A new project that involves construction of a 22-story affordable housing building is set to become a cultural hub in the Bronx.

Construction on the 2.8 acres of open space is set to begin in the coming days. 

Bronx Point is expected to be a large housing development with 542 units of affordable housing. The housing will be made available through a lottery system. 

The city-owned land will also be transformed into its own community with 50,000 square feet of space set up for the first universal Hip Hop museum. There will be a community facility that will house an early childhood/pre-K space operated by Bronx Works. In addition, there will be 20,000 square feet of retail space.

Josue Sanchez, a Bronx native and developer on the project, says this development will bring a new look to affordable housing and a brand-new start for many.

“Not only would we provide affordable housing that’s permanent affordable housing, but also provide jobs for the community as well,” says Sanchez. “We are looking to have local hiring initiatives.

News 12 is told the construction on the project is slated to be completed in 2023.