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)