Borough President Gibson said the report provides insight into emerging economic opportunities in the Bronx. “I am excited about this report, as it shows the growing level of growth and opportunity in our county,” Gibson said. “This level of investment positively reflects our continued efforts to revitalize the Bronx. By partnering with development leaders, Bronx businesses, community councils, nonprofits and elected officials, we achieved significant economic growth last year, spurring local economy, creating jobs and improving the quality of life for all Bronx residents.”

Bronx Community District 4, which includes the neighborhoods of Mt. Eden, Highbridge, West Concourse, East Concourse and Concourse Village, saw the largest number of new housing units, adding more than 2,600 housing units. Meanwhile, Community District 1, which includes Mott Haven, Port Morris and Melrose, ranked second with about 1,850 units. The report also highlights the Penn Access Project, which will create four new accessible Metro-North stations across the Bronx at Hunts Point, Morris Park, Co-op City and Parkchester/Van Nest. According to the MTA, this project will significantly reduce travel time between the Bronx and Manhattan.