New York’s first soccer stadium could be coming to the South Bronx waterfront

Stadium is part of a $700M project a Related-led partnership submitted to Empire State Development

TRD New York /
April 17, 2018 05:30 PM

Rendering of Harlem River Yards (Credit: Rafael Vinoly Architects)

UPDATED, 10:05 a.m., April 18: Yankee Stadium’s days as the only major sports arena in the South Bronx could be numbered.

A partnership led by Related Companies has submitted plans to Empire State Development for a massive new development on the South Bronx waterfront, according to YIMBY. The $700 million project would rise above rail yards in the borough and include a 26,000-seat soccer stadium, a 25,000-square-foot medical facility, 150,000 square feet of retail, an 85,000-square-foot park and about 550 units of affordable housing.

The stadium would be the home arena for the New York City Football Club, which currently plays its games in Yankee Stadium.

Related submitted the plans to Empire State Development with Somerset Partners and the New York City Football Club as part of an RFP process, and they are considered favorites to land the winning bid. Somerset had planned to build a massive project with the Chetrit Group near the RFP site, but the companies recently decided to sell that project to Brookfield Property Partners.

The RFP site spans 12.8 acres with 1,200 feet of space along the waterfront. Related expects to finish its project in 2022 if it is selected. [YIMBY] – Eddie Small

Correction: An earlier version of this story said Related’s team had submitted its plans to the city due to an error in the source material.


Related Article

arrow_forward_ios

Aggressive iBuyer Opendoor acquires title and escrow company

Clockwise from top left: 162 West 13th Street, 325 Avenue Y in Brooklyn, 1281 Viele Avenue in the Bronx (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

Here are 5 takeaways from TRD’s deep dive into Eklund-Gomes’ national expansion

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

arrow_forward_ios