Bronx, New York
The 855 Courtlandt project (formerly known as 3160 Park Avenue) is an exciting mixed-use, mixed-income development that has turned a vacant and underutilized parcel in the Bronx into a vibrant and economically impactful addition to the community by providing apartments affordable to households from 60% to 80% of the Area Median Income. The site is located within the Melrose Commons Urban Renewal Area established by the New York City Department of Housing Preservation and Development (HPD) with its community partners. The site was one of the last underdeveloped parcels within the Urban Renewal Area and offered a unique opportunity to put the finishing touches on this ambitious planning effort. 855 Courtlandt is a highly energy-efficient building that exceeds Enterprise Green Communities Criteria, achieved a LEED Silver rating and successfully completed the Voluntary Cleanup Program remediating the contaminated soil on the property.
Type: Mixed Use, Mixed Income Rental
Total Development Cost: $66 Million
Units: 152 rental / Retail: 21,400 sf