The City Council has approved the rise of a massive affordable housing complex along the Harlem River in the Lower Concourse. Bronx Point will bring up to 1,000 units of permanent affordable housing, a new waterfront esplanade connecting to Mill Pond Park, an outdoor performance space with public seating, a public plaza along Exterior Street, a multiplex movie theater, a home for the Universal Hip Hop Museum, a food hall, and more to the city-owned land just north of the 145th Street Bridge.
The City Council’s approval of the plan marks the end of the land use review process, clearing the way for Bronx Point’s rise. Along with the approval for Bronx Point, the council greenlit a new 572-seat school in Community School District 7 at 639 St. Ann’s Avenue as well as improvements to the nearby Franz Siegal Park.
Bronx Point is being developed by L+M Development Partners with Type A Projects and is a response to a request for proposals the New York City Economic Development Corporation issued in July 2016. The project will be constructed in two phases, the first of which will bring 600 units of permanent affordable housing for extremely low- to moderate-income New Yorkers, half of which will be two- and three-bedrooms targeting families.
The first phase is expected to be complete by 2022.