Community leaders and elected officials celebrated the groundbreaking for Phase One of Stevenson Square, a new affordable housing development at 755 White Plains Road in Soundview, The Bronx. Spearheaded by Camber Property Group, this first phase will involve two projects: a multifamily rental building for seniors and a homeownership complex with affordable co-ops, both of which were designed by WXY Architecture. The broader Stevenson Square development, which plans to create nearly 1,000 affordable units in total, represents is a $1 billion investment in the Soundview neighborhood.
The first project in phase one, called Building 4 in plans, will be a six-story residential building that will offer 117 studio units of affordable senior living. The multifamily rental building will provide a wide variety of amenities including a gym, roof terrace, and patio.
Render of Building 4, courtesy of WXY Architects
Funding for Building 4 was secured through a partnership with Regional Aid for Interim Needs, which is a Bronx-based nonprofit that specializes in senior care. It is anticipated to cost $76 million and complete construction in January 2026.
Render of Building 4, courtesy of WXY Architects
The second project in phase one will see the construction of two buildings, called Building 5 and Building 6 in project plans. This project plans to focus on homeownership and will create 58 affordable co-op units. Units will be offered in one to three-bedroom configurations and will be priced for households earning between 70-80 percent of the area median income. Amenities will include dishwashers, in-unit laundry, and bike storage.
“Stevenson Square represents an opportunity for us to reimagine housing in our borough by ensuring accessibility, affordability, homeownership, and support for our most vulnerable residents are at the forefront of our housing priorities,” said Bronx Borough President Vanessa L. Gibson. “This $1 billion project will help transform the Soundview neighborhood and ensure our seniors can age in place with dignity and respect, residents living with disabilities will have units dedicated to their unique needs, and families can have ownership of where they live and enjoy building amenities without having to leave their neighborhood. I want to thank Camber Property Group, my colleagues in government, and everyone else responsible for bringing this project one step closer to completion.”
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