Details have been revealed for an enormous new 750-unit residential tower at 18 6th Avenue, in Prospect Heights, Brooklyn. The site is right beside the Barclays Center and is part of Pacific Park, formerly known as Atlantic Yards, a multi-billion dollar 22-acre mega-project that has already seen the completion of four of fifteen eventual buildings. TF Cornerstone and The Brodsky Organization have also now joined Greenland Forest City Partners to finish the project, acquiring land where three of the prospective future skyscrapers will imminently rise.
Perkins Eastman will design 18 6th Avenue, named B4 for now, which will still be built by Greenland-Forest City. While permits have not been filed yet, construction is expected to start by the spring of 2019. The structure is expected to be over 500 feet tall, with previous information stating that the site will yield over 740,000 square feet for roughly 200 condominiums and 550 rentals. Half of the rentals will let as affordable, with the other half leasing at market rates.
China-owned Greenland USA partners with Forest City, started to take control of the project starting in 2014, and recently moved from a 70% stake to a 95% stake for future construction, with Forest City owning the remaining five percent. They are in the process of designing the platform that will eventually hold six buildings, lots B5 through B10, over an active train yard. TF Cornerstone and Brodsky will be acquiring parcels B12, B13, and B15 from the existing partnership.
Once complete, Pacific Park will deliver office space, retail, a public school, and eight acres of public green space. What’s most exciting about the project is the 6,430 new residences that it will yield, including 2,250 affordable housing units.
The deadline for full build-out is expected to be between 2025 and 2035.