Tall & Urban News

Mixed-Use Tower Tops Out In New Rochelle

22 February 2021 | New Rochelle, United States

One Clinton Park, a new 28-story mixed-use tower, has officially topped out in New Rochelle. Located at 55 Clinton Place, the building will contain 352 market-rate apartments and introduce more than 13,000 square feet (1,207 square meters) of retail space to the city’s downtown center.

From developer RXR Realty, the building broke ground in 2020 and is on track for completion by early 2022. One Clinton Park is the first phase of a dual-tower development that will also include a sister structure at Two Clinton Park. The tower at One Clinton Park comprises 433,000 square feet (40,227 square meters) and has already created 250 on-site construction jobs and will create additional opportunities once completed and open for business.

“We’re proud to celebrate another milestone in our role as master developer of New Rochelle’s downtown,” said Scott Rechler, chairman and CEO of RXR Realty. “As long-term investors in New Rochelle’s downtown, we look forward to doubling down on our operational philosophy of ‘Doing Good and Doing Well means Doing Better’ in the years ahead.”

In the past five years, RXR has made significant community investments to help revitalize the city’s urban core, including the initiation of a US$1 million COVID relief fund. One Clinton Park will support the long-term health of the Downtown New Rochelle community, encourage new retail and small businesses, and attract renters to help rebuild its tax base.

For more on this story, go to YIMBY.