Brookfield Properties Unveils New $950M Mixed-Use Development

Credit: ArX Solutions.

NEW YORK CITY – Brookfield Properties has unveiled the renderings of its new $950 million mixed-use development in the Mott Haven submarket of the Bronx. The 4.3-acre development dubbed the Bankside sits along the Harlem River waterfront and will include the creation of more than 1,350 apartments with 30 percent designated to affordable housing.

The development will grant access to Mott Haven’s waterfront for the first time in more than a century through the creation of a public waterfront and promenade. It is comprised of seven towers interconnected by low-rise elements spread across two parcels of land on each side of the Third Avenue Bridge along the Harlem River at 2401 Third Ave. and 101 Lincoln Ave.