Source: Commercial ObserverAfter securing $78.05 million in construction financing, developers have broken ground on a new residential project in the Bronx.
Where is this happening?
Williamsbridge neighborhood, Bronx, New York City
Who is involved?
Developers: B&B; Urban / L+M Development Partners
Designers: MHG Architects
When is this happening?
The building is expected to open by the end of 2022.
Why is this important?
According to Alan Bell, Principal of B&B; Urban, this project “directly addresses NYC’s most urgent needs with 100 percent new affordable housing, including 50 percent of the units set aside for formerly homeless families, in two buildings at a location offering immediate subway access and an array of vital retail services”. (Commercial Observer)
Mix of studio, one-, two-, and three-bedroom units
Landscaped interior courtyard
Rooftop solar panels
Two buildings, each eight-stories tall
170 residential units
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