Construction on the next phase of City Point is making strides, and it appears that excavation for phase II and III of the site is nearly complete. The next step in City Point’s progress will include two residential towers along with 650,000 square feet of retail space; the new shops will have a major impact on the surrounding neighborhood, especially the Fulton Street Mall, which remains relatively dilapidated. Cook + Fox is designing the complex.
The first residential towers will stand 30 and 19 floors, and hold a total of 650 units; the skyscrapers should prove to be sleek additions to the Brooklyn skyline, though they will be dwarfed by phase III of the development, which could become the tallest building in the borough. With the amount of construction nearby, that’s a surprisingly impressive feat; several new projects will approach the 600-foot mark, but that seems to be some kind of glass ceiling that – as of 2013 – only City Point stands to challenge.
Foundation work has evidently begun on the entirety of the site, which is a positive sign for the future of phase III; with Brooklyn’s residential market seeing a major resurgence, the demand for new space is definitely there. City Point represents an instance of Brooklyn taking the lead on forward-thinking mixed-use development, and similar undertakings in Midtown and Downtown Manhattan would be greatly beneficial to neighborhood vibrancy in terms of adding major retail and housing.
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