HPD reveals affordable housing property at River Commons in Concourse, Bronx

The New York City Department of Housing Preservation and Development (HPD) has unveiled the first of two new affordable housing units in the southwest corner of the Bronx. Located in Concourse, near the intersection of River Avenue and East 168th Street, Site A will eventually debut as River Commons and include 278 affordable apartments.

Site A currently operates as an above ground parking lot owned by the New York City Health and Hospitals Corporation, also known as H + H. Following a two-year RFP process, HPD selected Type A projects, L + M development partners and BronxWorks as development partners for the new building.

“The project selected for the River Avenue H + H site will transform a surface parking lot into affordable housing and community space for the Southwest Bronx, thus respecting our commitments to the community in the Jerome Avenue neighborhood plan” , said Louise Carroll, commissioner of the HPD. . “I thank Board Member Vanessa Gibson for her continued partnership and congratulate Type A, L + M and BronxWorks for this dynamic and forward-looking proposition. “

Render from River Commons (Site A) – Photo courtesy of Bernheimer Architecture

Designed by Bernheimer Architecture, the building is featured with a light-colored brick facade and a perforated window grille with red accents. The narrow north elevation remains largely untouched and is depicted covered with a large street art fresco.

The Site A apartment mix will include 112 studios, 89 one-bedroom apartments, 63 two-bedroom apartments and 14 three-bedroom units. The ground floor will house two separate community facilities and support service providers.

The first is The African Resource Center, a collaboration between the African Advisory Board and African Communities, and will provide educational programs, services and community meeting space to the rapidly growing and underserved African community in the project area. Today, the region is home to the highest concentration of speakers of African languages ​​in New York.

The BronxWorks Empowerment Center will provide a wide range of services to the community, including health and nutrition education, access to fresh food, after-school and summer camp programs, family support, eviction prevention , as well as employment preparation, training and employment services. BronxWorks will also provide support services to former homeless residents living at River Commons.

As part of the development agreement, L + M is expected to exit the ownership structure in year five, offering its initial stake to BronxWorks for a nominal fee.

“BronxWorks is delighted to partner with Type A Projects, a women-led development team, as a development partner and supportive housing service provider at River Commons, which will provide much-needed affordable housing in the region. Bronx, ”said Eileen Torres, executive director of BronxWorks. “We are also looking forward to expanding our work in the borough by providing residents and the local community, which includes many immigrants, after-school services, job training, eviction prevention and health services. and well-being through our on-site empowerment center. “

Site B is located at 1640-1642 Anthony Avenue in the Claremont section of the Bronx. Designed by Robert AM Stern, the building will include 40 low-income homeownership opportunities reserved for low-income households. The eight-story structure will consist of 20 one-bedroom apartments, 16 two-bedroom apartments and four three-bedroom apartments.

To complete Site B, HPD partnered with Habitat NYC, Camber Property Group and Almat Urban, and Interboro Community Land Trust (CLT).

The two development sites will be built on the Jerome Avenue neighborhood plan. Launched in 2017, the plan aims to improve access to affordable housing opportunities in the Bronx and surrounding communities.

“Building on our Type A partnership with Bronx Point, L + M is proud to provide financial support to this transformation project which not only advances our mission of supporting MWBEs by expanding Type A portfolios and from BronxWorks, but will also provide affordable housing and community resources tailored to meet the needs of the neighborhood, ”said Spencer Orkus, partner and CEO of L + M Development Partners. “We look forward to working with project partners throughout the process to ensure that River Commons is a safe and quality place to live and meets the goals of the Jerome Avenue rezoning. “

So far, rezoning brings more than $ 189 million in capital projects and services to the Bronx neighborhood in new and improved parks and playgrounds, pedestrian safety improvements near the Cross Freeway Bronx, business aid and new schools.

Subscribe to YIMBY’s daily email

To follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
To follow YIMBY Twitter for the latest YIMBY news

Leave a Reply

Your email address will not be published. Required fields are marked *