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NEW YORK CITY—A $300 million plan to tear down the former Spofford Juvenile Detention Center in the South Bronx’s Hunts Point and build a five-acre, live-work, mixed-use campus was approved by the New York City Council.
New York City Economic Development Corporation, the Department of Housing Preservation and Development, and city council member and land use chair Rafael Salamanca Jr. announced the unanimous 48-0 vote that brings the housing and job creation neighborhood one step closer to reality.
Called The Peninsula, the project will begin with abatement, demolition and remediation of the property, followed by construction. The five-building project is scheduled to be constructed in three phases, with anticipated completion dates of 2021, 2022 and 2024.
The Peninsula is an ambitious project extending beyond traditional brick-and-mortar housing. It exemplifies a new model for neighborhood development with industrial jobs, commercial and retail opportunities, health and wellness, and open space recreation—all within a residential community.
The development includes 740 affordable units with rents starting as low as $396 per month. In addition, the campus will provide 52,000 square feet of publicly accessible open space featuring a new plaza, 50,000 square feet of light industrial space encompassing kitchen step-out space for food business entrepreneurs, 53,500 square feet of community facility space including 15,000 square feet planned for artists’ workspace, and 21,000 square feet of commercial and retail space.
With these facilities, The Peninsula will incubate and support homegrown food manufacturing, technology, media production, and commercial and retail businesses in the South Bronx.
Many of the retail, commercial and industrial tenants are Bronx-based organizations and businesses operating in and around the Hunts Point area. This includes Bascom Catering, Hunts Point Brewing Company, Lightbox NY film studio and a supermarket. Nonprofit organizations that will anchor the development include The Point CDC, Space Works and the Bronx Academy of Arts and Dance (BAAD!).
Salamanca tells GlobeSt.com that the campus will also include a 15,000-square-foot early childhood education facility. NYCEDC notes The Peninsula will offer a 16,000 health and wellness center operated by Urban Health Plan. It will connect residents to primary and specialty health care services and employ entry-level health-tech professionals.
Betsy Kim is the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
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