New renderings have been unveiled for a South Bronx residential project set to rise near the 145th Street Bridge. The Real Deal first reported on this latest update on the Gerard Avenue project, which was announced nearly a year ago.
The developer, Treetop Management, has altered the plans slightly. At the time of the announcement last March, the developer proposed two 12-story buildings spread out over four sites. Plans filed by the developer on Tuesday revealed that one of the buildings, at 445 Gerard Avenue, will be 14 stories tall; the other, at 414 Gerard Avenue, will stand 11 stories.
Treetop unveiled more details about the two buildings on Thursday, including unit breakdowns and amenities for the project. Per the developer, 445 Gerard will have 298 apartments, with the majority being one-bedrooms ranging from 556 to 816 square feet. The building will also be home to a 20,000-square-foot “fresh food market.”
At 414 Gerard, there will be just 116 apartments—one-bedrooms will again make up the bulk of the units—along with 4,200 square foot of retail, though what use that will take has yet to be determined.
The rentals will have a mix of market-rate and affordable apartments, but the developer hasn’t yet settled on the exact distribution, according to TRD, which spoke with one of the executives at Treetop Management.
There will also be a plethora of high-end amenities, including two roof decks, two fitness centers, a yoga room, a pet spa, co-working spaces, and “creative production and entertainment facilities” that include a dance studio. Bond New York will be marketing the two buildings.
Work on the shorter of the two buildings is expected to wrap within the next two years, while work on the taller tower could take up to three years.