Construction of the first phase of Bronx Point, a 22-story mixed-use building located at 575 Outer Street in the South Bronx, has been completed. Designed by S9 Architecture and developed by L+M Development Partners, Type A Projects and BronxWorks, the structure will produce 542 permanently affordable homes in three-bedroom studio layouts, all earmarked for households and people earning between 30 and 120 percent of their income. median income in the region, as well as for the formerly homeless. The building will also include 56,000 square feet of community space, 12,000 square feet of retail space and house the Universal Hip Hop Museum. The building is the first to debut in the $349 million, 530,000 square foot mixed-use masterplan, which will bring 1,045 apartments and 2.8 acres of public green space next to the Mill Pond park designed by Marvel Architects and Abel Bainnson Butz. The property sits on land bounded by the 145th Street Bridge to the south, Exterior Street and the Major Deegan Elevated Freeway to the east, and the Harlem River to the west.
Work has progressed steadily since work began last May, with the brick facade now covering almost half of the reinforced concrete superstructure.
Photos from afar show the scale of the massive superstructure and its upper staircase design, as well as its relatively low level of neighborhood visibility. Bronx Point joins a number of recent developments that are currently transforming the Bronx with a wave of new homes and buildings lining the waterfront.
Point of the Bronx. Photo by Michael Young
The residential program at 575 Exterior Street comprises 135 studios, 192 one-bedroom apartments, 122 two-bedroom apartments and 93 three-bedroom apartments. The property includes an outdoor terrace, on-site launderette, children’s room, shared lounge, bicycle storage, fitness center and 24/7 secure reception. An early learning center operated by BronxWorks and outdoor science programming operated by the Billion Oyster Project will occupy part of the community facility space.
The Universal Hip Hop Museum is set to feature hip hop artifacts, a DJ booth, a graffiti station, a recording studio experience, and a virtual reality theater developed in partnership with Microsoft. The opening is scheduled for 2024. The green space will consist of a public square, a fitness area, vast lawns, a playground, gazebos at the edge of the water, barbecue area, several paths and public toilets.
Bronx Point is being built in 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, as well as $27 million for the NYC Economic Development Corporation’s Waterfront Esplanade. Prusik Group, L+M’s partner on Essex Crossing on the Lower East Side and the new National Urban League headquarters in Harlem, will act as Bronx Point’s business development advisor.
It is reported that Bronx Point as a whole is expected to be fully completed by the end of 2023.
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