Chetrit Group and Somerset Partners ready to break ground on South Bronx development

The market rate development will have 430 rentals

Photo credit: Hill West Architects
The South Bronx development (Photo credit: Hill West Architects)

The South Bronx is officially on its way. Chetrit Group and Somerset Partners are breaking ground on a 1,300-unit residential project on the Mott Haven waterfront.

The entirely market rate development, located at 2401 Third Avenue and 101 Lincoln Avenue, features 25-story buildings. It’s a project that has been on hold for nearly a year and half since plans were filed, according to NY Yimby.

When completed, the buildings will have 430 rentals (that’s 164 studios, 96 one-bedrooms, 133 two-bedrooms and three-bedrooms), 416,446 square feet of residential space, a 175-car garage and 4,200 square feet of community space.

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“The roof of the cellar podium, in those areas which surround the towers, is landscaped and set two feet above the 100-year flood plain,” Hill West [TRDataCustom], the project’s architect, told Yimby. “This landscaped deck, open on one side to the river and waterfront esplanade, serves as an entry court and drop-off to both lobbies and is accessed from Third Avenue through a distinctive porte-cochere.”

Amenities include a pet care room, lounge, “quiet room,” gym, event room, bike storage and a pool. [Yimby]Christopher Cameron