Skanska and its joint venture partner ECCO III Enterprises have completed the first phase of a $460 million interstate improvement project in the Hunts Point section of the South Bronx. Key project elements include the replacement of four bridges that connect Bruckner Expressway and Bruckner Boulevard over Amtrak and CSX rail lines, improved pedestrian access, and a new community park.
New York governor Kathy Hochul has announced the third and final phase of the $1.7 billion Hunts Point Access Improvement Project is now underway in the South Bronx. Launched in 2019, the goal of the project is to provide improved access between the Hunts Point Peninsula and the Sheridan and Bruckner Expressways for automobiles and trucks traveling to and from wholesale commercial businesses located on the peninsula. The project will also address infrastructure deficiencies in the area.
Construction has topped out on Bronx Logistics Center (BLC), a five-story industrial building in the Hunts Point section of The Bronx. Designed by ARCO Design/Build Industrial and developed by Turnbridge Equities, the structure will span 1.2 million square feet, including 585,000 square feet of Class A warehouse space, a five-story garage for truck fleet parking, and 1,500 surface-level parking spaces. The development is progressing on a 14.2-acre plot along East 149th Street near the East River.
Developers, New York City officials, and community leaders recently joined to celebrate the grand opening of 425 Grand Concourse, a 26-story affordable housing property in Mott Haven, The Bronx. Designed by Dattner Architects and developed by Trinity Financial and local non-profit group MBD Community Housing Corporation, the 300,000-square-foot structure will yield 277 affordable apartments, an educational facility, a health clinic, a supermarket, and a community cultural space.
Construction has topped out on Maven, a 27-story mixed-use tower at 2413 Third Avenue in the Mott Haven section of the South Bronx. Designed by CetraRuddy and developed by RXR Realty, the structure will yield 145,643 square feet with 200 rental units, including 60 rent-stabilized units for middle-income households, as well as a small retail volume on the ground floor and a parking garage equipped with electric vehicle charging stations.