Douglaston Development, New York State Homes and Community Renewal, and New York City Department of Housing Preservation and Development recently announced the closing of construction financing for a $93.5 million mixed-use affordable housing development. The senior housing development addressed as 2856 Webster Avenue will bring 188 units to the Bedford Park neighborhood in The Bronx.
The northwest corner lot is owned by New York Botanical Garden, which executed a 99-year ground lease with Douglaston last year. The second phase of this development includes an affordable mixed-use development at the adjacent 410 Bedford Park Boulevard site.
“The Webster Avenue development is the result of a unique opportunity to transform an underutilized lot owned by The New York Botanical Garden into 188 affordable apartments for seniors,” said RuthAnne Visnauskas, commissioner of Homes and Community Renewal. “This development will help meet a growing need for safe, modern homes for New Yorkers to age in place. Residents will have convenient access to a ground-floor grocery store, on-site social services, and everything The New York Botanical Garden has to offer. As we carry out Governor Cuomo’s ambitious housing plan, we are committed to building and preserving affordable homes and combatting homelessness in every neighborhood of The Bronx, in New York City, and across the state.”
The 12-story structure will yield 107,158 square feet, with 94,472 square feet designated for residential space and 12,686 square feet for commercial use that includes a new supermarket on the ground floor. The grocery store will offer community access to healthy, affordable food. Fordham Bedford Community Services will offer on-site social services to the surrounding neighborhood.
Renderings by architect Stephen B. Jacobs Group depict a white and gray brick façade on the corner building, with an even grid of windows. The commercial space on the ground floor will have floor-to-ceiling windows along one street.
New construction permits were filed in the summer of 2019. Construction is expected to begin this spring and reach completion in 2022.