Most of Williamsburg’s larger buildings have grown on the Northside, where waterfront parcels were deliberately upzoned. But every once in a while, a developer manages to snag a fairly large parcel like 329 Broadway, on the corner of Rodney Street beneath the elevated J/M/Z tracks.
New building applications were filed yesterday for a 16-story, mixed-use project on the vacant corner lot, which was once home to the Commodore Theater. The building will hold 63 apartments divided across 59,236 square feet of residential space, for fairly roomy units averaging 940 square feet each. The apartments could be large rentals or condos, but given the market in Williamsburg, condos seem like a distinct possibility.
Retail will occupy part of the first two floors, with a 12,614-square-foot commercial component. And parts of the third, fourth and fifth floors will be devoted to 24,575 square feet of community facilities. Amenities and shared roof decks will also take up some of the second through fifth floors.
Residential will begin on the sixth floor, with four units, followed by seven units a piece on the seventh through 13th stories and five each on the 14th and 15th stories.
An underground parking garage will have 109 parking spots—an incredible number for a site just a block and a half from the J, M, and Z trains at Marcy Avenue. But they may be required because the developer chose to include a large amount of community space. In exchange for the community space, the builder gets a significant boost in floor area.
The developer is Juda Klein of Williamsburg-based Parkview Management, and he’s tapped Bryon Russell of Syndicate Architecture to handle the design. The 24,532-square-foot plot last changed hands for $4,700,000 in 2013.