Starwood, AB Capstone developing mixed-use complex in South Bronx Opp Zone

Just four months after the launch of Starwood Capital Group’s Opportunity Zone fund, the firm has found a place to park some of its funds: the South Bronx. Starwood is teaming up with Queens-based AB Capstone on a 10-story mixed-use development at 425 Westchester Avenue, according to the companies. It’s Starwood’s first announced Opportunity Zone investment. Zeta Charter Schools will anchor the 147,000-square-foot project, which will also have office space for a non-profit group, retail … Continue reading Starwood, AB Capstone developing mixed-use complex in South Bronx Opp Zone