An updated rendering has been revealed for the phase two retail portion of Neptune/Sixth, a multi-building, mixed-use development located at 532 Neptune Avenue and 626 Sheepshead Bay Road, in Coney Island. The first phase, now under construction, consists of a seven-story, 161,000-square-foot mixed-use commercial building. The second phase of the project will be a single-story, 90,000-square-foot retail building. CVS Pharmacy recently signed a lease for 11,300 square feet in the building and construction is set to begin later this fall.
The retail building will eventually be joined by a 41-story, 430-unit residential tower in the project’s third phase. The latest building permits indicate the second and third phases will encompass 752,880 square feet. There will be 146,411 square feet of commercial-retail across three levels. The residential units in the tower should average 1,189 square feet apiece, a size that likely indicates condominiums.
Cammeby’s International is the developer. S9 Architecture is the design architect and SLCE Architects is the executive architect. Completion on phase one is expected in mid-2017, although projected completion dates for the other two phases have not been disclosed.
Older preliminary rendering of 532 Neptune Avenue. Rendering by SLCE.
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I am confused. Why is there a reference to Sheepshead? I thought this was all in Coney Island.
The big residential building will be on the corner of West 8th and Sheepshead Bay Road. Yes it’s in Coney Island but there is a block called “Sheepshead Bay Rd.”
I’m guessing years ago (maybe when Neptune station was called Van Sicklen and Neptune Avenue made that curve by West 5th to what now is Shell Road) Sheepshead Bay Rd ran up until Coney Island(?). I do know a lot of small streets disappeared from the neighborhood when the building on West 6th and Shell Rd and that parking lot across the street from McDonald’s were built.
Someone made some effort for some detailing, so there’s some relief to local residents and potential tenants.
First, second and third phases in the project, attach development to retail and condominiums.