Estela
Estela will be a mixed-use, mixed income multifamily development across two assembled brownfield sites in Bronx’s rapidly-changing Mott Haven neighborhood. The designated Opportunity Zone has seen significant investment activity, supported by a 2009 rezoning and significant investments in public infrastructure.
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PROPERTY TYPE
Mixed-Use, Mixed-Income Multifamily, Retail, Brownfield Redevelopment
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APARTMENTS
544 Across Two Properties
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RETAIL SPACE
9,600sf
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ARCHITECT
S9 Architecture
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DEVELOPMENT COST
$310M
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FINANCING
Goldman Sachs (GS) Urban Investment Group
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COMPLETION DATE
Completed, Q1 2023
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SUSTAINABILITY
LEED Platinum