Hunts Point Produce Market is in line for a 5 million rebuild

Hunts Point Produce Market is in line for a $635 million rebuild

35 minutes, 39 seconds Read

Eric Adams’ administration leaves Zohran Mamdani with another task: fixing the Hunts Point Produce Market.

Adams announced a project to redevelop the Bronx wholesale complex responsible for distributing much of the city’s fresh fruits and vegetables, Bloomberg reported. The project comes at a time when the aging facility is burdened by pollution and old infrastructure.

The redevelopment is expected to cost $635 million and is expected to replace the facility with an all-electric market with better access to freight and rail transportation. A joint venture led by Aurora Contractors and Primus Builders will eliminate diesel-powered transport refrigeration units, add refrigerated warehouse space and increase circulation throughout the site, according to YIMBY from New York.

Funding for the project is split relatively evenly between federal grants ($145 million), New York City ($130 million), and New York State ($130 million). The city also expects to collect $230 million in federal debt from the Department of Transportation.

The 40-acre facility processes more than 2.5 billion pounds of fruits and vegetables annually and is responsible for supplying about a quarter of the city’s produce to restaurants, bodegas and independent grocers.

The redevelopment is expected to not only create 2,000 construction jobs, but also maintain existing employment at the factory. The next step in the project will be design work and environmental assessments overseen by the city’s Economic Development Corporation. Construction is expected to start at the end of next year.

“This agreement represents an important milestone and creates a clear framework for the next phase of work as we advance the planning and design for a modern, more sustainable market that supports our mission to nourish New York City with fresh produce from around the world,” said Stephen Katzman, co-president of Hunts Point Produce Market, who added that he looked forward to working with the Mamdani government on the project.

Holden Walter Warner

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