Down Payment Assistance Informational ZOOM Session (Español)
Location: ZOOMNew Rochelle, NY 10801
An ambitious new zoning initiative has paved the way for a major economic rebirth in New Rochelle’s historic downtown that will add up to 12 million square feet of new development, including 2.4 million square feet of prime office space, 1 million square feet of retail, 6,370 housing units and 1,200 hotel rooms.
The plan sets forth a comprehensive vision for a thriving city where all residents and visitors – whatever their means and tastes – can find a place to shop, a place to work, a place to meet, or a place to live.
The city guarantees that developers will be able to put their “shovels in the ground” quickly by following the city’s new, simplified zoning codes and generic environmental reviews – with flexible financial terms, resulting in a 90-day site plan approval process.
The new development is based on a sustainable vision that will help make the entire region greener and more competitive, all shaped from street front to skyline by a forward-looking, urban design ethic.
New Rochelle’s transit options are best in class for both road and rail. The city already serves as the prime Amtrak hub in Westchester. Metro-North offers 30-minute access to Grand Central Station. And in the near future, New Rochelle will be home to the closest rail station to New York City providing direct service to Manhattan’s East and West sides.
Already wired for tomorrow’s business infrastructure, New Rochelle is strategically positioned as a powerful and bustling crossroads for the fast-emerging “innovation economy” — and stands years ahead of other regional cities in accommodating the needs of growing companies.
The city will soon roll out high-speed Wi-Fi kiosks throughout the downtown area to stimulate activity and to support local businesses, innovation and opportunity.
The city is establishing an Arts and Cultural District that builds upon New Rochelle’s rich legacy of artistic expression and creativity. A new generation of artists and innovators will be drawn into a re-energized arts scene, benefiting from performance space, affordable “work and live” space for artists, and marketing exposure – all combined with a new surge in dynamic events, exhibits and performances that will draw audiences from throughout the region.
Seasonal, cultural and family-friendly programs and amenities throughout New Rochelle invite and inspire community involvement. And getting from place to place will be easier and greener than ever through the newly established, citywide New Rochelle Bike Share program.
Interested in learning more about new developments within New Rochelle? Then checkout our interactive development map for more details of our ever-evolving skyline.
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