The South Bronx is about to experience an unprecedented construction boom, and the Chetrit Group and Somerset Partners have jumped on the bandwagon by filing new building applications for two 25-story towers at 101 Lincoln Avenue and 2401 3rd Avenue in Mott Haven.
Development is on fire in the Mott Haven section of the South Bronx, but yesterday’s filings brought the largest ground-up project the neighborhood has seen in decades. Williamsburg-based builder Cheskel Schwimmer filed new building applications for a 25-story residential development at 198 East 135th Street, next the Major Deegan Expressway, the Park Avenue Bridge, and the Third Avenue Bridge.
The South Bronx is finally seeing the first glimpses of large, market-rate development, and one hotel developer has taken the plunge by filing new building applications for a 13-story apartment building at 477 Gerard Avenue in Mott Haven, next to his under construction hotel at 500 Exterior Street.
Last week YIMBY revealed two little market-rate projects on Alexander Avenue in Mott Haven. Now the same builder, JCAL Development, is planning the largest market-rate development that the South Bronx has seen in years. New building applications were filed earlier this week for a 12-story building a few blocks south at 329 East 132nd Street, near the Willis Avenue Bridge and the Harlem River waterfront.
New market-rate development is finally happening in the South Bronx, and JCAL Development is leading the way with two small buildings under construction near the Major Deegan Expressway in Mott Haven. Now YIMBY has renderings and construction updates for those two projects at 135 and 136 Alexander Avenue, between East 134th Street and Bruckner Boulevard.