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The City Council decided to enter into an agreement with the organization during its Tuesday meeting. The Council informally decided in September to accept Good Profit’s proposal over a plan submitted by veterans to make the East Main Street building a performing arts center. Donations will fund $19 million of the Good Profit project.
In six months, Good Profit will show the Council plans detailing how much the upgrades will cost, its benefits, and how it plans to finance the project. It will then have nine months to upgrade the armory if the Council okays the plans, according to meeting documents.
The original plans call for the market to sell fresh fruit, vegetables, meat, cheese, bread and other items and to include an eating area. The group also proposes an art gallery in the front of the armory and space to provide services to veterans.
New Rochelle Mayor Noam Bramson said last month that nothing is set in stone concerning the armory.
“The project is not finalized, and it could change. This will be a difficult undertaking,” he said. “There are no guarantees, but a commitment to great effort."
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