Pacific Park


674 Atlantic Avenue

Pacific Park Developers Consider Building Office Space At 674 Atlantic Avenue, Prospect Heights

Earlier this month, the developers behind the Pacific Park mega-development in Prospect Park – a partnership between Greenland Holdings and Forest City Ratner – proposed the idea of transferring 1.1 million square feet of development rights to 590 Atlantic Avenue in order to build a massive office tower. Now, another site is under consideration for an office development, according to DNAinfo. It’s the site at the southwestern corner of Atlantic and Sixth avenues – 674 Atlantic Avenue, or 2 Sixth Avenue. A 764-unit, mixed-income residential building, with a mix of rentals and condos along with retail space, has long been approved for the site. Now the developers are seeking to transfer commercial development rights to the location so a second office building could be built. The Empire State Development Corporation would have to approve the transfer of air rights. The change in plans also requires an environmental study, and the affordable residential units that were expected at the site would be built elsewhere.


590 Atlantic Avenue

1.5-Million Square-Foot Office Building Could Be Built At 590 Atlantic Avenue, Downtown Brooklyn

In September of 2015, the Empire State Development Corp. began the eminent domain process to acquire 590 Atlantic Avenue, located across from Atlantic Terminal and Barclays Center in Downtown Brooklyn, as part of the Pacific Park mega-development. A partnership between Forest City Ratner and Greenland Holdings would develop the property, currently home to two low-rise retail buildings. Right now, the site boasts 440,000 square feet of development rights, but the developers are proposing the idea to transfer 1.1 million square feet of air rights in order to build a 1.5-million-square-foot office building. According to Crain’s, the air rights transfer would have to be approved by a state review process via the Empire State Development Corp. The air rights transfer would preserve public plaza space.


461 Dean Street

32-Story, 363-Unit Mixed-Use Tower At 461 Dean Street Now At 25th Story, Prospect Heights

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.



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