Phase Two Of The Peninsula Affordable Housing Complex Breaks Ground In Hunts Point, The Bronx

 

 

Last week, development partners Hudson Companies, Gilbane Development Company, and MHANY Management Inc. celebrated the groundbreaking of Phase Two of The Peninsula in Hunts Point, The Bronx at the site of the former Spofford Juvenile Detention Center. The two-building development will offer 100-percent affordable housing, as well as commercial, community facility, and open space.

The ceremony for the $297 million project was also attended by stakeholders from the New York City Economic Development Corporation, the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, and Wells Fargo Bank.

“Breaking ground on Peninsula Buildings 2A and 2B is testament to the development team and the city’s commitment to not only developing housing affordable to the neighborhood, The Bronx, and the city’s low and moderate-income residents, but undertaking the work hand in hand with community and neighborhood partners,” said Ismene Speliotis, executive director of MHANY Management, Inc. “The Peninsula development reflects a true effort in community engagement, and participation that results in beneficial outcomes not only for the individuals, families, businesses, and programs within it, but for all members and stakeholders within the surrounding community.”

“This marks a pivotal moment in transforming what was once a juvenile detention center into a living and thriving community in the heart of the Hunts Point Peninsula,” said Adolfo Carrión Jr, NYC HPD commissioner. “Complete with permanently affordable housing and resources long needed in this corner of The Bronx, this project is a testament to the continued commitment that the city and our development partners share in supporting families and transforming neighborhoods.”

The second phase of The Peninsula will bring 359 affordable units in studio, one-, two-, three-, and four-bedroom layouts. Approximately 73 percent of the units will be available at or below 60 percent of area median income and 15 percent of the units will be set aside for households for the formerly homeless.

Residential amenities will include a gym, a shared laundry room, a children’s playroom, tenant lounge space with access to outdoor terraces, common area and apartment Wi-Fi, and bicycle storage. There will also be a 50,000-square-foot public plaza, a 155-vehicle parking garage, and 20,000 square feet of community facility space. The buildings will also have solar roof panels and sustainable features to harvest rainwater.

The first phase of The Peninsula was completed in 2022 and consists of 183 affordable housing units, a 14,000-square-foot cultural arts center, and a 57,000-square-foot industrial space building.

Once complete in 2029, the entire Peninsula campus will include four mixed-use residential buildings and a light-industrial manufacturing building, 740 affordable homes, 10,720 square feet of retail space targeting a grocery store, 260 parking spaces in two underground garages, 57,000 square feet of open plaza space, and 52,300 square feet of community facility space, including a DOE administered Head Start Facility, Inspiration Point’s cultural arts facility, a Health and Wellness Center operated by Urban Health Plan, and community programs operated by The Point CDC.

Construction completion is expected for summer of 2026.