Just four months after the launch of Starwood Capital Group’s Opportunity Zone fund, the firm has found a place to park some of its funds: the South Bronx. Starwood is teaming up with Queens-based AB Capstone on a 10-story mixed-use development at 425 Westchester Avenue, the companies announced today. A charter school will anchor the 147,000-square-foot project, which will also have office space for a non-profit group, retail stores and 11,000 square feet of outdoor […]
source https://therealdeal.com/2019/05/09/starwood-ab-capstone-to-develop-mixed-use-complex-in-south-bronx-opportunity-zone/
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