Construction is nearing completion on Ogden Theatre Apartments, an affordable housing development at 1415 Ogden Avenue in Highbridge, The Bronx, according to multiple reports. The $66 million project, designed by Aufgang Architects, features 85 units, including 51 supportive housing units for formerly homeless individuals and 34 units reserved for residents qualifying for Section 8 benefits at or below 60% of the area median income (AMI). The development, located at the corner of Ogden Avenue and West 171st Street, was built on a site that previously housed a movie theater, bowling alley, and church. Work on the red and black brick façade and recessed bird-friendly windows is complete, though the ground floor remains partially obstructed by construction barriers.
Amenities include recreational areas, a laundry room, and bicycle parking. The building meets Passive House and Enterprise Green Community Standards and incorporates a rooftop solar array. The nearest subway station, the 4 train at 170th Street, is within walking distance. Construction is expected to conclude next spring, as noted on-site, though some reports cite a 2027 completion date.
Unit Breakdown and Funding
The Ogden Theatre Apartments will provide 51 supportive housing units for formerly homeless individuals and 34 income-restricted units for Section 8 beneficiaries. The project’s $66 million budget includes financing from HPD’s Supportive Housing Loan Program, Low Income Housing Tax Credits, and private equity contributions. Red Stone Equity Partners managed the tax credit syndication, while the development secured a $52.1 million construction loan in 2024. Unique People Services and NCV Capital Partners led the joint partnership, with HUD, HPD, and DOHMH as key governmental collaborators.
Sustainability and Amenities
The development was constructed to meet Passive House and Enterprise Green Community Standards, featuring a rooftop solar array to supplement grid power. Aufgang Architects designed the building, which will be 100% electric with variable refrigerant flow HVAC systems and heat pump water heating. Residents will have access to indoor and outdoor recreational spaces, a laundry room, and bicycle parking. The site’s former uses as a movie theater and church are noted in reports, though no details on historical preservation efforts are provided.
Completion Timeline and Location
Construction at 1415 Ogden Avenue is in its final phase, with the red and black brick façade fully installed. The ground floor remains under cleanup, with metal fencing and plastic barriers still in place. The project’s completion date is cited as “next spring” on-site, but PIX11 has reported a potential 2027 timeline. The development sits near the 4 train’s 170th Street station, offering transit access to the southeast. The site’s location at Ogden Avenue and West 171st Street aligns with broader affordable housing initiatives in the Bronx, though no direct comparisons to other projects are made in the sources.
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