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Transit-oriented development

Update: Town Board designates TOD master developers ‘qualified and eligible’

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The Riverhead Town Board on Tuesday voted unanimously to designate joint master developers of the Railroad Avenue transit-oriented development project, RXR and Georgica Green Ventures, a qualified and eligible sponsor under the State Urban Renewal Law.

Developers planning Railroad Ave. revitalization project make their case for being ‘qualified and eligible’

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The joint master developers of the long anticipated revitalization project near the blighted Long Island Rail Road station area in Riverhead presented their financial and development qualifications last night in pursuit of an agreement to develop two multimillion dollar mixed-use buildings on municipal properties.

Hearing on qualifications of developer proposing $117M project near Riverhead railroad station will take place Tuesday evening

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Is the joint venture between developers RXR Realty and Georgica Green Ventures a 'qualified and eligible sponsor' to purchase the properties near the railroad station for their $117 million transit-oriented development project? The Riverhead Town Board will hold a hearing Tuesday evening to get public input.

Riverhead approves master developer for Railroad Avenue area redevelopment

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The town board on Tuesday voted unanimously to accept the recommendation of a committee it appointed last year to name RXR/Georgica Green Ventures as master developer for the transit-oriented redevelopment, which includes a town-owned, two-acre municipal parking lot located between the State Supreme Court building on Court Street and the railroad station.

Master developer to be selected for Railroad Avenue project also has new 5-story building plan pending for West Main Street site

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Georgica Green Ventures, which is about to be named one of the master developers for Riverhead’s transit-oriented development, already has another mixed-use apartment building planned within the Railroad Avenue Overlay District. The five-story building proposed for 426-442 W. Main St., at the corner of Sweezy Avenue, will have 145 market-rate rental units, a 200-seat restaurant and a retail store.

Town board grants preliminary site plan approval to 5-story building on Osborn Avenue

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The mixed-use five-story apartment building proposed for 205 Osborn Avenue gained preliminary site plan approval from the Riverhead Town Board on Tuesday.

Developer of five-story apartment building at Osborn & Court seeks IDA tax breaks, hearing set for Monday

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The developer proposing a five-story mixed-use building on the corner of Osborn Avenue and Court Street is asking the Riverhead Industrial Development Agency for a 10-year real property tax abatement, as well as mortgage tax and sales/use tax exemptions in connection with its $19.6 million project.

Riverhead passed over in federal DOT grant competition, had sought $24M for infrastructure projects

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Riverhead Town's application for a $24 million federal grant for infrastructure improvements was passed over by the U.S. Department of Transportation., which announced grant winners Friday.

First project proposed for new Railroad Avenue district gets green light from town board

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The proposed five-story, mixed-use building on the corner of Osborn Avenue and Court Street does not require additional environmental review because it will not have significant adverse impacts, the town board determined last night. The plan can now move forward in the approval process.
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