Today, renderings were revealed for two all market-rate waterfront developments in the South Bronx‘s Mott Haven neighborhood; collectively they will feature 1,300 new units.
Developers Somerset Partners and Chetrit Group are behind the projects, according to YIMBY, which are located 2401 Third Avenue and 101 Lincoln Avenue. Both are near the Third Avenue Bridge and New York–based Hill West are the architects.
2401 Third Avenue will feature a standalone 25-story tower and another 25-story tower joined to a 16-story tower via a shared eight-story base. According to YIMBY, 2401 Third Avenue “will host 430 rentals, 416,446 square feet of residential space, and 4,200 square feet of community facility space,” as well as a mixture of one-, two-, and three-bedroom units.
101 Lincoln Ave. (Courtesy Hill West, via YIMBY)
101 Lincoln Avenue will have three 24-story towers and a 22-story tower set atop a six- and seven-story podium. These together will consist of “849 rentals, 817,148 square feet of residential space, 20,500 square feet of retail, and [a] 1,100-square-foot community facility,” YIMBY reported.
Somerset Partners and Chetrit Group are also building a 25,000-square-foot waterfront esplanade, and they have secured funding for one of two phases of construction.