Plans have been announced for a new seven-story office building on the Greenpoint Waterfront, and today, YIMBY has the first renderings for the site. The project is targeted to satisfy the demand for more small Class-A office space in the rising Greenpoint and North Williamsburg areas, which have seen a significant boom in new residential development. Simon Baron Development is the developer behind the uniquely-shaped structure, and FXCollaborative is responsible for the design.
The building will yield 134,000 square feet of office space and 23,000 square feet for manufacturing. The neighborhood will benefit from new ground-floor retail, while tenants will benefit from terraces on each floor, and a shared rooftop terrace with views of Brooklyn and Manhattan. Room for storing 36 vehicles and 85 bicycles will be included on site.
“North Brooklyn is teeming with apartments, hotels, restaurants, and nightlife – but what’s missing is enough high-quality office space to meet the demands of the area’s growing workforce,” said Matthew Baron, President of Simon Baron. “North Brooklyn residents increasingly want to work closer to home, and 12 Franklin will meet that need by providing modern, amenity-rich office space that Brooklyn small businesses have come to expect.”
The certification process for the NYC Planning Commission is expected to start today, and completion is expected by 2021, meaning it will likely open by the time the L train re-opens. The firm acquired 12 Franklin Street in 2016 for $24 million.