Brooklyn-based developer Hello Living is expanding into The Bronx. The announcement of their purchase of 1049 Washington Avenue in the South Bronx yesterday—their second development and acquisition outside of Brooklyn—also brought forth the first renderings plans to realize the site as condominiums.
Permits have been filed for a four-story residential building at 494 Jackson Avenue, in the South Bronx. The site is five blocks away from the East 149th Street subway station, serviced by the 6 train. Yellow Jacket Ventures, a Brooklyn-based developer, is listed as behind the applications.
When it comes to new developments, stadiums are a rarity in New York City. But today, YIMBY has the first look at an enormous project coming to the South Bronx waterfront, dubbed Harlem River Yards, submitted to the city by a Related-led partnership. The plans would rise adjacent to Somerset Partners’ assortment of new towers already in the works, adding another major affordable housing building, as well as the City’s first dedicated soccer stadium, with 26,000 seats, designed by Rafael Viñoly. The total cost is projected at $700 million.
A new rendering has been released detailing a multi-use structure located in the South Bronx. The property which is currently owned by the city is one of the largest in its possession, and is situated on the Harlem River waterfront just north of the 145th Street bridge, adjacent to the Major Deegan Expressway. The New York City Economic Development Corporation (NYCEDC) has partnered with the Department of Parks and Recreation (DPR), as well as Department of Housing Preservation and Development (HPD) in their development of the property.
The team behind the La Central Development has closed a deal for financing towards the construction of their massive mixed-use project in the Melrose Community of the South Bronx. This is one of the largest mixed-income projects currently under construction in New York City. Once complete, the project will span 1.1 million square feet, with five buildings and 992 units entirely devoted to affordable housing.