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.
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.
Nelson Management paid $51.5 million for the four-building, rent-stabilized complex known as Lafayette Boynton in the Soundview section of the South Bronx in 2011, and they just spent another $17 million renovating its 972 apartments. Now the Forest Hills-based firm plans to build two more 13-story towers in the sprawling development next to Soundview Park.
Last year, YIMBY revealed the two-story, 88,000 square-foot Triangle Plaza Hub planned at 459 East 149th Street, in South Bronx. Now the commercial and community building is close to being fully leased, according to the Daily News. The building is expected to open this upcoming fall, and tenants include Brightpoint Health, DaVita Dialysis Center, Vistasite Eye Care, Fine Fare Supermarket, Metropolitan College of New York and Boston Market. Triangle Equities is developing, and S9 Architecture is designing.
