Artimus and Phoenix Realty Group have been selected to build more than 500 mixed-income housing units on two vacant land parcels along the New Stapleton Waterfront on the North Shore of Staten Island, with a quarter of the new units set aside for affordable housing. The development will be the largest mass timber residential project in New York City and one of the largest mass timber residential development projects with affordable housing nationwide, according to Mayor Adams’ office.
“By developing over 500 new mixed-income housing units and expanding public green spaces, we are not only addressing New York City’s housing crisis and advancing promises made in the North Shore Action Plan, but we are also creating a more resilient and sustainable built environment through the use of low-carbon building materials like mass timber,” said Andrew Kimball, president and CEO of the New York City Economic Development Corporation.
The project represents the next phase in development of the New Stapleton Waterfront, helping transform a former U.S. naval base into a 32-acre mixed-use, mixed-income waterfront neighborhood.
The post NYC’s Largest Mass Timber Residential Coming to Stapleton Waterfront appeared first on Connect CRE.
