This March, YIMBY covered the approval of the Spofford Juvenile Detention Center by the NYC Council Committee on Land Use. Now, permits have been filed for a fourteen-story mixed-use building at 720 Tiffany Street in Hunts Point, The Bronx. The new development, named ‘The Peninsula,’ will be six blocks from the Longwood Avenue subway station, serviced by the 6 trains. Six blocks further is the Prospect Avenue subway station, serviced by the 2 and 5 trains. The NYC Economic Development Corporation (NYCEDC) is leading the transformation.
The site was formerly known as the Bridges Juvenile Detention Center, which shut down in early 2011. The joint proposal to redevelop was introduced by Gilbane Development Company, the Hudson Companies, and the Mutual Housing Association of New York (MHANY) in October 2016.
According to the NYCEDC, the full plan will yield 840,000 square feet, including 740 affordable housing units, 52,000 square feet of recreational space and a public plaza, 50,000 square feet of light industrial space, 53,500 square feet of artists’ community facility space, and 15,000 square feet of retail and commercial space.
Permits were filed for a 190-foot tall structure that will yield 196,340 square feet, with 166,580 square feet dedicated to residential use, 18,580 square feet for commercial use, and 650 square feet dedicated to community facility use. 183 apartments will be created, averaging 910 square feet apiece.
WXY Architecture is responsible for the design.
Construction is expected to start soon, with phase one finishing by the first quarter of 2021, phase two finishing in 2022, and phase three in 2024. The proposal will cost $300 million.