Sunday, October 11, 2015

Two Big Construction Projects to Break Ground on Coney Island

Over the past year, Brooklyn residential projects have dominated the New York City construction scene, and with two new projects slated to break ground in Coney Island, the momentum doesn’t seem to be letting up. Cammeby’s International will soon begin construction of 691,400 square foot mixed-use building at 532 Neptune Avenue in Coney Island, while ARC Electrical & Mechanical Contractors is planning to build its own 86-unit mixed-use building at 2885 West 15th Street.

532-543 Neptune Avenue

Cammeby’s International is preparing to tear down the Trump Village Shopping Center and replace it with a massive 691,405-square-foot mixed-use residential tower.

The new building will have 44 floors, making it the tallest building in Coney Island.

Plans call for 513,850 square feet of residential space divided among 544 rental apartments,  three stories of retail space fronting West 5th and West 6th streets and spanning 162,220 square feet, as well as a 15,521-square-foot community facility.

Amenities for the new building include a fitness center, spa, game room, as well as additional recreation space on the 44th floor. Plans also include construction of a 750 space parking garage.

The development, which will rise more than 430 feet, would be located at 532-543 Neptune Avenue near West 6th Street, right next to the elevated tracks, just half a block from the Neptune Avenue D and F train stop.

SLCE Architects is designing the new building, while Apex Companies, DeSimone Consulting Engineers, and Consentini Associates will consult on environmental issues, structural work, and mechanical work, respectively.

The existing businesses at the Trump Village Shopping Center will be relocated to a bathhouse at 614 Sheepshead Bay Road, which Cammeby's also owns.

The developer purchased the property for $25 million in 2013.

Cammeby’s owns roughly 15,000 units across the city. President Rubin Schron made a $2 billion offer to buy the Empire State Building in 2013.

2885 West 15th Street

Brooklyn-based ARC Electrical & Mechanical Contractors is planning to develop a new, 95,000-square-foot mixed-use building in Coney Island.

The contractor plans to build an eight-story building that will feature 80,269 square feet of residential space across 86 residential units.

The project will also include 12,730 square feet of commercial space with four retail stores on the lower level, as well as 2,441 square feet of community space.

The building, designed by Noesis Designs Architecture, will hold 19 apartment units on each of the second through fourth floors, as well as 14 units on the fifth floor, 11 units on the sixth floor and four units on the seventh floor.

ARC Electrical acquired the vacant residential lot, on the corner of Mermaid Avenue and West 15th Street, in 2012.

The contractor has developed several Brooklyn projects in the past, including an 80-unit rental tower at 574 Fourth Avenue.

ARC Electrical & Mechanical Contractors specializes in electrical and general construction projects for public and private institutions. Since 1995, ARC has provided services to school, universities, hospitals, airports and water treatment plants. The contractor has been involved in projects such as reconstruction of the Queens mid-town tunnel, Kings County Hospital, and an MTA train depot.

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