South Bronx’s Hub to kick off construction

TRD New York /
Sep.September 06, 2013 11:44 AM

Work is slated to begin at the Hub in the South Bronx, a set of projects that hopes to revitalize the area’s busy commercial district with a supermarket, college center and redesigned plaza.

The first project, set to kick off as early as this month, is the $40 million, two-building development known as the Triangle Plaza Hub. Triangle Plaza – being developed by Triangle Equities — will bring a branch of the city’s Metropolitan College of New York, a Fine Fare supermarket, and other shops and restaurants to two sites by East 149th Street.

And later in the fall, the city will move to install a $12.7 million seating area complete with trees and a fountain at Roberto Clemente Plaza near the Hub’s intersection, DNAinfo reported. The project will be followed by one to build affordable housing units as well as commercial spaces.

“Right now, we’re living on the verge of change,” Garrett Lucien, an executive at economic development agency SoBRO, told DNAinfo. “This area is set for its boom.” [DNAinfo]Hiten Samtani


Related Articles

arrow_forward_ios
1065-1075 Gerard Avenue in the Bronx 

Prana pays Related $36M in Bronx multifamily play

Prana pays Related $36M in Bronx multifamily play
448 East 143rd Street in the Bronx (Credit: Google Maps)

Private developer’s NYCHA project in Mott Haven lands $79M in financing

Private developer’s NYCHA project in Mott Haven lands $79M in financing
1159 and 1184 River Avenue with Maddd Equities' Jorge Madruga (left) and Joy Construction's Eli Weiss (right) (Credit: Google Maps)

Maddd Equities, Joy Construction score $64M for massive Bronx project

Maddd Equities, Joy Construction score $64M for massive Bronx project
1323 Boston Road, Jeff Fox (Credit: Google Maps)

Foxy Management plans another Bronx senior housing project

Foxy Management plans another Bronx senior housing project
RXR Realty's Scott Rechler and 2413 Third Avenue in the Bronx (Credit: Getty Images; Google Maps)

RXR planning 200-unit South Bronx project

RXR planning 200-unit South Bronx project
From the top: 1600 Macombs Road, 625 Brook Avenue and 2082 Boston Road in the Bronx (Credit: Google Maps)

The top 10 biggest real estate projects coming to NYC

The top 10 biggest real estate projects coming to NYC
1073 Summit Avenue in the Bronx and Stagg Group CEO Mark Stagg (Credit: Google Maps)

Stagg Group to build 105-apartment complex in Highbridge

Stagg Group to build 105-apartment complex in Highbridge
Rendering of La Central (Courtesy of FXCollaborative)

Here are the details on the next building in the Bronx’s La Central development

Here are the details on the next building in the Bronx’s La Central development
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...