City Officials, Local Elected Officials and Development Partners Break Ground on Phase One of the Peninsula, a 100 % Affordable Mixed-Use Development in the Bronx
Bronx, NY — The project will convert the former Spofford Juvenile Detention Center into a vibrant, mixed-use development that will bring more than 700 units of affordable housing, open space including a new public plaza, light industrial business opportunities, community facilities, and ground-floor retail to the Hunts Point neighborhood.
NYCEDC, HDC, and HPD in partnership with the development team Hudson Companies, Gilbane Development Company, and MHANY will begin construction on the first phase of the Peninsula. Phase one will include 56,000 square feet of industrial space – designed to support various Bronx-based small to medium-sized industrial and light manufacturing businesses – in addition to 183 units of deeply affordable housing – studios to three-bedroom units – for extremely low-, very low-, and low-income New Yorkers. An additional 10 percent of the units will be set aside for formerly homeless individuals. The first residential phase is expected to be completed in 2021.
The development team has committed to a 35% MWBE participation goal and will partake in HireNYC, a free NYCEDC program that connects the City’s workforce development services to various projects.
“The Peninsula is a physical manifestation of this administration’s commitment to building inclusively and equitably,” said Deputy Mayor Vicki Been. “This project transforms the former Spofford Juvenile Detention facility into much needed affordable housing, open space, community facilities, and locally-owned manufacturing and retail space for good-paying jobs. We are closing the chapter of a long-dormant site and making critical investments for a strong, vibrant neighborhood.”
NYCEDC invested significantly in the industrial component of phase one, including an allocation of $15 million through the IDF award and $3 million through the IDLF program. The $121.5 million residential phase one of the Peninsula was financed by HPD and HDC. The construction loan will be serviced by Wells Fargo Bank, which is also the Low Income Housing Tax Credit equity investor. The land is being conveyed to new ownership under a ground lease with the City facilitated by EDC. The project was designed collaboratively by WXY Architecture + Urban Design and Body Lawson Associates.
In June 2015, NYCEDC issued a request for expressions of interest (RFEI) to redevelop the vacant site. The Peninsula fulfills a long-term goal of repurposing this site into a thriving community asset and represents a significant milestone for the South Bronx. The development process has been guided by local elected officials, residents and stakeholders, including Council Member Rafael Salamanca Jr., Urban Health Plan, The Point CDC, Bronx Community Board 2, BronxWorks, the Hunts Point Alliance for Children, City Year, Youth Ministries for Peace and Justice, Casita Maria Center for Arts and Education, Sustainable South Bronx and more.
Spofford Juvenile Detention Center was in operation for more than 50 years before it closed in 2011. The Peninsula, a 5-acre, mixed-use development will deliver 740 units of affordable housing, approximately 52,000 square feet of publicly accessible open space, 56,000 square feet of light industrial space, including a kitchen step-up space for food business entrepreneurs, 53,500 square feet of community space, including a daycare center, and artist workspace to be operated by SpaceWorks. This includes an on-site educational facility that will feature career-readiness programming, a health and wellness center operated by Urban Health Plan, and 17,000 square feet of ground-floor retail space. Once complete, the residential units, ranging in size from studios to four-bedrooms, will be affordable to low-and moderate-income families earning a wide variety of incomes. The entire Peninsula project is expected to be completed by 2025.