After four years of delayed construction, financial missteps, and lawsuits, Forest City Ratner and Greenland U.S.A. are finally welcoming tenants into 461 Dean Street, currently the tallest skyscraper in the world constructed with modular units. The 32-story tower on the edge of Prospect Heights and Park Slope offers sweeping views of brownstone Brooklyn, but its lengthy construction saga highlights the myriad issues facing developers who want to build with modular construction.
461 Dean Street
In February, the 32-story, 363-unit mixed-use modular tower under development at 461 Dean Street, in Prospect Heights, had reached its 25th story. Now, the 348,269-square-foot building has finally topped out, with the last modular unit installed earlier this week, Curbed NY reported. The project was the first of 15 towers to begin constructed as part of the Pacific Park mega-development. There will be 32,678 square feet of commercial space split between retail on the ground floor and storage space for the Barclays Center on floors two through six. The rental apartments should average 660 square feet apiece, and 181 of them will rent at below-market rates through the housing lottery. Amenities include a bike storage room, private residential storage, laundry facilities, a fitness center, an entertainment room/lounge, a children’s play room, and a common outdoor terrace on the 20th floor. Forest City Ratner Companies (a branch of Forest City Realty Trust) is developing, with SHoP Architects behind the design. Completion is expected this fall.
YIMBY last brought you a construction update on the 32-story, 363-unit mixed-use modular tower rising at 461 Dean Street, in Prospect Heights, back in the summer of 2014, when the building was only six stories in height. The project, dubbed B2 and part of the 15-tower mega-development Pacific Park, has seen significant delays over the past few years, but the structure is now at the 25th floor. The New York Times reports 181 of the apartments will be rented at below market-rates. There will also be 4,000 square feet of retail space on the ground floor, as well as 15,000 square feet for arena storage. Forest City Ratner is developing, and SHoP Architects is behind the design.
Downtown Brooklyn (in real estate-ese, ‘DoBro’) has seen a major resurgence in development since the recession, when plans for most projects were put on hold. Besides the litany of towers about to rise, the Barclay’s…