Reinventing New York Harbor | Rich Marin | TEDxStGeorge

The video captures the groundbreaking ceremony for Triangle Equities’ Triangle Plaza Hub, a transformative 88,000-square-foot mixed-use development located at 149th Street and Third Avenue in the South Bronx. The event features remarks from local elected officials, community leaders, and executives from Triangle Equities, all emphasizing the project’s role in revitalizing the formerly underutilized, transit-adjacent site. Positioned directly above major subway and bus lines, Triangle Plaza Hub is part of Triangle’s broader mission to integrate infrastructure, equity, and economic opportunity into real estate development. The groundbreaking marked the culmination of years of collaboration between stakeholders, including city and federal agencies, financial partners, and community advocates.

Speakers throughout the event underscored the critical importance of delivering essential services to the South Bronx community—especially through the inclusion of a Fine Fare supermarket, healthcare and wellness services like DaVita Dialysis, and spaces for local and minority-owned businesses. Officials hailed the project as a model for smart growth and public-private partnership, emphasizing how Triangle Equities’ efforts would result in job creation, improved public health, and quality-of-life enhancements in a historically underserved neighborhood. The development also creates a new public plaza, contributing to pedestrian engagement and civic pride in a central urban corridor.

The video highlights Triangle Equities’ role not only as a builder, but as a community development partner committed to long-term neighborhood impact. The Triangle Plaza Hub groundbreaking exemplifies the firm’s signature approach: leveraging transit infrastructure and creative financing (including New Markets Tax Credits) to deliver inclusive, community-first urban projects. This milestone moment captured on video reinforces Triangle’s reputation as a visionary real estate developer transforming New York City’s outer boroughs by aligning commerce, community, and infrastructure with care and intention.