Plans for a 10,000 square foot black box theater and cultural space on Main Street are moving forward. This month, the City Council is considering a term sheet that lays out the basic rules under which the theater would operate.
This is a great example of how New Rochelle’s innovative downtown development framework produces public benefits alongside private investment. How? By allowing developers to construct slightly taller buildings if they give something significant back to the community.
The black box theater will be located within the first project from our master developer, RDRXR — a residential tower straddling Main and Huguenot Streets at the site of the former Loew’s movie house. Without providing a public benefit, RDRXR would be entitled to go up to 24 stories, with the theater, they can go up to 28 stories.