NEW YORK CITY—The Blumenfeld Development Group has announced it is developing and constructing a 40,000 square foot state-of-the-art retail complex on the corner of Southern boulevard and Hunts Point avenue in the Bronx.
Entitled, “The Crossing,” this marks the Blumenfeld Development Group's first-ever venture into the Bronx, with construction expected to be completed in 2016. BDG is allied with the architectural firm Studio 5 on the design of the center with a number of established brand names already signed as tenants including Dollar Tree, Dunkin Donuts, McDonald's and Red Lobster.
“The Bronx has always been a market of interest for us and an area we would like to focus on. This retail development allows us to present first class retail space in a community that has for far too long been underserved,” says David Blumenfeld, president, BDG Construction Corp. “We are proud to show the borough of the Bronx our one-stop shop development capabilities that range from design and construction to leasing and management.”
The Crossing, which will be the largest retail space of its kind in the area, is located near the Hunts Point Avenue station on the #6 Lexington Ave. local/Pelham Express subway line and has direct access from the Bruckner Expressway.
“BDG has brought its unique commitment to development excellence to landmark buildings in Manhattan, Staten Island and Queens,” Blumenfeld adds. “Our arrival in the Bronx marks the beginning of a unique opportunity for the company and a great experience for the community.”
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
