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What does the area and the surrounding areas looks like right now? This is a big project coming if it is Rezone by the city.
Quote:
Wants the city to rezone the area so it can build 10 high-rise buildings with a total of 1,300 apartments and shops, the New York Daily News reported. According to the Department of City Planning, it would be one of the largest private rezoning projects in the borough since Co-op City. The land -- 215,000 square feet overlooking the Sheridan Expressway and the Bronx River -- was purchased by Signature Urban Properties, led by former City Council Speaker Gifford Miller. The project is expected to cost up to $400 million and could take up to seven years to complete.
Great news. I believe it will be green, urban (mixed use), and very dense. Perfect for this neighborhood. There will be affordable housing units but also it seems market rates. It will be key to better uniting both sides of the Bronx River. The Sheridan Expressway corridor is very desolate as is.
I don't know...that's squeezing pretty tight.
While 215,000 sq.ft. may SOUND like a lot it's under 5 acres...perhaps the developer could make it sound less overcrowded if he expressed the lot size in square inches???
Putting 10 high rises on 5 acres sounds daft to me.
For comparison sake, Newport (on the Jersey City Waterfront) has 10 towers, with a couple more to come but it is built on 160 acres. And really there isn't a lot of wiggle room to spare.
I am a major supporter of the redevelopment of this area into a new urban, pedestrian friendly, mixed income community, including tearing down the Sheridan. However, I would like to see Signature Partner's artist drawings.
Brooklyn's model is not the one to follow, as it is simply driven by realtors/developers marketing/exploiting a brand to make a fast buck, and not for the benefit of the community or borough. The Bronx's model is for the people, by the people, not driven by realtors/developers, not driven by speculators, and not driven for transplants. It is all driven locally and for the benefit of current AND future residents...which is the way it should be.
The Bronx is already well on it's way to a thriving city center, and in fact has taken the lead in the city in a number of initiatives which are changing the course of NYC: the green economy (rooves/wind turbines, etc) weres founded in the Bronx, the model for affordable housing was founded in the Bronx, and the push for pedestrian friendly zones/bike lanes/million trees initiatives, etc also started in the Bronx. All new urban initiatives which are revamping NYC.
We are doing just fine...Brooklyn might be better served taking a few lessons from us.
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