The final phase of construction for an affordable housing complex in West Farms began Friday with an official groundbreaking.
Compass Six, which will eventually stand 16 stories tall and provide 261 affordable homes, is the final phase of the Compass Residences project. Half of the homes in the building are reserved for families who earn under $52,000, with 39 set aside for formerly homeless families. In its entirety, the Compass Residents project development will eventually have a total of 1,400 affordable homes stretched between its eight buildings.
“Building a recovery for all of us means ensuring every New Yorker has fair access to affordable housing. This project will deliver opportunity to a proud neighborhood that has been hit hard by COVID-19, and help West Farms chart a path forward for its recovery,” said Mayor Bill de Blasio in a statement.
“With a new school, space for small businesses, public recreation space, and easy access to health care, the Compass Residences will transform and revitalize the heart of the Bronx,” he said.
In addition to housing, the development will include a public school and a 19,000 square foot commercial space for facilities such as an after-school program, offices, an urgent care facility, community space, and 71 parking spaces.
The revitalization of West Farms Road “would’ve been hard to imagine for many lifelong Bronxites,” said Council Member Rafael Salamanca, Jr. “Once home to numerous factories and industrial buildings and cut off from the waterfront because of the Sheridan Parkway, the area has been thriving thanks to pro-community development and significant infrastructure projects to convert the parkway to a more pedestrian-friendly boulevard.”
“Compass Residences is turning an underused strip of industrial land into a truly valuable asset for the Crotona and West Farms neighborhoods of the Bronx,” Deputy Mayor for Housing and Economic Development Vicki Been said.
The Compass Six site is in a historically industrial area, located at 1923 West Farms Road between Rodman Place and Boston Road. The 2 and 5 trains are within walking distance at the West Farms Square-East Tremont Avenue station.