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Old Posted Sep 23, 2017, 6:13 PM
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Smile NEW YORK | Bronx Point | FT | FLOORS (1,045 units)

L+M to build hip-hop museum, giant affordable housing complex in South Bronx: Company tapped by city to construct 1,000-unit complex called Bronx Point



Quote:
L+M Development Partners won the bid to turn a vacant waterfront site in the South Bronx into a massive mixed-use development featuring 1,045 units of housing and the borough’s long-awaited “Universal Hip-Hop Museum.”

The development, called Bronx Point, will be located right by Mill Pond Park and the 145th Street Bridge connecting the Bronx to Manhattan. L+M, led by Ron Moelis, will develop it in partnership with Type A Projects, a woman-owned-and-led development company that focuses on building educational spaces and public schools in New York.

The New York City Economic Development Corporation issued a request for proposals at the site last July. L+M has previously worked on projects including the transformation of Seward Park and the conversion of a former Navy prison into an affordable housing project in Brooklyn. Earlier this month, the company partnered with the National Black Theatre to redevelop its home at the corner of 125th Street and Fifth Avenue, and they recently secured $126.5 million in financing to develop a 15-story, 400-unit rental building in East Harlem as well.

In addition to the housing units and a hip-hop museum in the birthplace of rap, Bronx Point will also house a multiplex theater, education space, and a food and beverage hall curated by Anna Castellani of the Dekalb Market Hall in Brooklyn. Organizations like City Science are expected to provide the educational programming, and the team is also looking into a partnership with the Bronx Children’s Museum, according to a joint release by the developers and the city.

Bronx Point will move forward in two phases, according to the city. Phase one, with an anticipated completion date of 2022, will include about 600 units of affordable housing for extremely low income to moderate income tenants, the hip-hop museum and the food hall. It will also include the construction of a waterfront esplanade that will connect to and expand Mill Pond Park, an outdoor performance space, a public plaza along Exterior Street and space for the community service provider BronxWorks. Phase two will consist of the remaining residential units, along with additional commercial and community space.
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1) TRD
2) S9 Architecture
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  #2  
Old Posted Sep 23, 2017, 10:23 PM
Prezrezc Prezrezc is offline
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The whole boro has been abjectly neglected for too long.
It should be burning with hot property values.

This property's proximity to the Stadium is a great beginning.
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  #3  
Old Posted Oct 18, 2017, 1:21 AM
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Just the beginning of the Bronx revolution.

The S.Bronx and East NY are places to watch. Big time stuff will happen.

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City Council approves L+M’s massive South Bronx waterfront project

Quote:
The L+M Development Partners megaproject coming to the South Bronx took a major step forward on Tuesday, when it was officially approved by the City Council.

Officials announced in September that L+M had won the bid to develop a vacant site on the South Bronx waterfront right by Mill Pond Park and the 145th Street Bridge. The company’s project, called Bronx Point, will include 1,045 residential units, a food and beverage hall and the borough’s long-awaited Universal Hip Hop Museum. The City Council’s approval also included extra amenities for the South Bronx community, such as a new school at 639 St. Ann’s Avenue and improvements to Franz Siegel Park.

L+M is building Bronx Point in conjunction with Type A Projects, and the development will move forward in two phases. Phase one, which should be completed in 2022, will include about 600 affordable housing units, the hip-hop museum and the food hall.
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Old Posted Oct 19, 2017, 12:49 AM
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Old Posted Oct 19, 2017, 3:49 AM
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oh no that’s where they put up the tents and have a little kids fair.

maybe they can cut & scratch now and drop science.
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  #6  
Old Posted Dec 31, 2017, 5:12 PM
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Quote:
BRONX POINT
Bronx, New York
Estimated Completion Date: 2020
Property Type: Mixed-Use

The Prusik Group is a development partner in the ground up development of this vacant waterfront site in the South Bronx. Bronx Point will feature 1,045 residential apartments and 60,000 SF of retail/community facility space. The site was won through an RFP process administered by the New York City Economic Development Corporation.
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http://prusikgroup.com/portfolio/
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Old Posted Dec 31, 2017, 6:53 PM
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I hope that height chop is just for the focused retail marketing and not an actual reduction in floor count.
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  #8  
Old Posted Jan 18, 2018, 1:24 AM
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The taller portion in the first post rendering received some step backs and a new redesign. The mechanical isn't as enclosed. Instead, much tighter.
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