ST. ANNE TERRACE - BRONX, NY
St. Ann’s Terrace consists of the rezoning and development of a blighted three block area into a 641 unit, 850,000 square foot, multigenerational residential community with ground floor convenience and neighborhood retail. The site is bordered by St. Ann’s Avenue, East 156th Street, Eagle Avenue and East 159th Street. There are 641 residential apartments, approximately 50,000 Sq. Ft. of ground floor retail and underground parking accommodations for approximately 371 cars under several of the buildings. The site contains 8 buildings. In 2009, St. Ann’s Terrace was ranked as the 14th largest construction project in New York City. Joy Construction Corp. executed the scope of work in 23 months and posted a payment and performance bond for the project’s hard costs of $145 million. Tenants include: Blink Fitness, Family Dollar, Brightside Academy and supermarket, laundry and Urgent Care Facility.