On Wednesday, May 25, 2016, Bronx Borough President Ruben Diaz Jr. joined community leaders at the groundbreaking for the new mixed-income Tremont Renaissance housing complex in the East Tremont section of The Bronx. Located between Webster Avenue and Park Avenues, centrally based in a major shopping district and within short distance to various transit hubs, the building will house 256 residential units and approximately 40,000 square feet of ground floor commercial space. The project is expected to create approximately 300 construction jobs and 175 permanent jobs.
“Mixed-income housing is something we take very seriously and Tremont Renaissance is a continuation of all the hard work we have put in over the years,” said Bronx Borough President Ruben Diaz Jr. “We have invested$500,000 in capital funds to support this project, as we take the needed efforts to make sure everyone has an opportunity at affordable housing, regardless of tax bracket. We will continue to work on developments such as Tremont Renaissance to make sure families across The Bronx have an affordable home, and helping our great borough continue its transformation.”