Downtown revitalization

The Town Board will determine whether builder Joe Petrocelli is "qualified and eligible" to buy and develop property for a hotel/condo project in the town square, under the terms of a proposed agreement. (Read it here.)

A "qualified and eligible sponsor" hearing on the town square master developer will take place July 22 at 6 p.m. at Riverhead Town Hall. The hearing is an essential step for the sale of land for development of a hotel that’s the centerpiece of the town square project.

Apartment developer Heatherwood and Riverhead Town officials today celebrated the groundbreaking of a new downtown apartment building on East Main Street, nine years in the making.

The Town Board on Tuesday approved an agreement with the developer of Heatherwood's five-story, mixed-use building on East Main Street allowing it to use certain town land near the construction site for storage and parking.

Riverhead Town is moving ahead with eminent domain proceedings to buy out the lease of the downtown bar Craft’d and acquire the East Main Street building owned by the Long Island Science Center, according to resolutions on the Town Board’s agenda today.

The multi-phased proposed actions included in the determination of non-significance range from the riverfront playground and amphitheater to the Railroad Avenue redevelopment. The town's analysis said a second review of the later phase projects is allowed.

The Long Island Science Center’s president says Riverhead officials are obstructing the organization's plans to build a new museum on East Main Street, as the Town Board moves a step closer towards taking the nonprofit's property using eminent domain.

Riverhead Town has cut ties with the master developers tapped in 2022 to redevelop the blighted area near the Long Island Rail Road station with housing and shops. 

Three years after developers debuted a plan to transform the area around Riverhead’s Long Island Rail Road station into a pedestrian-friendly center with apartments and shops, the project is being reworked and might finally be getting on its feet.

Construction of a hotel, playground and amphitheater at the Riverhead town square could start by next summer, the town’s top planning and economic development official told the Town Board at Thursday’s work session.