Over the course of two phases, Madd Equities and Joy Construction plan to build a mixed-use commercial facility and 450 units of affordable housing.

The city’s Economic Development Corporation tapped Jorge Madruga’s Maddd Equities and Eli Weiss’ Joy Construction — frequent partners — to develop the 570,000-square-foot site in the Bronx, The City reported. The decision comes after the launch of a bidding process last September.

The city has chosen a new development team that will once again try to transform the long-vacant Kingsbridge Armory in the Bronx.

The city has selected a developer for the long-empty Kingsbridge Armory, following a competitive solicitation process based on community input.

Once completed, the project will include event space, sports fields, educational community space and 450 units of affordable housing next door.

A well-known historic building in the Bronx is about to get a makeover that's been a long time coming. Lawmakers have a multimillion dollar plan in place to revitalize the nearly 6,000 square feet of the Kingsbridge Armory.