The city of New Rochelle showcases development progress with new interactive development map

April 20, 2018 - Connecticut

New Rochelle, NY Demonstrating the speed and progress of its downtown redevelopment initiative, the city introduced an interactive map on its Ideally New Rochelle website. The user-friendly map pinpoints the downtown locations of 18 major projects and encourages website visitors to explore each new development site through its online profile, which displays renderings, project details and relevant news coverage.  

With major groundbreakings, a host of newly approved projects and the launch of cutting-edge partnerships and initiatives, the city’s new development map further demonstrates the tremendous commitment city leadership has towards the evolution of its downtown through an on-going $4 billion redevelopment initiative.

“With New Rochelle’s ambitious and innovative development plans well underway and with many more exciting changes expected in our downtown, this interactive map enables investors, builders, and, most importantly, the public to track our progress and see our bright future take shape,” said mayor Noam Bramson.

“Developers, residents and businesses have found their way to New Rochelle, recognizing our city’s focus on embracing the arts and technology, ushering innovation and creating a dynamic, vibrant downtown,” said Luiz Aragon, the city’s commissioner of development. “New Rochelle is quickly becoming a premiere destination to work, live and grow, and key players throughout the region are taking notice.”

The city’s ambitious downtown redevelopment initiative has made significant headway since its establishment in 2015. In November 2016, the city launched the initiative with the groundbreaking of 587 Main St., a 28-story, mixed-use building, which will stand as a focal point of the city’s newly revitalized downtown district. The city’s unprecedented redevelopment initiative, which launched in 2015 with the signing of a Master Developer agreement with RXR Realty, allows for more than 12 million s/f of new construction including up to 2.4 million s/f of prime office space, one million s/f of retail, 6,370 housing units and 1,200 hotel rooms. 

Through the initiative, more than 8.6 million s/f of downtown space has been pre-approved for fast-track development by designated fast-track developer RXR Realty. On the residential side alone, there are more than 1,400 residential units underway.

With an unparalleled location, superb quality of life, diverse and talented residents and a focused business climate, the city is experiencing the transformation of a lifetime. The city’s economic development plan will provide a spark for the entire Hudson Valley region, positioning it as “open for business” and embracing smart, transit-oriented development growth patterns. Accelerated by a fast-track zoning process, the new master development initiative will enhance the downtown by boosting job creation, property values and private investment–while enhancing sustainability through green and energy-efficient design. Learn more at: www.ideallynewrochelle.com/development-.

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