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Ground Breaks for Mixed-Use Fordham Place Project

NEW YORK CITY-The project when completed next year will contain 160,000 sf of office and 100,000 sf of retail. Prior to construction beginning the retail portion is almost fully leased.

By Katie Hinderer | Updated on March 15, 2007

NEW YORK CITY-Ground broke this week on the mixed-use project at 400 E. Fordham Rd. and Webster Road in the Bronx. The project marks the first major development in the area for almost 20 years according to developers Acadia and P/A Associates.

“This is one of the most exciting new mixed-use projects coming on-line in the Bronx today,” says Ken Bernstein, president of Acadia, in a statement. “Fordham Place seamlessly synthesizes high design and cost-effective floor layouts with an unsurpassed location in terms of its incredible accessibility, high levels of foot traffic and excellent workforce.”

At full build out Fordham Place will encompass 160,000 sf of office and 100,000 sf of retail on the 14 floors. The project is expected to be completed sometime next year and is situated across from Fordham University’s Rose Hill campus and near the Bronx Zoo and New York Botanical Gardens.

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