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City officials said the updated design would expedite construction of the resiliency project that would now begin in the spring of 2020. The project would enable flood protection to be implemented nearly one year earlier, and the entire project is expected to be completed six months earlier than the original design.
With the DRI award, New Rochelle will connect its evolving and prosperous city center with the mile-long Lincoln Avenue Corridor that contains mixed-income residential housing, a newly renovated hospital, green space, a Metro North Train Station and part of the city's Arts and Cultural District.
At a ULI panel discussion on design and housing, the former New York politician who's now leading his family's real estate business says NY is not generating nearly enough housing.
"Elevated demand from e-commerce retailers and distributors coupled with a limited supply of land and space, has led to record high sales prices for quality industrial assets like 39 Robinson," says NAI Hanson's Andrew Somple.