New Rochelle, New York
Known as the jewel of the sound, New Rochelle is the closest suburban city to Manhattan in Westchester County. New Rochelle has exceptional transit connections and a storied history of downtown commerce and culture.
In December 2014, Renaissance Downtowns and RXR (RDRXR) entered into a public-private partnership with the City of New Rochelle. Between January 2015 and January 2017 RDRXR the results of the efforts led by the RDRXR team have resulted in no less than 5 building approvals, 3 construction starts with 6 more sites currently under review by the City. This unprecedented level of institutional investment is a direct result of the risk mitigation process which is core to the Renaissance business model.
In June 2017, with duties as Master Developer completed, Renaissance is concentrating on the vertical development of three building sites detailed below.
MDA Agreement Signed: 2014
Development Zone: 279 acres
Development Rights: 11,000,000 square feet
Commercial: 5,500,000 square feet
Residential: 5,500 units
Area: 13.23 square miles
Transit Station: New Rochelle Train Station (Metro North Railroad)
Travel to Nearest Major City (New York): 30 minutes
- Energy Efficiency
- Waste Reduction
- Green design, construction, renovation and operation
- Infrastructure Improvements
- Grant Program
- Job Creation
- Equal Opportunity Hiring
- Attainable Housing
- Retail Opportunities
- New Economic Activity
- Historic Preservation
- Public Outreach