Current Redevelopment Opportunities on Prospect Avenue
Welcome to the future of New Cassel! The Town of North Hempstead is actively driving revitalization efforts along Prospect Avenue, transforming it into a vibrant, walkable corridor that meets the diverse needs of our community. Supported by community input, extensive planning, and the New Cassel Vision Plan, these priority redevelopment sites are designed to bring essential services, cultural experiences, and economic opportunities to New Cassel.
Each of these key sites offers a unique opportunity for developers, investors, and community stakeholders to contribute to the growth of this thriving area. Explore how you can be part of this exciting transformation by reviewing detailed one-pagers for each site below.
Redevelopment Sites on Prospect Avenue
740-746 Prospect Avenue (Sheridan Street)
- Opportunity: Mixed-use development with residential units and community services.
- Highlights: Prime location for family-focused retail or daycare with housing options.
- 740-746 Prospect One Pager
851 Prospect Avenue (Magnolia Avenue)
- Opportunity: Community-oriented mixed-use hub with essential services and housing.
- Highlights: Ideal for affordable housing and local retail or professional services.
- View One-Pager
887 Prospect Avenue (Swalm Street and Hopper Street)
- Opportunity: Culturally relevant retail destination or mixed-use development.
- Highlights: Perfect for ethnic food markets, local retail, and community events.
- 887 Prospect One Pager
907 Prospect Avenue (Swalm Street and Rushmore Street)
- Opportunity: Mixed-use space for professional services and residential units.
- Highlights: Suitable for medical offices, legal services, or community-focused retail.
- View One-Pager
993 Prospect Avenue (Brooklyn Avenue)
- Opportunity: Retail or community-focused redevelopment in a high-traffic area.
- Highlights: Flexible zoning for community services, potential to attract regional visitors.
- View One-Pager
985 Prospect Avenue (Brooklyn Avenue and New York Avenue)
- Opportunity: Mixed-use development with potential for senior living or affordable housing.
- Highlights: Ground-floor retail with residential units, perfect for a community-centered space.
- View One-Pager
Why Prospect Avenue?
Prospect Avenue is more than a commercial corridor—it’s the core of New Cassel’s vision for a connected, sustainable community. Each redevelopment site has been carefully selected to address local demand for services, increase access to housing, and create a vibrant destination for both residents and visitors. From childcare facilities to culturally relevant retail spaces, these projects will shape the future of New Cassel while preserving its unique character.
Why Invest in New Cassel?
New Cassel is a community on the rise, with increasing demand for diverse retail, essential services, and residential spaces. Strategically located in the Town of North Hempstead, New Cassel offers excellent connectivity, proximity to public transit, and a supportive local government focused on revitalization and economic development. Here’s why New Cassel is a unique and promising investment opportunity:
- Growing Market Demand: With a high demand for community-oriented businesses, affordable housing, and culturally relevant retail, New Cassel provides a receptive market for developments that address these needs. The area’s diverse population brings unique market demands, making it an ideal location for businesses tailored to serve a multicultural community.
- Community-Centric Development Incentives: Supported by the New Cassel Vision Plan and active partnerships with the NYS Department of State and US EPA, New Cassel is designed to foster sustainable growth. Investors benefit from flexible zoning, redevelopment grants, and potential tax incentives aimed at building a thriving, resilient community.
- Proximity to Major Transportation: Located near the Long Island Rail Road (LIRR) and major highways, New Cassel offers convenient access for both residents and visitors, increasing foot traffic and business potential. The nearby Westbury LIRR station provides easy connections, enhancing the area’s accessibility for retail, services, and residential developments.
- Commitment to Community Growth: New Cassel’s residents and local organizations are invested in the area’s revitalization. Redevelopments along Prospect Avenue are strongly supported by the community, as they align with local needs and contribute to a vibrant, walkable town center.
- Investment in Infrastructure: With ongoing improvements in public spaces, transit, and infrastructure, New Cassel is primed for long-term growth. The area’s robust infrastructure supports mixed-use developments, family-friendly retail, and innovative business ventures that can thrive within the community’s ecosystem.
New Cassel presents a rare opportunity to participate in a transformative phase of development, creating lasting impact while capitalizing on a growing market. Invest in New Cassel and be part of a community-focused journey toward economic growth and cultural vibrancy.
