City Leaders Secure $1.5million in Grants for Echo Bay
The Queen City of the Sound will have a very happy 2013 indeed. After a highly successful 2012 BLUEPRINT City Showcase, New Rochelle has been awarded $1.5 million in Regional Economic Development Funding for the reclamation of its waterfront...
Photo credit: Forest City Residential
...The newly funded Echo Bay project will transform contaminated and inaccessible land along Long Island Sound into a vibrant mixed-use waterfront community featuring more than five acres of open space, market rate and affordable rental housing, and retail.
"It was apparent during our City Showcase that New Rochelle is truly one of Westchester’s jewels," said Marissa Brett, executive director of Economic Development, for WCA. "The city offers a breadth of opportunity and is working toward WCA's BLUEPRINT for economic growth by transforming its waterfront with mixed use development. So we are thrilled that New York State is investing in New Rochelle's potential with this REDC grant."
New Rochelle's vision for the redevelopment of Echo Bay is to enhance views of the Sound from Main Street; to create public access to the water for local residents and visitors; and to provide residential living on the waterfront at a density that is in scale with development elsewhere in the community.
With its enviable location near major highways, railways and the Long Island Sound, New Rochelle has seen over $1billion in new, private investment since Mayor Noam Bramson took office in 2006.