Whiteface Mountain as a skiing mountain and is credited with bringing the 1980 Olympics to Lake Placid.

MacKenzie Overlook is the new construction of a single four-story elevator building with 40 one-bedroom apartments and 20 two-bedroom apartments, including a live-in superintendent. Nine of these apartments will be built as fully accessible and adapted for residents with mobility impairments or hearing and/or vision impairments. The development will work with the Tri-Lakes Center for Independent Living to refer people in need to these apartments and to provide a wide variety of services they offer to help ensure the independence of the residents.

Regan Development is proud to work with the State of New York, the Adirondack Sports Council, the Olympic Regional Development Authority, Regions Affordable Housing and the Community Preservation Corporation on this ground-breaking development in Lake Placid, NY.