Project Description
The proposal involves a request from the project sponsor, JGV Management Corp., for construction financing through HPDs Neighborhood Construction Program (NCP) to facilitate the development of a new mixed-use affordable housing building in the Crotona Park East section of the Bronx, Community District 3. The project site is an assemblage of four adjacent properties located at 1319, 1321, 1323, and 1325 Southern Boulevard, on an irregularly shaped block bounded by Southern Boulevard on the east, Louis Nine Boulevard on the west, and Jennings Street to the north. The project site measures approximately 7,160 square feet in area and is currently occupied by four vacant three-story mixed-use buildings. Under the proposal, the existing buildings would be demolished and the site would be developed with a new eight-story mixed-use building containing approximately 31 units of affordable housing (including one superintendent unit), 8,538 gross square feet (gsf) of commercial space, and 865 gsf community facility space. The proposed project is expected to be completed and operational by late 2019.