The New Rochelle City Council approved a new agreement with Twining Properties LLC on Feb. 7 to develop 12.5 acres of city property at Echo Bay.
Twining, based in New York City, has proposed a $300 million mixed-use project, called Pratt Landing, in an industrial area at the edge of downtown.
The general concept is to convert the industrial property to a village-like setting that opens up views of the Long Island Sound and connects the waterfront to downtown.
Twining will have to decontaminate City Yard, a public works facility built in 1916 that has devolved into an eyesore of garages, repair shops, salt piles and recycling areas. Public works will be relocated next year to 70 Nardozzi Place, near Interstate 95.
NEW ROCHELLE – An apartment complex that opened on North Avenue this week is being hailed as one of the first transformative pieces in the city’s development overhaul, while downtown and waterfront plans continue to take shape.
The Lombardi Apartments, a five-story mixed use building, is three blocks from the city’s Transportation Center. With 48 luxury apartments — including five affordable units — and 2,600 square feet of retail space on the ground floor, it’s a kick-start in New Rochelle’s plan to add more than 6,000 housing units, more than two million square feet of office space and a million square feet of retail, Mayor Noam Bramson said.
“The Lombardi is not just an outstanding addition to New Rochelle’s menu of housing options; it also represents the future of the North Avenue corridor and of our transit area as a whole,” Bramson said.