UNIVERSAL HIP HOP MUSEUM BREAKS GROUND AT BRONX POINT
Credit: Sylvester Zawadzki
Mayor Bill de Blasio, Hip Hop legends Nas, LL Cool J, Fat Joe, Bronx Borough President Ruben Diaz Jr., New York State Assembly Speaker Carl Heastie, City Council Member Diana Ayala, numerous city agencies, and hip hop luminaries took part in the official groundbreaking event for the first phase of Bronx Point. The event took place on Thursday, May 20, at the future home of Bronx Point at 50 East 150th Street in The Bronx.
The much-anticipated $349 million mixed-use project along the Harlem River waterfront in the South Bronx is being developed by L+M Development Partners and Type A Projects, who co-hosted the groundbreaking ceremony.
Bronx Point’s first phase will deliver 542 units of permanently affordable housing to the Lower Concourse neighborhood, along with approximately 2.8 acres of public open space. Additionally, the project will deliver an array of cultural and community-focused programming, including the permanent home of the Universal Hip Hop Museum, an early childhood space run by BronxWorks, and outdoor science programming run by the Billion Oyster Project. S9 Architecture led the design of the 22-story project, and the open space was designed by Marvel Architects in collaboration with Abel Bainnson Butz. Phase one of Bronx Point is expected to be completed by late 2023.
Credit: S9 Architecture (building & aerial renderings); Marvel (esplanade rendering)
The event also served as the official launch of the Universal Hip Hop Museum’s capital campaign. The UHHM will celebrate and preserve the history of local and global Hip Hop music and culture past, present, and future, and is slated to open in Bronx Point in 2024. At the groundbreaking, Bronx Borough President Ruben Diaz Jr. announced that he would contribute $4.2 million from his office’s capital budget to support the Universal Hip Hop Museum’s capital campaign, which is one of the largest single funding allocations of the borough president’s tenure.
“New York City is building a recovery for all of us, and that starts with transformative projects like Bronx Point in the heart of the Bronx,” said Mayor Bill de Blasio. “From major investments in affordable housing to a permanent place to celebrate the music that has made the Bronx famous around the world, this project demonstrates what every real New Yorker already knows: there’s no stopping New York City.”
Credit: S9 Architecture (building & aerial renderings); Marvel (esplanade rendering)
Bronx Point is located on City-owned land and is being financed through a combination of public and private capital, including financing from the New York City Department of Housing Preservation and Development (HPD), the New York City Housing Development Corporation (HDC), Empire State Development, Wells Fargo, and additional private funding. The overall funding includes $323.5 million for the building, along with $27 million for the waterfront esplanade’s construction from the NYCEDC.
In Phase One, Bronx Point’s apartments will be available for families earning between 30 percent to 120 percent of Area Median Income, along with apartments for the formerly homeless. Apartments will include 135 studios, 192 one-bedrooms, 122 two-bedrooms, and 93 three-bedrooms. Tenant amenities will feature an outdoor terrace for residents, on-site laundry, a children’s room, community lounge, bike storage room, on-site fitness center, and around-the-clock front desk security. The project’s second phase is anticipated to include additional housing units along with additional retail and community space. When complete, Bronx Point will include up to 1,045 apartment units.
Credit: S9 Architecture (building & aerial renderings); Marvel (esplanade rendering)