Friday, January 18, 2013

Major Projects in Development - BROOKLYN

Brooklyn, with its proximity to Manhattan, is experiencing private development on a large scale, and turning it into one of the fastest growing construction markets in the United States. There are a number of large-scale projects which are currently under construction or will be constructed in the near future. 

From residential to commercial; from retail to hotels and institutions... Brooklyn has a number of large-scale projects that are currently under construction, or will be constructed, in the near future. Here are just a few of the projects that TheElectricWeb.com has been following:
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Residential Development
    
Atlantic Yards:   
A 32-story modular tower will rise at the corner of Dean Street and Flatbush Avenue. It will be the first residential building in the $4.9 billion Atlantic Yards project anchored by the new Barclay's Center. 11 more modular buildings with retail space and some 2,250 affordable apartment units will follow the tower.
   [see ElectricWeb | Blogger, Dec 24, 2012

Greenpoint's 10-Tower Complex
   [see ElectricWeb | Blogger, Dec 28, 2012

Domino Sugar Plant Redevelopment:
Two Trees Development recently purchased the stalled Domino project with plans to erect 2,200 residential units.
   [see ElectricWeb | Blogger, Jun 9, 2012

The Hub:
A new $350 million, 52-story apartment tower, to be built at the corner of Flatbush and Schermherhorn Avenues.
   [see ElectricWeb | Blogger, Feb 28, 2012

Giant Gowanus Apartment Project:
   [see ElectricWeb | Blogger, Nov 27, 2012]
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Hotels
There are many new hotels currently in development, ranging from mid-priced chains to full service boutiques.

Hotel Indigo:
   a 184-room hotel is in development at Duffield and Willoughby Streets.

Aloft Hotel:
   a 180-room hotel by Starwood Hotels on Duffield St and Fulton Mall is in development

Holiday Inn:
   plans are underway for construction of a 250-room Holiday Inn on Schermherhorn Street.
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Retail
More than 3.4 million square feet of retail is planned, or under construction in Downtown Brooklyn.

Outlet Mall for Brooklyn Waterfront:
   [see ElectricWeb | Blogger, Sep 29, 2012]
  
A Mall Grows in Bushwick:
A nascent 80,000-square-foot retail and nightlife complex at 82 Bogart Street threatens to cement the neighborhood’s imminent transformation from underground hipness to mainstream retail success.

North Development Corp. acquired the 200-by-400-foot behemoth across the street from the Morgan L train stop in August for $12.15 million, and the developer plans to turn the building, which takes up an entire block, into a sprawling nightlife, retail and artist gallery complex on an otherwise underwhelming stretch in Bushwick.

Zoning on the property also permits the owner to build an additional upper floor, which would double the floor space to 260,000 square feet.
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Mixed-Use

City Point:
A mixed-use development in Downtown Brooklyn encompassing 1.9 million-square-feet of retail and commercial space, and affordable and market rate housing.
   [see ElectricWeb | Blogger, Jan 16, 2013]

New Housing Going up in Crown Heights:
A huge affordable housing and commercial development is in the works for Crown Heights. The project is 250 Utica Avenue, on the corner of Lincoln Place, and it will consist of twelve stories of residential and four stories of commercial space.

L&M Development - builders of the Navy Green development - are building it out, and last week they presented their plans to the CB8 housing committee. The plan consists of (26) studios, (47) one-bedroom, (16) two-bedroom and (8) three-bedroom units.

The commercial space will include a day care center on the first floor, a discount market on the second floor, and a discount gym on the third floor. The commercial space will be LEED certified and the residential portion will be energy efficient, complete with a landscaped roof.

The development will also include 18 ground-level parking spaces for residents and an underground lot with 87 spaces. L&M has already started site excavation and expects the commercial space will be finished in about 18 months. The time frame for completing the residential portion is about 20 to 22 months.
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Institutional
The second phase of the BAM Cultural District Plan consists of the redevelopment of two large sites - North and South - that will create a number of important arts and cultural resources for established and emerging artists. The district will also see a new streetscape and public space design by the famed architect, Ken Smith. The following are development projects in the pipeline:

Theatre for a New Audience:
is building a new facility that includes a 299-seat theatre and rehearsal space. The new building will be located on Ashland Avenue between Fulton Street and Lafayette Avenue. It will serve as a home for the production of Shakespeare and classical works of theater, as well as affordable rehearsal and performance space for rent to the local community.  Construction of the new 50,000 square foot facility began in 2012 and will be completed later this year.

The Strand Theater:
On October 13, the City broke ground on a new home for BRIC Arts | Media | Bklyn and UrbanGlass.The City and the two arts organizations are working with Leeser Architecture, an international firm known for its work with cultural institutions, on this publicly-funded renovation. Completion is expected in 2013.

Streetscape and Public Space:
Request for Proposals have been issued to design the major public spaces and streetscapes in the BAM Cultural District.

The Arts Plaza:
Is a public outdoor space on the North Site off Ashland Place that will link the cultural buildings on the site and provide a place for ongoing visual arts programming.

110 Livingston St:
In conjunction with the development of a 300-unit condominium at the former Board of Education headquarters, developer Two Trees Management selected an arts organization to transform a 6,000 square foot space on the building's ground floor into an active performance facility.
   

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