Sunday, May 18, 2014

12-Story Development to Rise on Harlem Traffic Circle

Artimus Construction has been chosen by the Economic Development Corporation, to build a 125,000-square-foot mixed-use project on the site of a former BP gas station near the northwestern corner of Central Park. The 12-story building will house 56 apartments, with space for a local dance group on 110th Street and Frederick Douglass Boulevard.

The company, which has built several projects in Harlem, plans a development that is 80-percent market-rate and 20-percent affordable.

The 13,500-square-foot lot at 2040 Frederick Douglass Boulevard, described by the city as the last underutilized piece of property on Central Park, was bought by Artimus for $25 million.

2040 Frederick Douglass Boulevard will total 87,776 square feet, including a 4,677 square foot commercial component, and an 8,481 square foot community facility. A retail component with a minimum 8,000 square feet space is expected to house a restaurant.

The remaining 74,621 square feet will be divided between 56 residences, and the building will stand 12 stories and 140 feet tall.

2040 Eighth Avenue’s redevelopment is a boon for the neighborhood at large, as the BP gas station had survived long past its prime.

While the revitalization of Harlem began relatively recently, the site of FX Fowle’s latest building is situated in a prime location — the Uptown equivalent of Columbus Circle.

Given the accessibility of the site, the planned scope of 2040 Frederick Douglass is underwhelming, as the lot is literally adjacent to the B and C trains.

Many developments in New York do not meet their full potential and it is unfortunate that something on a scale befitting the potentially iconic location is not being built.

No completion date has been announced.

Visit Our Sponsors

Page Views
Since October 1, 2011