A long-vacant, city-owned site along the Harlem River waterfront in the Bronx will be rejuvenated into Bronx Point, a dynamic new waterfront development to be raised in two stages. The first will include much-anticipated features such as the Universal Hip-Hop Museum, the only multiplex in the area, a food hall of Bronx-based vendors curated by Anna Castellani of DeKalb Market Hall Fame, a new waterfront esplanade, an outdoor performance space with public seating and Harlem River views, and approximately 600 units of permanently affordable housing for extremely low- to moderate-income households. About half of the residences will be two- to three-bedroom units.
In total, Bronx Point will bring over 1,000 permanently affordable housing units to the Bronx. The development will be built to LEED Gold Certification standards. Phase 1 is expected to be completed in 2022.
The New York City Economic Development Corporation (NYCEDC) announced the news in partnership with the Departments of Housing Preservation and Development and Parks and Recreation. S9 Architecture is designing the project, and a joint venture between L+M Development Partners and Type A Projects just won the bid for Bronx Point.
This is the latest stage in a long-running process to revitalize the waterfront. In 2015, Mayor Bill de Blasio announced a $194 million capital investment strategy and engaged with the community to inform the infrastructure upgrades. In July 2016, NYCEDC issued a request for proposals.
Bronx Point is currently in the public land use review process. Borough President Ruben Diaz and Parks Commissioner Mitchell J. Silver have already spoken in favor of the project, as have representatives from the Department of Housing Preservation and Development and Community Board 4.
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Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City
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