Construction is complete on the first phase of Bronx Point, a 22-story mixed-use building at 575 Exterior Street in the South Bronx. Designed by S9 Architecture and developed by L+M Development Partners, Type A Projects and BronxWorks, the structure will yield 542 durable affordable housing units in studio to three-bedroom floor plans, all reserved for households and individuals living between 30 and 120 percent earn area median income, as well as for the formerly homeless. The building will also have 56,000 square feet of community space and 12,000 square feet of retail space and will serve as the home of the Universal Hip Hop Museum. The building is the first to feature in the $349 million, 530,000-square-foot, mixed-use master plan that includes 1,045 residences and 2.8 acres of public green space adjacent to the Mill Pond designed by Marvel Architects and Abel Bainnson Butz Park will include. The property is located on land bounded by the 145th Street Bridge to the south, Exterior Street and the elevated Major Deegan Expressway to the east, and the Harlem River to the west.
Work has progressed steadily since groundbreaking last May, with the brick façade now enclosing almost half of the reinforced concrete superstructure.
Photos from a distance show the size of the massive superstructure and its upper tier design, as well as its visibility over the relatively low part of town. Bronx Point is one of a number of recent developments transforming the Bronx with a surge of new homes and buildings lining the waterfront.
Bronx point. Photo by Michael Young
575 Exterior Street’s residential program consists of 135 studios, 192 one-bedroom apartments, 122 two-bedroom apartments and 93 three-bedroom apartments. Amenities include an outdoor patio, on-site laundry, children’s room, shared lounge, bike storage, fitness center, and 24-hour front desk. An early childhood learning center operated by BronxWorks and an outdoor science program operated by the Billion Oyster Project will occupy part of the community facility.
The Universal Hip Hop Museum is set to feature hip-hop artifacts, a DJ booth, a graffiti station, a recording studio, and a virtual reality theater developed in partnership with Microsoft. The opening is planned for 2024. The green space will consist of a public plaza, fitness area, expansive lawns, playground, waterfront viewpoints, barbecue area, multiple pathways and public restrooms.
Bronx Point is being developed as a public-private partnership with funding from the city’s Department of Housing Preservation and Development, New York Housing Development Corporation, Empire State Development and Wells Fargo totaling $323.5 million for the Bronx project and $27 million Bronx project built NYC Economic Development Corporation waterfront. The Prusik Group, a partner of L+M’s Essex Crossing on the Lower East Side and the new National Urban League headquarters in Harlem, will act as consultants for Bronx Point’s retail development.
It is reported that Bronx Point as a whole is expected to be fully completed by the end of 2023.
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