Funding issues have stalled the redevelopment of the massive Kingsbridge Armory in the Bronx, but a sizable affordable housing project is in the works across the street at 2700 Jerome Avenue. Yesterday, developer Alan Bell of B&B Urban filed applications for a 13-story building with a mix of affordable units, supportive housing and retail on a lot next to the Kingsbridge Road stop on the elevated 4 train.
Sequoia Development Group is currently converting the four-story, 55,000 square-foot former paper mill at 456 Johnson Avenue, in East Williamsburg, into a mixed-use commercial property. According to The Real Deal, the upper three floors will have a total of 35 office units, each measuring between 900 and 2,200 square feet apiece. Retail space is planned on the ground floor and the building is being dubbed Paper Mill. The developer is leasing the property from its owner, Maki Realty Corp. Red Hook-based ND Architecture & Design is designing the conversion.
Fareri Associates is planning to develop a three-million square-foot biotechnology research complex on roughly 80 acres of undeveloped land adjacent to the Westchester Medical Center and New York Medical College, in Valhalla. Dubbed the Westchester BioScience & Technology Center, it will, once complete, include 2,252,600 square feet of research facilities, 400,000 square feet of medical offices, and a 34,000 square-foot Children’s Living Science Center. In addition, a 100,000 square-foot hotel with 100 rooms and 114,000 square feet of ground-level retail are planned. The project will be built in phases and is being designed by Torti Gallas & Partners. Of the 80 acres of land, 43.6 acres of land will be preserved as green space. The developer must first lease roughly 60 acres of land from Westchester County, according to Westfair.
The South Bronx is suddenly booming with construction, and YIMBY has renderings for one of the biggest projects underway in Mott Haven, near the banks of the Harlem River. The unique multi-building development will include two affordable rental buildings and a Hampton Inn, on a block next to the Major Deegan Expressway and the 145th Street Bridge to Harlem.
Back in the fall of 2015, Madison Equities and Pizzarotti-IBC closed on the purchase of the 45 Broad Street development site in the Financial District, and now Curbed reports the pair are planning an 86-story, 245-unit residential tower. The supertall – being designed by CetraRuddy – would stretch 1,100 feet into the sky, although some details are still being finalized. In addition, five floors of commercial space are planned, and future residents will have access to amenities including, but not limited to, a swimming pool, a gym, and a lounge. New building applications are expected sometime this summer, and groundbreaking is scheduled for later this fall. A tentative completion date is slated for 2018.