Bronx new development overview


In February, Innovo Property Group and Square Mile Capital Management filed plans for a warehouse in the Bronx at 2505 Bruckner Boulevard. The project will span roughly 800,000 square feet, making it the largest project filed in the borough in 2019 on TRD’s annual list. Not too far behind is L+M Development Partners’ project in the South Bronx at 575 Exterior Street, part of its massive Bronx Point development. The mixed-use building is set to span 424,000 square feet of residential space, 73,000 square feet of commercial space and 60,000 square feet of community space.

All together, the 10 top projects in the borough total 3.2 million square feet of development and will include 2,677 residential units.

10 Largest Developments Filed in the Bronx in 2019

RankAddressSq. Ft.Residential UnitsDeveloper
12505 Bruckner Boulevard798,156.000Innovo Property Group; Square Mile Capital Management
2575 Exterior Street584,876.00542L+M Development Partners
31580 Story Avenue293,303.00562Express Builders
4714 East 241st Street266,350.00251Enclave Equities
52069 Bruckner Boulevard254,650.00265Azimuth Development Group
64720 Third Avenue249,279.00160Cactus Holdings
7180 East 132nd Street224,220.00224Carnegie Management
81169 River Avenue215,008.00245Community Access
9224 East 135th Street197,143.00213Cheskel Schwimmer
10276 Grand Concourse148,071.00215JCS Realty
Source: TRD analysis of NYC Dept. of Buildings data on new building applications filed in 2019.

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