Despite flooding and complaints from angry neighbors, Lightstone has pushed forward with its nearly 700-unit mega development at 363-365 Bond Street along the Gowanus Canal in Brooklyn.
The first of two rental buildings has risen to six stories at 365 Bond, between First and Second Streets. Eventually, both buildings will top out at 12 stories and encompass more than 564,000 square feet. Goldstein, Hill and West are designing the project, which will have 140 affordable units.
Permits approved in November call for 429 apartments spread across 320,736 square feet of residential space, which works out to an average unit size of 747 square feet. There will also be 1,217 square feet for a community facility and 1,240 square feet of retail on the ground floor. The ground floor will have 193 enclosed parking spots (slightly less than required by zoning) and bike storage.
Construction on this first building is expected to wrap by spring 2016.
Next door at 363 Bond, between First and Carroll Streets, workers have spent the last few months driving piles before laying the foundation for the second building. While it will also rise to 12 stories, it’ll house fewer apartments—268—over 244,928 square feet of residential space.
Apartments here will be larger, clocking in at about 913 square feet each. Two commercial spaces and a community facility will take up the first floor, and there will be a 111-car garage in the cellar. The Schedule A also details all kinds of amenities, including a basketball court, gym, locker rooms, children’s play area, pool and two shared outdoor terraces.
Lighstone expects to finish 363 Bond by early 2017, according to the Brooklyn Eagle.