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 once-blighted neighborhoods of Melrose and Morrisania in the South Bronx are littered with vacant lots, but new affordable housing developments are quickly springing up to fill the holes. Nonprofit SoBro Development Corporation is moving forward with plans for an eight-story affordable and supportive building at 481 East 164th Street, on the corner of Washington Avenue in Morrisania.
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.
Renderings have surfaced for M. Melnick & Company’s planned 17-story, 134-unit mixed-use building at 810 River Avenue, in the Concourse, a block from the B, D and 4 trains’ stop at 161st Street/Yankee Stadium. Per Curbed, the building will measure 151,250 square feet in total, and will feature 24,560 and 1,680 square feet of retail and community space, respectively, across the first two stories. Apartments will average 933 square feet, and SLCE Architects is designing. Excavation work is currently underway.