Mountco Construction & Development (Mountco) was selected to be the general contractor on 2 buildings in the La Central project located in the Melrose neighborhood of the South Bronx. The buildings will contain a total of 500 housing units, a 50,000 sq ft state of the art YMCA and a parking garage. The construction cost of this portion of the project is $233,000,000. Construction will begin in early 2018 and be completed by fall/winter of 2020.
Stony Point Apartments LLC, an affiliate of the Montel, Ltd. and Mountco Construction & Development Corp. (Mountco) closed on the acquisition and rehabilitation of 75 units of senior housing with a total development cost of approximately $17,400,000. The project is located in Stony Point, New York and the rehabilitation work will start construction in early 2018 and be completed by the end of that year. Mountco is also the general contractor for that project.
Wallkill Apartments LLC, an affiliate of the Montel, Ltd. and Mountco Construction & Development Corp. (Mountco) closed on the acquisition and rehabilitation of 75 units of senior housing with a total development cost of approximately $15,600,000. The project is located in Middletown, New York and the rehabilitation work will start construction in early 2018 and be completed by the end of that year. Mountco is the general contractor for that project.
Spring Valley Apartments LLC, an affiliate of the Montel, Ltd. and Mountco Construction & Development Corp. (Mountco) closed on the acquisition and rehabilitation of 95 units of family housing with a total development cost of approximately $23,700,000. The project is located in Spring Valley, New York and the rehabilitation work will start in early 2018 and be completed by the end of that year. Mountco is also the general contractor for that project.
Petrillo Apartments LLC, an affiliate of Montel, Ltd. and Mountco Construction and Development Corp. (Mountco) team announced the completion of its 124 unit acquisition and rehab project located in Mount Vernon. The total development cost for this project was $25,000,000. Mountco was also the general contractor and completed the renovation work in 12 months.
Washington House Apartments LLC, an affiliate of Montel, Ltd. and Mountco Construction and Development Corp. (Mountco) announced the completion of its 211 unit acquisition and rehab project located in New Rochelle. The total development cost for this project was $40,000,000. Mountco was also the general contractor and completed the renovation work in 12 months.
Sugar Hill is a new mixed-use development in Manhattan’s historic Sugar Hill district of Harlem that will feature affordable housing, early education programs and a new cultural institution. Initiated by non-profit developer of supportive housing, Broadway Housing Communities (BHC), and generated by a tight budget as well as the exacting parameters of the site, the concept challenges the traditional typology. Unusually, the scheme incorporates a public program, with a children’s museum and early childhood center, which resonate with Adjaye Associates’ commitment to a wider urban and cultural responsibility. The 13-storey, 124- apartment affordable housing complex will be located on W. 155th Street at St. Nicholas Avenue. The practice worked closely with the client and local community to ensure the design is tied to its history, practical and aesthetic requirements, through a series of workshops and planning meetings. The brief required a modern design complementary to its surrounding environment of Gothic revival row-houses.
Mid Hudson News
Oct. 2, 2015
Mountco Construction and Development Corporation, based in Scarsdale, has a long track record of rescuing properties and turning them into, among other things, affordable housing for segments of society that often find it hard to make ends meet.
Time Warner Cable News Hudson Valley
Oct. 1, 2015
A local construction company received a community service award Thursday, after their hard work that will impact seniors in Newburgh for years to come.