Today, New Rochelle took a giant step toward achieving our ambitious downtown development plans, as we broke ground for a new 28-story building at 587 Main Street, the site of a former Loew’s theater.
This is the first major project from our master developers. When completed, it will feature almost 300 apartments, 17,000 square feet for commercial uses, and – in an especially exciting touch – a 10,000 square foot performance space. The positive and transformative impact on both Main and Huguenot Streets should be dramatic.
Bottom line: our downtown development plan is working, successfully attracting both large-scale and small-scale investment. As a result, during the next few years, New Rochelle will become a healthier city, where residents and visitors of every kind can find a place to shop, a place to work, a place to meet, or a place to live.