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New
Rochelle, NY – October 2024 / NewsmakerAlert: The City
of New Rochelle has unveiled its Downtown
Retail Strategy, marking a significant milestone in the city’s evolution
as a dynamic urban destination for locals, new residents, and visitors.
The plan, approved by the City Council, includes the creation of New Rochelle’s
Vanguard District and a suite of initiatives to further transform the city’s
downtown into a destination for shopping, dining, and entertainment, including
public realm and accessibility improvements, retail enhancements, and tenant
incentives.
The Downtown Retail Strategy
will usher in a new era for downtown New Rochelle, pioneering a diverse
and vibrant retail ecosystem and building on its historic downtown redevelopment
that is bringing in more than 10,000 new housing units and has attracted
$2.2 billion in private investment to the city.
“Retail plays a crucial role
in shaping thriving city environments, and this plan will help to cultivate
a city that flourishes economically, socially, and culturally,” said New
Rochelle Mayor Yadira
Ramos-Herbert. “The Downtown Retail Strategy will have a transformative
impact on our city, generating bustling streets and enriching community
interactions, while creating job opportunities, driving visitation, and
elevating New Rochelle’s profile as a place to live, work and visit. This
is an incredibly exciting time for New Rochelle, and we look forward to
our continued work bringing this plan to life.”
The Downtown Retail Strategy
features a mix of initiatives in the newly created Vanguard District –
encompassing the area bounded by LeCount Place (across the street from
New Roc City), Main Street, North Avenue, and Huguenot Street – and other
areas of the downtown, creating a broader pathway for revitalization throughout
the city. Responsive to the needs of the community, the Downtown Retail
Strategy includes:
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A Tenant Improvement Program
will provide financial support for physical improvements and relocation
costs to aspiring retail establishments looking to occupy vacant retail
spaces throughout the downtown. Structured as a grant program, the $2.25M
fund will have a robust application process while prioritizing opportunities
for businesses that will contribute to the vibrancy of downtown New Rochelle.
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Streetscape beautification
and safety improvements, including street furniture, parklets, decorative
plantings, increased maintenance and cleaning, lighting upgrades, placemaking,
and wayfinding improvements. The plan also focuses on creating safer pedestrian
connections to enrich the experience for both residents and visitors.
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Retail enhancements through
pop-ups and revitalizing storefronts, while continuing the City’s support
of local and new businesses and entrepreneurs.
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In the Vanguard District,
modernizing outdated code restrictions
will remove barriers that previously prohibited bars and experiential businesses,
along with relaxed parking requirements, transforming ground-floor spaces.
These updates will attract a diverse range of new tenants, from bars and
gyms to live music venues, outdoor dining spots, artisan production spaces,
and more—creating a vibrant and dynamic street-level experience.
The Downtown Retail Strategy
complements the various developments currently underway in New Rochelle,
including the upcoming construction of the LINC project, which will transform
Memorial Highway into a vibrant linear park, and the redesign of the New
Rochelle Train Station and Intermodal Transit Center.
“Our new strategy will support
the wonderful business owners that call New Rochelle home and welcome an
array of new businesses to an enlivened and attractive downtown,” said
Adam Salgado,
Commissioner of Development at the City of New Rochelle. “Locals, visitors,
and newcomers can look forward to our City’s continued evolution into a
diverse cultural hub with a mix of top-notch dining, outstanding local
art, entertainment, and more.”
The Downtown Retail Strategy
was developed by the City of New Rochelle’s Department of Development with
recommendations from the Retail Task Force, which was convened by the New
Rochelle City Council in 2022 to spearhead a comprehensive study and support
the implementation of a plan. The New Rochelle City Council received the
proposed plan on September 10, 2024, and it was approved on October 15,
2024.
About the City of New
Rochelle
With its unparalleled location,
superb quality of life, diverse and talented residents, a focused business
climate, and a robust residential and commercial development pipeline,
the City of New Rochelle is
leading the transformation of a generation. Its close proximity to New
York City and opportunities for businesses to grow and succeed in the current
economic climate is defining the City of New Rochelle as “open for business”
– ready to welcome new residents of all socioeconomic backgrounds and embrace
smart, transit-oriented development growth patterns that promote open space.
Accelerated by a fast-track zoning process along with resources for small
businesses and micro-enterprises, the “New Rochelle Model” of development
continues to enhance the City’s downtown area and business district by
supporting job creation, property values and private investment – while
enhancing sustainability and livability through green and energy-efficient
design. The City of New Rochelle has been recognized regionally by the
state and federal government for its thoughtful city-wide infrastructure
improvements and advancements including affordable housing development,
the creation of more usable public space and recent ten-year flood mitigation
program. For more information on why New Rochelle is ideally yours, please
visit www.IdeallyNewRochelle.com.
Media:
Patrice
Rajacic
Marino
212-402-3486
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