Merchants Capital Delivers $231 Million in Funding for Eastchester Gardens Renovation

Date: June 13, 2025

Publication: CRE Marketbeat

The redevelopment of Eastchester Gardens is being led by the PACT partner team of MDG Design + Construction, Infinite Horizons, and Wavecrest Management. The effort will include a complete rehabilitation of all 887 apartments, shared community spaces, landscaped grounds, and building infrastructure, addressing the full scope of the development’s capital needs.

Eastchester Gardens holds historical significance as the second-oldest public housing development in the borough and one of the earliest in the city. The upcoming upgrades mark a major investment in preserving and modernizing affordable housing in the Bronx.

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