With a lift from Opportunity Zone financing, Silverback Development is set to build a $90 million, 200-unit development in the Concourse neighborhood. Plans for the building at 580 Gerard Avenue, where 30 percent of units will be affordable, include retail space and at least 71 parking spaces, according to the company. It will be Silverback’s first project in the borough, with construction expected to begin in the third quarter of 2021. No demolition plans have
source https://therealdeal.com/2020/10/08/silverback-plans-200-unit-south-bronx-opportunity-zone-project/
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