Funding Secured for Brooklyn’s First Supertall, at 9 DeKalb Avenue

9 DeKalb Avenue. Rendering courtesy of SHoP Architects/JDS Development

Developer JDS has secured $664 million in funding for the construction of 9 DeKalb Avenue in Downtown Brooklyn. The future residential skyscraper will soon rise 1,066 feet and become the tallest structure in Brooklyn, as well as the first tower in the outer boroughs to pass the 300-meter “supertall” threshold. The loan is coming from Otéra Capital Inc. and Silverstein Capital Partners. SHoP Architects is designing the building, which is located at the corner of DeKalb Avenue and Fleet Street, and sits across the street from the City Point complex. The development is expected to contain 425 rental apartments and 150 condominiums.

Looking south at the northern tip of the site. Photo by YIMBY user JC_Heights

Work should pick up now that the funding is secured. Photo by YIMBY user JC_Heights

Piling machines at the site. Photo by YIMBY user JC_Heights

With foundation work already begun, construction of the building should pick up swiftly. 9 DeKalb Avenue will rise 73 stories tall and will be enclosed in a riveting dark bronze and glass envelope. A very slender profile, prominent vertical lines, and subtle alternating setbacks further emphasize the sheer height of the reinforced concrete structure. The building’s profile and massing are derived from the geometric outline of the property and draw inspiration from the decorative patterns of the landmarked Dime Savings Bank of Brooklyn, around which the tower will be built.

The bottom portion of the skyscraper will rise from an elongated hexagonal footprint. The preserved bank interior will be repurposed as the new lobby space while the roof above will have a private outdoor residential lounge and a swimming pool. The building will contain 120,000 square feet allocated to ground floor retail space, accessible to pedestrian foot traffic along DeKalb Avenue and the outdoor plazas to the west.

Work on 9 DeKalb Avenue is now expected to be finished sometime in 2022. It is possible that the pilings and foundation walls can be finished by summer, which would allow the building to get above ground in the second half of 2019.

Subscribe to YIMBY’s daily e-mail

Follow
 the YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews