{"id":87528,"date":"2026-01-02T18:44:17","date_gmt":"2026-01-02T18:44:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/87528\/"},"modified":"2026-01-02T18:44:17","modified_gmt":"2026-01-02T18:44:17","slug":"hunts-point-produce-market-to-be-rebuilt-for-405-million-new-york-city-officials-say","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/87528\/","title":{"rendered":"Hunts Point Produce Market to be rebuilt for $405 million, New York City officials say"},"content":{"rendered":"

The Hunts Point Produce Market located in the Bronx will be rebuilt as part of a \u201cfirst-of-its-kind\u201d project backed by hundreds of millions in city, state, federal funding.<\/p>\n

On December 30, 2025, the New York City Economic Development Corporation (NYCEDC) announced \u201ca historic agreement to advance the redevelopment of the Hunts Point Produce Market in the Bronx\u201d for $405 million.<\/p>\n

\u00a0Construction is expected to begin in late 2026.<\/p>\n

\u201c\u2026The project will create a new state-of-the-art, intermodal food distribution facility, improve air quality for nearly 13,000 Bronx residents who live on the Hunts Point Peninsula, and generate more than 2,000 new construction jobs, as well as preserve the good-paying jobs already at the current market,\u201d NYCEDC said in a news release<\/a>. \u201cThe new food distribution facility will improve daily market operations while enhancing the long-term viability of the city\u2019s produce businesses by meeting market needs. The redevelopment will also eliminate the stationary diesel-fueled Transport Refrigeration Units (TRU), delivering cleaner air for the nearly 13,000 New Yorkers that reside in the Hunts Point peninsula.\u201d<\/p>\n

See below for goals and objectives of the new Hunts Point Produce Market project:<\/p>\n

Deliver a state-of-the-art, intermodal food distribution facility that supports daily market operations for the city\u2019s produce needsEnhance the long\u2010term viability of the produce businesses by meeting market needsExpand refrigerated warehouse spaceImprove air quality and quality of life for Bronx residentsEliminate stationary diesel TRUs, which currently serve as additional cold storageOptimize site-wide access and traffic circulation to alleviate congestion and reduce truck idlingMinimize multi-modal conflicts between vehicular, truck, rail, and pedestrian trafficIncrease rail efficiency and encourage rail usageMaximize energy efficiency and reduce operating costsReduce waste and waste management expensesPrioritize safety and security of the facilitySupport quality jobs in the Bronx<\/p>\n

Funding for the project includes \u00a0$130 million in city funding, $130 million in state funding through Empire State Development, $145 million in funding through federal grants (including the Federal Highway Administration), and financing anticipated to be raised by NYCEDC through a railroad rehabilitation and an improvement financing loan from the U.S. Department of Transportation.<\/p>\n

\u201cIf you want to see the future of New York City, look to Hunts Point. With cleaner air, cutting-edge technology, and good-paying jobs for working-class New Yorkers, the new Hunts Point Produce Market represents the smart, forward-looking investments our administration has made every day in office,\u201d said\u00a0New York City Mayor Eric Adams. \u201cThis new facility will help transport food from farms upstate to tables all across our city\u2014reducing emissions, creating jobs, and bolstering our supply chain. When we came into office, we promised to build the cleaner, more affordable future Hunts Point deserved, and, with today\u2019s announcement, we are delivering on that promise once again.\u201d<\/p>\n

\u201cNew York state is proud to invest $130 million in the complete transformation of the Hunts Point Produce Market\u2014a facility that feeds millions of New Yorkers every day,\u201d said\u00a0New York Governor Kathy Hochul. \u201cThis redevelopment will deliver cleaner air and better health outcomes for Bronx families, create thousands of good-paying construction jobs, and build a first-of-its-kind all-electric food distribution hub that sets the standard for sustainable infrastructure nationwide.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The Hunts Point Produce Market located in the Bronx will be rebuilt as part of a \u201cfirst-of-its-kind\u201d project…\n","protected":false},"author":2,"featured_media":87529,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,9,24,63,129,131,130],"class_list":["post-87528","post","type-post","status-publish","format-standard","has-post-thumbnail","category-the-bronx","tag-bronx","tag-new-york","tag-new-york-city","tag-nyc","tag-the-bronx","tag-the-bronx-headlines","tag-the-bronx-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/87528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=87528"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/87528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/87529"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=87528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=87528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=87528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}