Work has resumed on 540 Fulton Street, a 511-foot-tall, 42-story, mixed-use skyscraper in Downtown Brooklyn. Construction had been suspended since February, when stop work orders were issued due to alleged safety concerns at the site. The mixed-use residential project is being designed by Marvel Architects and developed by Jenel Management. The reinforced concrete tower will yield about 330,000 square feet, with nearly 96,600 square feet to be allocated to commercial space on the lower floors. The remainder will be reserved for residences and measure about 236,900 square feet.
540 Fulton Street
Downtown Brooklyn‘s ever-expanding skyline is set for yet another major imminent addition with the impending rise of 540 Fulton Street. Set to stand 511 feet tall with 327 residential units, the tower will certainly make an impact on the surrounding neighborhood. Designed by Marvel Architects and developed by Jenel Management, the 42-story project will span close to 333,000 square feet. About 96,600 square feet will be allocated towards commercial space, while nearly 236,900 square feet will be used for the residential component.
Jenel Management has filed applications for a 19-story, 195,705-square-foot office building at 540 Fulton Street, in Downtown Brooklyn. The 305-foot-tall project would contain 173,963 square feet of commercial space, a majority of which will be utilized for offices. The ground-floor office lobby will feature a storage room for nine bikes, and the office space will take up floors three through 19. Retail will fill the rest of the cellar, ground, and second floors. Jonathan Marvel’s TriBeCa-based Marvel Architects is the architect of record. The 110-foot-wide, 18,531-square-foot lot was, until recently, occupied by a two-story, 26,000-square-foot commercial-retail building. According to filings, the building was demolished in December of 2015.