Since it stood two stories in height in April, the eight-story, 143-unit mixed-use building under development at 504 Myrtle Avenue, in northern Clinton Hill, has topped out. The latest photo comes via prolific construction chronicler Tectonic. The most recent building permits indicate the project grew slightly compared to filings retrieved for YIMBY’s April update. The structure now encompasses 125,585 square feet and has gained two units (up from 141). The ground floor will host 20,304 square feet of retail space, while the floors above will contain rental apartments, averaging 736 square feet apiece. Twenty-eight of them will rent at below-market rates through the affordable housing lottery. Silverstone Property Group and Madison Capital Realty are the developers. HTO Architects is behind the architecture and completion is scheduled for 2017.
504 Myrtle Avenue
In December of 2014, YIMBY reported on applications for an eight-story, 141-unit mixed-use building at 504 Myrtle Avenue, in northern Clinton Hill, and then renderings were revealed of the project in 2015. Now, construction is underway on the second floor of the structure, according to the Myrtle Avenue Brooklyn Partnership. The new building will measure 113,898 square feet, of which 20,023 square feet of space on the ground floor will be used for retail. Twenty-eight of the apartments will rent at below-market rates through the housing lottery, and building’s amenities include a 95-car parking garage in the cellar, a fitness center, and an outdoor terrace on the second floor. Silverstone Property Group and Madison Capital Realty are the developers, and HTO Architects is behind the design. Completion can probably be expected in 2017.