Another affordable housing project is coming to the Bronx, but this one has a basketball court

Project from Procida Companies would contain 103 residential units

TRD NEW YORK /
Aug.August 08, 2017 02:40 PM

1761 Walton Avenue (Credit: Google Maps)

A new residential building featuring 103 units of affordable housing and a basketball court (why not?) is on its way to the Bronx.

General contractor Procida Companies has partnered with the nonprofit Mount Hope Housing Company on the 14-story project, which would be located at 1761 Walton Avenue and span 97,475 square feet, according to plans filed with the Department of Buildings on Tuesday.

The residential units would take up about 89,000 square feet of space, while the remaining space would be reserved for a community facility. This facility would consist of a basketball court and a gym, according to Mario Procida, managing director of Procida Companies.

Procida said he hopes to start construction in late 2018 and complete the project about two years later.

Procida Companies took the number two spot on The Real Deal’s May ranking of the top five general contractors in the Bronx, which found that the firm was responsible for 1.35 million square feet of construction in the borough from January 2012 to March 2017.

Other projects coming to Mount Hope include Bronx developer Sam Kafif’s plans to build a mixed-use development with 119 residential units at 2 Mount Hope Place and investor Robert Lumaj’s plans to build a 64-unit residential building at 1978 Anthony Avenue.

(To view more new development projects in the Bronx, click here)


Related Articles

arrow_forward_ios
A rendering of 165 Broome Street (Credit: Handel Architects)

Nonprofit plans affordable housing development near Essex Crossing

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

1065-1075 Gerard Avenue in the Bronx 

Prana pays Related $36M in Bronx multifamily play

From left: Former New York City Mayor Mike Bloomberg, former South Bend, Indiana Mayor Pete Buttigieg, Sen. Elizabeth Warren, Sen. Bernie Sanders, former Vice President Joe Biden and Sen. Amy Klobuchar (Photo by Win McNamee/Getty Images)

Candidates talk housing issues at Democratic debate

133-25 37th Avenue in Flushing

Developer Gary Tsan buys Flushing property for $60M

DSS commissioner Steven Banks with 148 West 124th Street (left) and 79 East 125th Street (right) (Credit: Google Maps and Getty Images)

City will convert 14 apartment buildings into housing for homeless

A rendering of The Dime at 209 Havemeyer Street in Brooklyn (Credit: Fogarty Finger)

New city rule requires luxury rental buildings to house homeless families

2790 West 5th Street in Coney Island (Credit: Google Maps)

Brooklyn man arrested for claiming to help victims buy Mitchell-Lama apartments

arrow_forward_ios
Loading...