DoBro is one of the hottest neighborhoods in New York for construction right now, and the CityPoint project is the best example. Consisting of three phases, the first of which has already been completed, the development will change both the neighborhood and the Brooklyn skyline.
|Citypoint Phase I, Image from The Brownstoner|
The first phase of CityPoint is the smallest, and is a 50,000 square foot retail building. The remainder of the site is currently occupied by the DeKalb Market, which is housed in containers. If market conditions permit, that will change very soon.
Phases II and III of CityPoint are very impressive, even by Manhattan standards. Phase II consists of two residential towers reaching 19 and 30 stories, as well as an additional 500,000 square feet of retail space.
The scope of phase II is primarily significant for one reason: commerce. The retail component is enormous, and will provide the neighborhood with a modern anchor for shopping and everyday needs.
The vicinity of CityPoint is still lacking in modern shopping facilities, so the retail portion of the project will go a long way towards providing the neighborhood with a modern shopping facility. Fulton Street Mall is a retail hub for DoBro, but most of the buildings and shops are quite run-down. Nothing is wrong with traditional or budget shopping, but the new retail will provide a mix that’s fitting for Downtown Brooklyn’s new identity, potentially turning the neighborhood into a regional magnet.
|Image from Albee Development via The Brooklyn Eagle|
Residential is another component to phase II, with 650 units to be added between the two new towers.
Details on phase III have not been released yet, but early renderings show a 60+ story tower rising adjacent to the other residential towers. Whether the tower is strictly residential or mixed-use remains to be seen, but preliminary designs call for an office component to the building.
All sources stress that renderings of the largest tower are conceptual, but the same sources give the tower’s height as 680 feet–oddly specific for a ‘conceptual’ building.