By KASIA ROMANOWSKA
As the holiday season rapidly approaches, a new shopping center has opened up in the Bronx following a ribbon cutting and a year of debuts for shopping centers across the borough.
Officials announced the opening of Broadway Plaza shopping center in the Riverdale and Kingsbridge neighborhoods, bringing TJ Maxx, Sports Authority, Party City and Aldi food market to the community.
New York City Economic Development Corporation, the City’s arm for real estate and commercial development, announced the 133,000-square-foot shopping center will create nearly 200 new full and part-time jobs.
The 62-year-old shopping center has been renovated by Equity One for about $54 million adding new complex and enhanced pedestrian spaces. The redevelopment has also created a 700-space lot on 230th Street between Broadway and the Major Deegan Expressway.
“By providing new retail to build upon the existing commercial corridor, we are helping to ensure the community can increasingly shop in their neighborhood — spending locally and strengthening the area’s economic engine,” said Kyle Kimball, president of the New York City Economic Development Corporation.
Along with local shopping comes local hiring. Equity One, the developer of the project, intends to hire 75 percent of its employees from the Bronx. It will use a program called aHireNYC, which offers jobs to local, low-income city residents.
The news comes amid an economic explosion in the Bronx, with the Throggs Neck Shopping Center and the massive Bay Plaza Shopping Center opening its doors. The opening of these malls signaled progress for the borough’s high unemployment rate, which dipped to single digits in recent years.