The landmarked Pavilion Theater at 188 Prospect Park West in South Slope will be converted to condos and renovated to include space for a new movie theater. A rep for developer Hidrock Realty adds that the building will also get a sixth story, set back from the roof line of the existing building.
Morris Adjmi will design the development, which will have 24 condos spread across <45,922 square feet of residential space, according to new building applications filed today. That means the average apartment will be 1,913 square feet. The ground floor will host 7,846 square feet of retail, and apartments will be stacked on top.
The new movie theater will be “classy and have the kind of fare that is more appealing to the community—art house, independent programming,” said Hidrock spokesman Ethan Geto. Some of the retail space will go to another tenant, possibly a store or restaurant.
There will also be a 16-car garage in the cellar, which is more parking than the site’s R8B zoning requires, but makes sense for pricey Park Slope condos.
Hidrock bought the theater in 2006 for $16,000,000, and then snapped up the property next door at 192 Prospect Park West for $3,090,750 in 2012. A single-story commercial building, which used to be a restaurant, currently occupies the corner site next to the theater.
The converted building will expand into the adjacent lot, which fronts part of 15th Street and curves around the traffic circle at Bartel Pritchard Square. Residents will enter on 14th Street, and entrances to the theater and retail space will be on Prospect Park West and Bartel Pritchard Square.
However, the Pavilion became part of the Park Slope Historic District in 2012, and the exterior is landmarked. The Landmarks Preservation Commission would have to approve any development next to the theater, or any changes to its exterior.
The developer plans to renovate and restore historic elements on the building’s 1920s exterior, and hopes to get Landmarks approval within the next few months.