Transformative Urban Developments New Rochelle’s Pratt Landing and White Plains’ Downtown Revitalization — By James Fran

1. Transformative Urban Developments: New Rochelle’s Pratt Landing and White Plains’ Downtown Revitalization — By James Francis, CEO of Paradigm Asset Management

2. Westchester County is witnessing significant urban transformations, particularly in New Rochelle and White Plains. These developments aim to rejuvenate local communities, boost economic growth, and enhance the quality of life for residents.

3. New Rochelle: Pratt Landing Waterfront Development New Rochelle has approved Pratt Landing, a landmark mixed-use waterfront development set to redefine and reconnect the city’s downtown to its vibrant shoreline. This public-private partnership between the City of New Rochelle, the State of New York, and Twining Properties will transform an 11.5-acre former industrial site along the Long Island Sound into a vibrant community hub.

4. Key Features of Pratt Landing: Residential and Commercial Spaces: The development will feature over 300 residential units, including 99 condominiums, and more than 40,000 square feet of commercial space. Hospitality and Amenities: A 150-room hotel is planned, along with a restored waterfront area designed by Mathews Nielsen Landscape Architects, featuring educational signage, walking paths, park areas, and an observation point. Historic Preservation: The New Rochelle Naval Armory will be revitalized to include dedicated veterans housing and community spaces, preserving its historical significance. Construction is set to begin in 2026, with completion anticipated by 2029.

5. White Plains: Downtown Revitalization Initiatives White Plains is embarking on several projects to revitalize its downtown area, focusing on sustainability, infrastructure, and community engagement. Key Initiatives in White Plains: Transit District Strategic Plan: The city is developing a Strategic Investment Plan to enhance its downtown, supported by up to $300,000 in planning funds from a $10 million Downtown Revitalization Initiative grant. Hamilton Avenue Bike Lane: A project to create a signalized and protected bike lane on Hamilton Avenue from Broadway to the train station aims to improve transportation options and air quality.

6. Public Spaces Enhancement: Efforts to improve areas around the train station include developing aesthetically pleasing spaces for community gatherings, such as yoga sessions and farmers’ markets, to foster a vibrant downtown atmosphere. District Galleria Development: The transformation of the former White Plains Mall into a dynamic mixed-use residential and retail destination aligns with the city’s vision for transit-oriented development. These initiatives reflect White Plains’ commitment to creating a sustainable, vibrant, and inclusive future for its residents.

7. Conclusion The urban developments in New Rochelle and White Plains exemplify thoughtful and inclusive urban revitalization. Projects like Pratt Landing and the various initiatives in White Plains are set to create opportunities for economic growth while enhancing the quality of life for residents, reflecting a commitment to sustainability, accessibility, and community.

8. About the Author: James E. Francis James E. Francis is the Founder, President, and CEO of Paradigm Asset Management Co. LLC. Leveraging his technology and consulting experience, Mr. Francis has guided Paradigm from its inception to becoming an industry leader in data-driven investing. He is responsible for the oversight and development of Paradigm and all its strategies, pioneering the integration of advanced data science and AI in asset management.

9. THANK YOU