Triangle Plaza Hub will replace parking lot
A new supermarket will be built near the Hub as part of a new development that will replace the municipal parking lot at Bergen Avenue and East 149th Street.
A Fine Fare market will part of the 88,000-square foot development called Triangle Plaza Hub. On the drawing board since 2011, the project got underway on Sept. 26 when city officials and the developer broke ground.
The project, which will also include a campus of Metropolitan College of New York, is scheduled to be completed by the end of 2014, according to a spokesman for the city’s Economic Development Corporation (EDC), which oversaw the deal.
The supermarket will be the 17th built with financial incentives from the city’s FRESH program, which provides tax credits to bring markets to low-income communities that don’t have ready access to affordable fresh food. The nearest supermarket to the site is more than a quarter of a mile away, according to the EDC.
The entire $35 million project will also benefit from tax credits and other subsidies provided through the EDC and the state’s Empire State Development.
It is expected to provide 191 permanent jobs and 151 construction jobs. The developer, Queens-based Triangle Equities, has agreed to a hiring and workforce development plan designed to fill the jobs created by the project with area residents.
Construction will incorporate green building techniques and the completed project will be certified as energy efficient.
Citing the supermarket, the promise of jobs and the environmental benefits of the project, Bronx Borough President Ruben Diaz Jr., Councilwoman Maria del Carmen Arroyo and Community Board 1 chair George Rodriguez hailed the project at the groundbreaking ceremony.