Mill Creek Residential Trust has revealed renderings of a new residential building, The Modera at 24 Maple Avenue in New Rochelle. Designed by CUBE 3 Architecture, the project arrives as part of the city’s effort to reinvigorate the downtown metro area, and will comprise a mix of market-rate and permanently affordable housing units.
The building will rise eight stories above ground plus one level of underground parking area. The residential component will yield 334 rental apartments with eight studios, 201 one-bedroom apartments, and 125 two-bedroom units. Ten percent of available units will be marketed as permanently affordable homes. Future occupants will also have access to a large roof level terrace and three additional courtyards within the bounds of the development.
The rendering depicts a lively take on modern design with a mix of beige and gray cementitious materials making up the lower portion of the curtain wall, and what appears to be black metal paneling above the setback on the fifth floor. Sections of orange accents are scattered about the façade, adding contrast to the design. There are several small balconies on the lower floors and larger ones for apartments on the upper levels. In addition to the large roof deck on the southern end of the building, there also appears to be terrace space positioned atop the setback on the western elevation.
As part of the project, The Modera will also introduce a new stretch of pedestrian walkways and a new parish center.
Mill Creek purchased the two-acre plot of land from Blessed Sacrament Church in 2020. The sale was facilitated by commercial brokerage firm CBRE, which has not gone on record to confirm the exact sale price.
At this time, there is no confirmed project schedule for the development.