The Community Development Agency functions as the economic development agency for the Town of Riverhead and was established in 1982 under New York State General Municipal Law to foster economic development.  Using powers granted under New York State Urban Renewal Law, pursuant to Section 505 of Article 15, the Community Development Agency has played a critical role in economic development at Calverton Enterprise Park, as well as downtown.  The CDA Board consists of the Chairman (the Town Supervisor) and the four Town board members.  In the capacity as the economic development agency of the Town of Riverhead, the CDA administers and secures financing for numerous downtown revitalization projects and public improvement projects. The CDA has been proactive in fostering economic revitalization in the downtown business district and was a major impetus in the establishment of a 3.2 acre waterfront aquarium.


Town of Riverhead Railroad Street TOD Redevelopment RFQ
Responses due Friday, May 14, 2021 no later than 2:00PM

CDA Meeting Schedule

Bylaws

CDA Bylaws - Resolution #1 1982

Rules of Procedure

CDA Rules of Procedure – Resolution #5 2019

Policies

1. Comprehensive Investment policies, procedures & guidelines- Resolution #5 2007
2. Policies regarding the payment of salary, compensation and reimbursements and rules for the time and attendance of the Chairperson and senior management - Resolution #5 2007
3. CDA whistleblowing policies and procedures - Resolution #5 2007
4. Policies and procedures related to the acquisition and disposition of real property - Resolution #5 2007
5. Policies and procedures related to the disposition of personal property - Resolution #5 2007
6. Policies and procedures related to the procurement of goods and services, - Resolution #5 2007, amended Resolution #2 2012, amended Resolution #5 - 2019
7. The defense and indemnification policy for Directors - - Resolution #5 2007, amended Resolution #2 2012
8. The code of ethics for Directors and non-salaried officers, Resolution #5 2007, amended Resolution #2 2012. Resolution #7 2019
9. CDA travel policies and procedures - Resolution #5 2007, amended Resolution #2 2012. Resolution #7 2019
10. Open Meetings Policy – Resolution #5 2019

Committees

Governance Committee – Resolution ___ 2019 appoints members to committee

  Charter – Adopted Resolution #6 2007

Audit Committee – Resolution __ 2019 appoints members to committee

  Charter – Adopted Resolution #6 2007

Annual Reports

2021 CDA Annual Report
2020 CDA Annual Report
2019 CDA Annual Report
2018 CDA Annual Report
2017 CDA Annual Report
2016 CDA Annual Report
2015 CDA Annual Report
2014 CDA Annual Report
2013 CDA Annual Report
2012 CDA Annual Report
2010 CDA Annual Report
2009 CDA Annual Report
2008 CDA Annual Report
2007 CDA Annual Report
2006 CDA Annual Report 

CDA Policies Relating to the Public Authorities Accountability Act of 2005
as Amended (CDA Resolution #6 2007)
Code of Ethics
Open Meeting Law
Procurement Policy
Resolution Readopting Policies and New Policies

Riverhead Primary Market

Please click below for some recent demographic profiles of the Riverhead Primary Market.   These profiles look at “day trippers” in terms of 30, 60 and 90 minute drive times which encompasses all of Long Island. 

Community Profile Primary Market Area 2015

Tapestry Segmentation Area Profile Primary Market Area

Community Profile 30 60 and 90 Minutes by Car

Map of 30 60 and 90 Minutes by Car

Tapestry Segmentation Area Profile 30 60 and 90 minutes by car

Calverton Enterprise Park (“EPCAL”)

In 1998, the CDA took title to the former Naval Weapons Industrial Reserve Plant at Calverton as the result of special federal legislation, and as such is charged with the task of overseeing economic development at the 2,900 acre site.  Calverton Enterprise Park is the largest commercial industrial subdivision in the northeast and New York State has identified the site as a uniquely important development priority by adopting Special Act S3643A/A4678A for organized and expeditious redevelopment of this urban renewal area.  Calverton Enterprise Park provides a shovel ready site with 90 day permit approval pursuant to special state legislation that incentivizes private investment into an Urban Renewal Area by streamlining the approval process and in turn, lowering the cost of doing business.  Given the large size of undeveloped acreage and the existing infrastructure, the EPCAL site is well suited to attract “game changer” industries for an enhanced development rather than just a conventional industrial park. The current goal for redevelopment of EPCAL at the federal, state, county and local level is to create higher paying manufacturing and construction industries jobs. EPCAL provides proximity to a highly skilled and technically trained workforce, educational and training system, and supply chain partners.  Long Island has played a prominent role in engineering, aerospace, energy and other scientific research.  Brookhaven Department of Energy research is located 10 miles from the EPCAL site.  http://www.bnl.gov  Stony Brook University operates the Calverton Business Incubator on 50 acres of the EPCAL site along NYS Route 25. http://www.stonybrook.edu/calverton/.  Calverton Enterprise Park (“EPCAL”) Redevelopment

Urban Renewal Areas

The CDA has designated several Urban Renewal Areas for the purpose of encouraging neighborhood revitalization and economic development. The designated Urban Renewal Areas include: 1) Calverton Enterprise Park (EPCAL), 2) Millbrook Gables residential community, 3) East Main Street Downtown Business District and 4) Railroad Avenue Corridor. Within the designated boundaries of the urban renewal areas, available incentives are provided where feasible to attract investment and assist owners and businesses in improving their properties.