425 Grand Concourse
The 425 Grand Concourse project is a 27-story, mixed-use, and mixed-income building located in the Bronx, N.Y. When completed, the project will consist of 277 units of housing affordable to households from 30% to 100% of the Area Median Income. In addition to the residential component, the project will also consist of a Supermarket, a Community Health Clinic, an Educational Facility and a Cultural Center. On-site resident amenities will include a fitness center, tenant lounge, community room, a package delivery room, and an accessible roof deck.
The 425 Grand Concourse Project is also designed to meet Passive House Standards – aimed at providing superior energy efficiency within the building and helping to greatly reduce the project’s carbon footprint. When completed 425 Grand Concourse will be one of the largest Passive Houses in North America and a major example of innovative and energy efficient development.
Type: Mixed Income, Mixed-Use
Total Development Cost: $175 Million
Units: 277 / Commercial + Retail – 47,000 SF
Anticipated Completion: 2022