Hudson Companies has achieved a major milestone at La Central, a 1.1-million-square-foot affordable housing development in The Bronx, where a collection of new commercial tenants will soon open shop. Tenants include a community-based café, a sit-down Mexican restaurant, a take-out pizza shop, an organic grocer, and an operator for the 135-space on-site parking garage.
Permits have been filed for a 12-story mixed-use building at 90-02 168th Street in Jamaica, Queens. Located at the intersection of 90th Avenue and 168th Street, the corner lot is a five-minute walk to the 169th Street subway station, serviced by the E and F trains. BRP Companies under the 90 Ninety Developer LLC is listed as the owner behind the applications.
National Urban League is moving to 121 West 125th Street on Harlem‘s main corridor as part of a massive $242 million development. The historic civil rights organization is leaving its Financial District location for a 21,500-square-foot plot between Adam Clayton Powell Jr. Boulevard and Lenox Avenue. Designed by Beyer Blinder Belle and developed by BRP Companies, Dabar Development, L+M Development Partners, Taconic Partners and Prusik Group, the mixed-use project will yield a total of 414,000 square feet and rise 17 stories. Additional components include 170 affordable housing units, 70,000-square-feet of Class A office space, and 110,000 square feet of retail.
BRP Companies has selected JLL Capital Markets as its partner in a joint venture equity agreement to finance the construction of Archers Towers in Jamaica, Queens. The project is valued at $286 million and will yield 605 rental units and a mix of residential amenities. Located at 163-05 Archer Avenue, the development will top out at 24 stories and comprise a total of 540,000 square feet. The residential component will be divided into 424 market-rate apartments and 181 mixed-income units. At this time, the specific income requirements or restrictions for the mixed-income units has not been revealed.
Construction has topped out at Caton Flats, a 14-story residential tower in Flatbush, Brooklyn. The structure is located at 800 Flatbush Avenue and will eventually support a community of 255 affordable housing units and revitalize the long-running Flatbush Caton Market with 16,000 square feet of new space for a Caribbean marketplace and an economic development incubator.
