The Railroad Avenue view of a proposed mixed-use building on the site of the municipal parking lot opposite the Riverhead train station. Rendering: Torti Gallas + Partners

Riverhead’s transit-oriented development plan is moving forward.

Town-designated master developers RXR/Georgica Green Ventures will be the subject of a qualified and eligible sponsor hearing on Sept. 27 if the Town Board authorizes the hearing at a special meeting Tuesday morning.

RXR/Georgica Green Ventures have proposed building more than 270 apartments, shops and a 332-space parking garage in the area of the Riverhead train station, on three parcels currently in public ownership. One is a town-owned parking lot opposite the train station. The other is a county-owned lot on the corner of Griffing and Railroad avenues.

If a resolution scheduling the public hearing is passed by board members tomorrow, the hearing will take place on Tuesday, Sept. 27 at 6 p.m. at Town Hall. The hearing is required by state law for the lease or sale of property in an urban renewal area, a designation the Railroad Avenue corridor received in 1997 with the adoption of an urban renewal plan by the Town of Riverhead.

The Town Board designated RXR and Georgica Green Ventures joint master developers of the TOD in February, after the town published a request for qualifications seeking proposals for the redevelopment in March 2021. The developer’s proposal was the one chosen over two other finalists by a committee formed to review the proposals.

A master developer agreement is being finalized and should be available by Thursday, Riverhead Community Development Director Dawn Thomas said today.

RXR/GGV’s proposal includes a four- and five-story, mixed-use building with 243 apartments, “podium” parking on an internal portion of the ground floor, lined by perimeter uses on the two-acre town-owned municipal parking lot between Railroad Avenue and Court Street. This building is referred to as TOD Project One, according to the resolution scheduled for vote tomorrow.

The proposal also includes a mixed-use building with 30 workforce apartments and 332 public parking spaces, lined with retail space on the county-owned parking lot on Griffing Avenue opposite Court Street. This project is referred to as TOD Project Two, according to the resolution. The project was recommended for $2.75 million in state Downtown Revitalization Initiative funding by Riverhead’s DRI local planning committee.  

TOD Project One carries an estimated cost of around $100 million, while TOD Project Two is estimated to cost around $17 million, according to numbers provided by RXR/GGV to the local planning committee. 

MORE COVERAGE: Planning committee finalizes recommendations for Riverhead’s $10 million grant award

The TOD is located within the Railroad Avenue Urban Renewal Area Overlay District, adopted in January 2021, which allows additional uses and development density within the urban renewal area beyond what is allowed by the underlying DC-3 zoning use district.

Another development across from the town parking lot, a five-story mixed-use apartment building at 205 Osborn Avenue, received final site plan approval in July and is scheduled to begin construction soon. It is being developed by G2D of Huntington, a company currently finishing construction of a mixed-use apartment building on East Main street.

The public can comment before the board’s decision on the resolution, or afterward on any matter, in-person or online through Zoom. Access the Zoom meeting at the following link:

https://us02web.zoom.us/j/85432320221?pwd=d2JTb2g5RWF1NWtHSnNwUnQ4eFprZz09 or by calling (929) 205-6009. Webinar ID: 854 3232 0221 Passcode: 642077

The survival of local journalism depends on your support.
We are a small family-owned operation. You rely on us to stay informed, and we depend on you to make our work possible. Just a few dollars can help us continue to bring this important service to our community.
Support RiverheadLOCAL today.

SHARE
Alek Lewis is a lifelong Riverhead resident and a 2021 graduate of Stony Brook University’s School of Communication and Journalism. Previously, he served as news editor of Stony Brook’s student newspaper, The Statesman, and was a member of the campus’s chapter of the Society of Professional Journalists. Email: [email protected]