Harlem’s 125th Street is back in the news again. Back in July the City announced the redevelopment of two major, vacant sites on Harlem’s 125th Street. Today, we are hearing from The New York Times that the redevelopment of Victoria Theater “is back on track and will break ground in the second half of next year.” The delay was due to the financial crisis back in 2008.
The entire project, which is being designed by the same architect firm that built the Livmor Condos on Frederick Douglass Blvd., will include two towers above the theater: a rental building in one tower and hotel in the other tower. The first floor will become the new home of the Classical Theater of Harlem, Jazzmobile, the Harlem Arts Alliance and the Apollo Theater Foundation.
If you’re wondering if all this good news that’s been announced about 125th Street is a coincidence, it’s not. According to the Times article, all these changes being announced is due to the city rezoning the street replacing buildings along 125th with “office towers, residential high-rises and cultural institutions. The rezoning was approved just as the real estate market collapsed, and many of the developments did not get off the ground. Several are starting up again.”
This is great news. Who cares about the timing. We will take it! To read the entire article by the Times, click here.