Historic Agreement Announced to Advance Redevelopment of Hunts Point Produce Market

Transformation Will Create New, First-of-its-Kind, All-Electric Intermodal Food Distribution Center, Deliver Thousands of Jobs and Cleaner Air

New Hunts Point Produce Market Delivers on Key Commitments in Mayor Adams' 'Hunts Point Forward Plan,' PlaNYC: Getting Sustainability Done,' and 'Green Economy Action Plan'

NEW YORK, NY-New York City Mayor Eric Adams, New York City Economic Development Corporation (NYCEDC) President and CEO Andrew Kimball, and the Hunts Point Terminal Produce Cooperative Association (Hunts Point Produce Cooperative) today announced a historic agreement to advance the redevelopment of the Hunts Point Produce Market in the Bronx. Backed by $405 million in city, state, federal funding, and an anticipated federal loan, the 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. Following a competitive procurement process announced in March, NYCEDC has conditionally selected Aurora-Primus-a joint venture design-build firm with Aurora Contractors, LLC and Primus Builders, Inc. as principal entities-to execute the project. Over the next six months, the parties will work together to advance the project design and make sure the operational needs of the Hunts Point Produce Cooperative can be met at a financially sustainable cost. Construction is expected to begin in late 2026. Once constructed by NYCEDC, the new facility will be leased by the Hunts Point Produce Cooperative. The creation of a brand new Hunts Point Produce Market fulfills key commitments outlined in Mayor Adams's "Hunts Point Forward Plan," "PlaNYC: Getting Sustainability Done," and the "Green Economy Action Plan."

"If 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," said Mayor Adams. "This new facility will help transport food from farms upstate to tables all across our city-reducing 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's announcement, we are delivering on that promise once again."

"New York state is proud to invest $130 million in the complete transformation of the Hunts Point Produce Market-a facility that feeds millions of New Yorkers every day," said New York Governor Kathy Hochul. "This 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."

"This transformation of Hunts Point will bring thousands of jobs, over $400 million in government investments, and massive economic opportunities to the Bronx. Hunts Point's Food Distribution Center is responsible for 12 percent of NYC's food, and today's announcement is a commitment to the wellbeing of all New Yorkers," said Deputy Mayor for Housing, Economic Development, and Workforce Adolfo Carrión, Jr. "As a proud son of the Bronx, this announcement is personal to me. For decades, the Bronx has seen devastating disinvestment. Today we take a critical step in securing the market's future and ensuring the Bronx fulfills its promise as a place of opportunity and prosperity."

"Today is a historic day for Hunts Point, the Bronx, and all of New York City. Through a new agreement with the Hunts Point Terminal Produce Market Cooperative Association, NYCEDC is proud to advance a complete redevelopment of the Produce Market that will fully modernize the aging facility, preserve thousands of good-paying jobs for New Yorkers, and dramatically improve the quality of life for Hunts Point residents by reducing truck traffic and improving air quality," said NYCEDC President and CEO Kimball. "With $405 million committed in city, state, and federal grants as well as an anticipated federal loan, a redeveloped Produce Market will bring huge benefits to New York City. NYCEDC looks forward to working with all of the elected officials who made this possible, alongside the Hunts Point Terminal Produce Cooperative Association and its businesses in transforming a vital link in New York City's food supply chain."