$35 Million, Multi-Use Complex Provides Mix of Community-Serving Tenants, including Fresh Food Market

WHAT: Triangle Equities, elected officials, and stakeholders will officially celebrate the grand opening of Triangle Plaza Hub, the developer’s $35 million, multi-use complex in the South Bronx. The community-centric development brings a crucial mix of tenants to the area, including Metropolitan College of New York, Fine Fare Supermarket, Brightpoint Health, DaVita Dialysis Center, Vistasite Eye Care, Boston Market and Dunkin Donuts – all of which provide much-needed services and amenities for this area.

Located at the Hub – a Bronx transit center that over 200,000 people pass through daily – Triangle Plaza Hub transformed what had been an under-utilized municipal parking lot in a generally underserved area into a vibrant mixed-use commercial and community facility. In addition, a 6,000-square-foot plaza is open for public enjoyment.

The development is set to create approximately 191 new permanent jobs once all tenants are fully operational and created over 150 construction jobs. Additionally Triangle has been working with the City’s HireNYC program to develop a targeted local hiring and workforce development plan to fill the newly created jobs.

Executives from Triangle Equities, along with elected officials, finance partners, and other stakeholders will be on hand to cut the ribbon and share a few remarks during a brief speaking program.

WHO:

Lester Petracca, President of Triangle Equities

Maria Torres-Springer, President of Economic Development Corporation

Reuben Diaz, Jr., Bronx Borough President

Rafael Salamanca Jr., Councilmember

Marlene Cintron, President of the South Bronx Overall Economic Development Corporation

Sherry Wang, Goldman Sachs Urban Investment Group

Kirsten Shaw, Low Income Investment Fund

Additional stakeholders in attendance

WHEN: Wednesday, July 13, 2016

11:30 AM

WHERE: Triangle Plaza Hub

459 East 149th Street, Bronx, NY 10455