September 21, 2007 -
Spotlights
Parkview Commons, a new mixed-use affordable housing complex in the South Bronx, is nearing completion of its third and final phase. This new development encompasses an entire block along 161st St., close to the old landmark courthouse in the Bronx. Designed by award-winning Magnusson Architecture & Planning PC and developed by a joint venture of Nos Quedamos, Melrose Associates and L+M Equity Participants, Parkview Commons continues the ongoing transformation of the Melrose Commons Urban Renewal area.
"The stringent guidelines of the Melrose Commons area definitely affected the design of the building," said Magnus Magnusson, principal of Magnusson Architecture & Planning.
Adding over two hundred units of housing to a block formerly occupied by vacant city-owned properties, Parkview Commons was completed in three phases. Parkview I, the first phase, consists of 110 units in a courtyard plan that rises 9 stories. Parkview II consists of an 89,000 s/f, mixed-use residential building with 88 units.
Parkview III, the final building in the Parkview Commons development creates opportunities for home ownership. Built through the NYC Housing Preservation Department's New Foundations program, Parkview III consists of four 3-family townhouses.