The Stagg Group has become one of the Bronx’s most prolific developers, with projects stretching from the East Bronx up to Riverdale. And their latest new building is now in the works at 3469 Cannon Place in Kingsbridge Heights, between the Jerome Park Reservoir and the Major Deegan Expressway.
Over the last few months, the Department of City Planning has lost the PR battle over the proposed Jerome Avenue rezoning. Residents and activists accused the city of trying to create a new neighborhood called “Cromwell-Jerome,” a reference to DCP’s initial plans for a zoning study, and in response, officials dropped “Cromwell” from the title. In reality, planning officials hope to revitalize a narrow, 73-block stretch around Jerome, from 167th Street to just south of Fordham Road. They want to improve parks, the streetscape, retail, community services, schools, and economic growth, instead of simply pushing through more housing development.
When YIMBY spoke to former Bronx Borough President Adolfo Carrión (now with Stagg Group) back in October, he told us that the development firm was “working on three market-rate projects on Broadway in Riverdale” to…