Bronx-based Procida Companies has filed applications for two mid-rise, multi-family mixed-use buildings at 2047 and 2049 Newbold Avenue, located in the East Bronx’s Unionport section. Renderings of the development have been revealed by The Real Deal. The filings indicate the two buildings will rise 10 and 11 stories each, encompassing 112,109 and 94,302 square feet respectively. The 11-story structure would rise along Westchester Avenue and the 10-story building would be located on Newbold Avenue.
The 10-story building will contain 1,350 square feet of community facility space on the ground floor and 124 residential units on the floors above. The 11-story building will feature 7,413 square feet of ground-floor retail, in addition to 82 residential units. Across both buildings, the apartments should average 794 square feet apiece. They will be rentals, of which half, or 103 units, will rent at below-market rates through the housing lottery.
Magnusson Architecture and Planning (MAP) is responsible for the design. The 47,069-square-foot site is vacant.