New Rochelle‘s Industrial Development Agency will consider a new 23-story project located at 277 North Avenue. The tower will include a mix of market rate and affordable rental units above lower-level retail and an adjacent enclosed parking structure.
S9 Architecture will oversee design of the new building for Fisher Development Association.
The existing commercial structure measures 27,000 square feet and was originally constructed in 1977, with an expansion completed in 1998. Following a partial demolition, the new building will comprise nearly 489,000 gross square feet divided among 326,000 square feet of residential area, 13,000 square feet of retail, and 66,000 square feet of residential parking, designed to accommodate 471 vehicles.
The property’s 442 rental units will include 106 studios measuring 516 square feet, 215 one-bedrooms at 670 square feet, 128 2-bedrooms at 1014 square feet apiece, and 3 3-bedroom residences with 1215 square feet each.
Retail locations will be split, with one store on North Avenue and a second, two-story pavilion fronting Huguenot Street.
Construction is expected to begin in February 2019 with completion by July 2021. The estimated project cost falls just under $170.5 million.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Please pardon me for using your space: Well-groomed design on beautiful progress, though it’s not real.
Are they demolishing the post office ?
U watch after they cant rent them all the rich will be bedding with section 8.if its not already planned for tax breaks
No master plan or vision. No theme for the area. Just another big “mixed use” building fated to turn into predominantly subsidized housing when it doesnt work out, like the Avalon. And a quick buck for those involved. Sticking a big building where a smaller one used to be without more is not how you build a city, even if the cartoon schematic shows smiling people holding hands in the sunshine. That’s not how Portchester, White Plains and Stamford did it. New Rochelle deserves so much better, and has so much more potential if anyone ever really devoted some care and thought to the process.
Why
One of the things that New Rochelle needs more than housing is some jobs jobs and more jobs. White Plains and Stamford built up after companies moved in you put up a lot of buildings that’s where they don’t realize that your building is going to fail if you’re downtown and the area you put these large buildings and doesn’t offer anything except a place to go live when they come out there nowhere but 99 Cent Stores and bodegas.
Downtown New Rochelle doesn’t even have a Starbucks. New Rochelle waited too long in order to do what Stamford and White Plains did.
Besides Home Depot and Costco New Rochelle has no nationally recognized retailer in the downtown area.