In September of 2014, YIMBY reported on applications for a 25-story mixed-use residential and retail building at 210 Livingston Street, in Downtown Brooklyn, and now Benenson Capital Partners and Rose Associates are close to landing $158 million in construction loans for the project. The building will have 368 residential units, which is an increase from the 349 reported last year, and more than 14,000 square feet of retail space is planned. Handel Architects is designing, and a 175,000 square-foot office building was demolished to make way for the tower, per The Real Deal.
Yesterday, we checked in on Two Trees’ new tower at 286 Ashland Place, where construction is making rapid headway. Work seems to be moving at a similar place at 333 Schermerhorn Street, just a few blocks away, where Douglas Steiner’s 53-story project dubbed “The Hub” is now roughly two-thirds of the way to its pinnacle, per the latest from Tectonic.
While the Downtown Brooklyn construction boom’s biggest impact will be the addition of residential space, its effects on the streetscape are also going to be significant, and few projects will be more significant to the pedestrian experience than 286 Ashland Place. The building, which is being designed by TEN Arquitectos and developed by Two Trees, will soon stand 32 stories tall, but its significant presence at the street level is already becoming apparent, per the latest photos from Tectonic.
Savanna has filed applications for a variance to build a 44-story, 310,000 square-foot mixed-use building at 141 Willoughby Street, in Downtown Brooklyn. In exchange for the rezoning, 30 percent of the building’s 270 residential units would be set aside as affordable. At the base, 28,000 square feet of retail space would span the ground and second floors, in addition to 34,000 square feet of office space on the third and fourth floors, according to The Real Deal. An existing three-story building must first be demolished.
Earlier this spring, the development site at 211-215 Schermerhorn Street, in Downtown Brooklyn, was placed on the market for $30 million, and now GPB Realty Capital is in contract to purchase the property. Neither the price nor the future plans have been disclosed, although a 75,000 square-foot residential or hotel building could be built. TerraCRG brokered the property, and the lots are currently vacant, according to The Real Deal.