A sprawling mixed-use development with a substantial wellness-focused community facility will soon make its home in Mount Hope, The Bronx. Located at 1761 Walton Avenue, the 14-story building will span approximately 102,500 square feet and rise from a vacant, L-shaped lot. Mount Hope Housing Company, a Bronx-based community development organization that rehabilitates and manages affordable housing, and Procida Companies, a local general contractor, have partnered on the development.
The residential component will occupy around 94,000 square feet and include 104 rental apartments. Available units will include 60 one-bedroom, 27 two-bedroom, and 17 three-bedroom spreads. As a 100-percent affordable housing development, the apartments are exclusively reserved for individuals and households at 30 to 60 percent area median income.
Community facilities include a large basketball court, a separate fitness center, and associated locker rooms. When complete, the recreational area will comprise 8,500 square feet.
According to documents filed in 2017, construction is expected to conclude by next year.