AEW Capital Management

505 Pacific Street

Partial Reveal of Six-Story, 33-Unit Mixed-Use Project at 509 Pacific Street, Boerum Hill

Back in August of 2015, YIMBY reported on applications for the six-story, 29-unit mixed-use building at 509 Pacific Street, in Boerum Hill. Now, Curbed NY has updated details on the project, as well as the first partial renderings revealing the structure’s exterior. The 114,812-square-foot building, dubbed the Hendrik, will actually feature 33 residential units, averaging 1,680 square feet apiece. The apartments will be condominiums, ranging from two- to four-bedroom configurations. Per the Schedule A, amenities will include a fitness center and a 12,725-square-foot parking garage in the sub-cellar. There will also be 16,293 square feet of retail space across the ground and cellar levels. Hope Street Capital and AEW Capital Management are the developers, with Beyer Blinder Belle behind the design. The site’s old Walgreens store was demolished in 2015 and completion of the new structure is expected in 2017.


528 Atlantic Avenue

Six-Story, 30-Unit Mixed-Use Building Will Rise at 528 Atlantic Avenue in Boerum Hill

Per The Real Deal, developers Jeffrey Gershon and AEW Capital Management are planning a six-story, 30-condo-unit mixed-use building measuring 115,000 square feet at 520-528 Atlantic Avenue, in Boreum Hill. Two levels will house 30,000 square feet of retail space, and Beyer Blinder Belle is designing. Demolition is expected to convene this summer on the existing single-story structure.


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