The South Bronx hotel boom is picking back up again. Last week, plans were filed for a 10-story hotel at 2568 Park Avenue, in an industrially zoned section of Mott Haven.
An 11-story building is nearing completion at 926 Sedgwick Avenue in the Highbridge section of the Bronx. At 117 feet high, the building stands as a minor but noticeable addition to the Harlem River skyline, perched upon the high river bank alongside both pre-war buildings and recent residential developments that flank the Major Deegan Expressway. Listed as a “transient hotel” in the building permits, the property will feature 64 units spread across 29,370 square feet of its 33,000-square-foot interior. Gerald J. Caliendo of Caliendo Architects is the applicant of record. Prasanna Venkatesha of Sita Ram LLC is listed as the owner.
The Bronx Museum of the Arts, located at 1040 Grand Concourse, on the corner of East 165th Street in the South Bronx, is planning a $25 million overhaul and expansion of their 36,000-square-foot facility. The expansion will include more exhibition space and a “glassed-in” area for educational and community programing, the New York Times reports. Venezuelan-American architect Mónica Ponce de León, head of MPdL Studio, will be responsible for the design of the expansion. The museum will remain open during the construction. The first phase is expected to be complete by 2020. The city has already contributed roughly $7 million to the project.
In June of 2015, YIMBY reported on the Request for Proposals (RFP) launched by the city’s Department of Housing Preservation and Development (HPD) for the development site at 425 Grand Concourse, in Mott Haven. Now, Mayor Bill de Blasio’s administration has selected a development team for the 30,000-square-foot site, located on the corner of East 144th Street, Politico New York reports. Trinity Financial and MBD Community Housing Corporation will build a 24-story, 241-unit mixed-use building. The 300,000-square-foot tower will contain only below-market rate rental apartments, in addition to a charter school, a medical facility, community space for cultural and social programs, and a supermarket. It will also be the largest Passive House project in the city. Garrison Playground, located immediately to the north, will be rehabilitated. The city is expected to finance the project, which must first journey through the city’s Urban Land Use Review Procedure (ULURP) process. ULURP is scheduled to begin in early 2017.
Bluestone Group, Altmark Capital, and Princeton Holdings have acquired, for $14.1 million, the six-story, 84,650-square-foot industrial building at 780 East 135th Street, in Port Morris, located five blocks from the Cypress Avenue stop on the 6 train. The previous owner was using the building as a storage facility, although the property is being delivered vacant. The new owners are considering converting it into creative office space or artists’ lofts, according to Commercial Observer. The exact plans for the structure have not yet been finalized or official disclosed.