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Many longtime Bronx developers bought land before the recent surge in prices. Stagg, for example, is developing 130 market-rate units at a former horse stable at 1680 Pelham Parkway, which he described as a “quality building.”...

The Stagg Group , one of the Bronx’s most active developers, on Wednesday filed plans for a six-story, mixed-used building in the Kingsbridge neighborhood....

Mr. Carrión, the former Bronx borough president, said Stagg is “breaking new ground,” no pun intended, by investing in the Webster corridor. “It’s really the next big neighborhod in the Bronx,” he said....