Construction has finished on 1 Flatbush Avenue in Downtown Brooklyn. Located at the crossroads of Flatbush Avenue and Fulton Street, the 210-foot-tall building was designed by Hill West Architects and developed by Slate Property Group and Meadow Partners, with Whitehall Interiors responsible for the interior design.
1 Flatbush Avenue
Today, YIMBY has the exclusive first look at renderings of 1 Flatbush Avenue’s interiors and exteriors. The structure, triangularly shaped at the intersection of Flatbush Avenue and Fulton Street, will be adding new rental apartments to Downtown Brooklyn, 20% of which will let at affordable rates. Slate Property Group and Meadow Partners are responsible for the development.
Construction is now nine floors above street level on the 19-story, 183-unit mixed-use building under development at 1 Flatbush Avenue, located on the corner of Fulton Street in Downtown Brooklyn. Progress can be seen thanks to photos posted to the YIMBY Forums by Tectonic. The latest building permits indicate the project will encompass 133,936 square feet and rise 206 feet to its main roof, not including bulkhead elements.
During the summer of 2015, YIMBY reported that demolition was competed on the two-story commercial building at 1 Flatbush Avenue, in Downtown Brooklyn. Now, excavation is underway for the planned 19-story, 157-unit mixed-use building replacing it, as seen in photos by Tectonic. The new structure will encompass roughly 170,000 square feet, 24,500 square feet of which will be used for retail space across the cellar through second floors. The rental apartments should average 793 square feet apiece, and 32 of them will rent at below market-rates through the housing lottery. Amenities include storage space for 79 bikes in the cellar, a fitness center, followed by entertainment lounges/recreation rooms, a library, a yoga room, all located on the third floor, and a rooftop terrace. Developers Slate Property Group and Meadow Partners landed a $110 million construction loan earlier this year. Goldstein, Hill & West Architects is behind the design. Completion is expected in 2017.
The squat two-story commercial building that once filled the corner of Flatbush Avenue and Fulton Street has been completely demolished. Back in April, the Post reported that Slate Property Group and and Meadow Partners closed on the purchase of the site at 1 Flatbush Avenue for a record-breaking $59 million, and it looks like work is moving right along.