Norwood, Bronx
116 Affordable Rental Units
Our Role:
Not-for-Profit Sponsor
Developer: Stagg Group
Norwood Garden Apartments is a proposed residential development located at 3084 Webster Avenue, in the Mosholu/Norwood section of The Bronx. The project is a development by Stagg Group, a builder/developer who has developed over 2500 units of housing in the Bronx and Lower Westchester. Best Development is a development consultant on the project and the Housing Partnership is the nonprofit partner. Design is being completed by Badaly Architects PLLC. As builder/developer, Stagg Group will serve as general contractor. Stagg Group developing this site using the Mixed Income Program. HPD’s Mixed Income Program (aka the Mix & Match Program) funds the new construction of mixed income multi-family rental projects affordable to households earning up to 165% of Area Median Income (AMI).
When completed, Norwood Garden Apartments will consist of approximately 116 residential units. Fifty percent of the units will be targeted to families earning up to 60% of Area Median Income (AMI). The other fifty percent will be targeted, to families earning 80% of AMI, 90% of AMI and 100% of AMI. Of these units approximately 30% will be at 80% AMI rents, 10% at 90% AMI rents and 10% at 100% AMI rents. In addition, the project will include 4,593 square feet of ground floor retail space, 27 parking spaces, laundry room, 69 spaces of bicycle storage and an outdoor recreation area on the second floor.
The proposed development is in the new R7-D Zone created as part of the Webster Avenue Vision Plan. Norwood Gardens’ 116 units will be well served by bus service along Webster Avenue. It will be a short walk to the Norwood/205th St. “D” subway station, and close to the Botanical Garden and Williamsbridge stations of the Metro North Harlem Line. This site overlooks Bronx Park, the Allerton Ballfields, part of the Bronx Greenway and the Bronx River. In 2012, the National Parks Service designated the Bronx portion of the Bronx River as a National Water Trail in recognition of its amazing restoration as a natural and recreational asset.
