New construction is coming to the desolate industrial area near the rail yards in eastern Mott Haven, in the South Bronx. Radson Development is planning a 13-story affordable apartment building at 869 East 147th Street, between Timson and Austin places.
Dubbed Martin Luther King Jr. Plaza, the development will stretch across the full block, wrapping around the corners of Timson and Austin. It will reach 120 feet into the air and hold 167 units, spread across 144,749 square feet of residential space. The apartments will break down into 16 studio apartments, 67 one-bedrooms, 61 two-bedrooms, and 21 three-bedrooms. Forty-six units will rent to formerly homeless families.
Future residents will be able to enjoy various amenity spaces, including a backyard, recreation and community rooms in the cellar, a shared terrace and another indoor recreation area on the seventh floor, and a 12th-floor lounge.
Magnusson Architecture and Planning, who almost exclusively work on affordable projects, are responsible for the design.
The 24,000-square-foot site is zoned for manufacturing, but Radson is trying to rezone it to allow mid-rise, mixed-use development. The project is making its way through the public review process, and the City Planning Commission is expecting to vote on the rezoning in the next few weeks. The local community board greenlit the new zoning back in May, DNAinfo reported at the time. Based on the developer’s analysis, the rezoning could produce another 366 apartments on top of what’s being built by Radson.
The building application doesn’t list any parking, but the plans presented to the City Planning Commission including a 25-car underground garage. (Technically, no parking is required, because of the new Zoning for Quality and Affordability rules passed in March.)
The development will be 100 percent affordable. Here’s a breakdown of which income levels the apartments will rent to, according to the environmental assessment statement:
33 units for residents with a family income at or below 90 percent AMI ($73,440 for a family of three)
83 units for residents with a family income at or below 60 percent AMI ($48,960 for a family of three)
8 units for residents with a family income at or below 47 percent AMI ($38,352 for a family of three)
8 units for residents with a family income at or below 37 percent AMI ($30,192 for a family of three)
33 units for residents with a family income at or below 25 percent AMI ($20,400 for a family of three)
In general, this block seems like a positive place for rezoning and development. The 6 train is only two blocks away, and St. Mary’s Park and Recreation Center are about five blocks away.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Separated an income to pay the rent, but not many difference about money on this post. (from 100%)