Just more than $3 billion in residential, commercial and institutional projects have been pumped into the Bronx in 2016, according to a newly released report, signaling a continued trend of a Bronx on the mend.

But the report hedges its bets somewhat, throwing in its report the Kingsbridge National Ice Center project, which was mired in delays and near extinction last year. Bronx Borough President Ruben Diaz Jr., which drafted the report and presented it at a forum focusing on development projects in the Bronx, included the $350 million project in the report nonetheless.

The KNIC project stalled after developers failed to secure funding the city needed to approve and activate a 99-year lease. But Governor Andrew Cuomo announced in this year’s State of the State his administration’s approval of a $130 million loan to KNIC, giving it just enough capital to begin the first part of the project. Cuomo’s approval seals a deal that had come just over a year before when developers applied for funding via the state’s Empire State Development Corporation. The funds must be included in this year’s state budget, due April 1.

“I’m confident that it will be voted on,” Diaz, speaking to a group of reporters, said of the budget. “It is my understanding that the city will then, after a week or so, will release the lease to the Kingsbridge National Ice Center folks, and development and construction will begin within another month or so.”

The KNIC development stood as the bellwether project within Community Board 7, which has long awaited for the project to begin.

The project is part of the $924 million in commercial investment for Community Board 7 spread out over the last seven years, although, when negating the pending KNIC project, that investment comes down to $574 million.

Still, the report outlined $3.2 billion in investment for the Bronx, up from 2015 when the borough saw $2.3 billion. The range of projects included a supportive/affordable housing project in the Bedford Park/Kingsbridge Heights area valued at $49.9 million, another supportive/affordable housing project near the corner of Kingsbridge Road and Jerome Avenue at $36 million, and a movie studio in the Soundview section of the Bronx that’s estimated at $59 million.

“I thought we were done,” Marlene Cintron, president of the Bronx Overall Economic Development Corporation, which tasked to attract economic interest to the borough, told developers at the forum. “But we’re not.”

The report showed residential investment as the number one investment vehicle in 2016, coinciding with a four percent population increase the Bronx has seen over the last few years, according to Diaz.

“The diversity here is second to none,” Diaz said.

Diaz chalked up new investments to a lower crime rate unseen across the city since the 1960s.

But how to meet a new population demand amid an era of construction continues to bedevil stakeholders. With a borough burgeoning in population and attracting a new workforce, talk of whether schools, trains, and police precincts are equipped to handle a new demand continues to surface, particularly among Community Board 7. The Board, which covers Norwood, Bedford Park, Kingsbridge Heights, Fordham, and University Heights, has put the question out there, though no sufficient answers have been given.

“It’s not just about bricks and mortars, it’s not just about putting up units, it’s how is it that we also look at development holistically,” Diaz said. He cited a proposal to extend bus service to the southern tip of Port Morris, which will be home to a pair of towers for market rate tenants and the construction of four Metro-North stations along an existing rail line as ways to address the transportation issue.