Last week, YIMBY brought you an update on 333 Schermerhorn Street, and now we’ve got a look at 250 Ashland Place, a BAM Cultural District tower rising fast next to the newly built, modernist Theater for a New Audience in Downtown Brooklyn. YIMBY reader Tectonic has been keeping a close watch on all the Downtown towers, and sent along these shots of the construction progress.
The concrete superstructure has reached about 30 stories at the corner of Fulton Street and Ashland Place. Ultimately, the development will top out at 52 stories and hold 586 units, 282 of which will be set aside at below-market rates. Apartments will range from one- to three-bedrooms. Lower income units—118 of them—will rent to families making up to $51,540 a year, and at the high end, 164 units will be set aside for households who make no more than $140,000 annually.
The ground floor will host 10,800 square feet of retail and 8,000 square feet of office space for a yet-to-be-named cultural organization.
FXFOWLE is designing, and Gotham Organization and DT Salazar are the developers.
Construction began over a year ago, and workers spent most of last year excavating the former city-owned parking lot. When it’s complete, 250 Ashland will rank among Brooklyn’s tallest towers, with a roofline of 586 feet.
Meanwhile, Two Trees’ BAM South tower next door only has a few stories of concrete and steel so far. When Curbed checked in earlier this month, they noted that the building hadn’t made much progress since work started in May 2014.