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• Nov 2, 2023

At TD, we're investing time, talent, and resources to boost access to affordable, sustainable housing. 425 Grand Concourse in the Bronx, New York, is a remarkable housing project that seamlessly combines both affordability and sustainability; it stands as a 26-story testament to the power of innovation, forward-thinking, and thoughtful collaboration among stakeholders.

"Passive housing" is a design process that makes use of natural resources to create an energy-efficient, environmentally-friendly, comfortable space. 425 is not only the largest skyscraper in the Bronx, but is certified as the largest passive house project in all of North America. One of the goals in building 425 as a passive building was to help mitigate poor air quality in an area plagued by high asthma rates. It now stands as a model for healthy living environments and is 70% more energy-efficient than traditional high-rise new construction.

The all-electric, mixed-use, mixed-income development boasts 277 affordable units with 28 units set aside for individuals who were formerly unhoused. The campus also includes community-centered amenities, like onsite health and educational facilities, and a supermarket.

This short video will take you on a journey through this groundbreaking project, showcasing its unique design, how TD worked together with stakeholders to help bring it to fruition, and how living at 425 impacts a resident and her family.

Want to learn more about ESG?
See How TD Bank is Protecting Affordable Housing Across Philadelphia
TD Charitable Foundation Awards $7 Million to 37 Non-Profits Helping Preserve Affordable Rental Housing
Meet the Heroes Fighting to Make Housing More Affordable for Everyone

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