In the last fiscal year, The Bronx saw $3.3 Bn of new investment (up 37% on 2015); with 14.2 million square feet proposed new development (up 41% on 2015), two thirds of which will be residential. The area of Mott Haven has received most investment so far, with developers Chetrit and Somerset investing $350 Million at Oak Point rail yards, taking advantage of the proximity to Manhattan and the views south across the Harlem River.
All this can be seen as a boon for NYC’s poorest Borough’s tax coffers, property speculators and those looking for a more affordable new rental. But such growth has a flipside for those already living and working there: a rapidly growing, wealthier population means increasing rents, increased pressure on existing public infrastructure: on schools, access to public space, and transportation.
The AIANY Planning & Urban Design Committee along with the American Planning Association, New York Metro Chapter, is organizing a three-part discussion to encourage transparent dialogues between the different stakeholders involved in the planning, urban design and development of projects in the South Bronx.
Molly Bourne, ASLA, Principal, MNLA
Ellen Neises, Adjunct Associate Professor, PennDesign; Executive Director, PennPraxis
James Rausse, Director Planning and Capital Programs, Bronx Borough President’s Office
AIANY Planning and Urban Design Committee