Forest City Ratner

23-Story, 303-Unit Affordable Residential Tower Rises at 38 Sixth Avenue, Prospect Heights

6:00 am on April 8, 2016 By Reid Wilson

Last month, YIMBY revealed new renderings of the 23-story, 303-unit mixed-use building planned at 38 Sixth Avenue, in Prospect Heights, located within the 15-building Pacific Park mega-development. Curbed NY now has an update on the entire project, but more specifically photos revealing that this portion of Pacific Park is finally rising. The structure is currently two stories above street level. It will eventually encompass 341,595 square feet and will feature 8,700 square feet of retail space and medical offices on the ground floor. The rental apartments, averaging 957 square feet apiece, will all rent at below market-rates. There will be a mix of studios, one-, two-, and three-bedroom apartments. A partnership between Forest City Ratner and Greenland USA is developing, and SHoP Architects is behind the design. Completion is expected in late 2017.

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

11:00 am on February 29, 2016 By Reid Wilson

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.

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

6:00 am on February 17, 2016 By Reid Wilson

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.

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

11:00 am on February 9, 2016 By Reid Wilson

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.

First Phase Of Cornell Tech’s Roosevelt Island Campus Makes Significant Progress

10:00 am on January 25, 2016 By Reid Wilson

YIMBY last brought you a construction update in September, when foundation work was just wrapping up on multiple buildings of Cornell Tech’s planned Roosevelt Island campus. Since then, phase one’s academic buildings and residential tower have risen in the form of steel beams and concrete pours, respectively. Now, Snøhetta has been tasked to design the Verizon Executive Education Building, The Real Deal reports. It will be a conference center and is included in the first construction phase, which is due for completion in mid-2017. The other three buildings going up are the Bloomberg Center, The Bridge, and CornellTECH Residential, which are being designed by Morphosis Architecture, Weiss/Manfredi Architecture, and Handel Architects.

Reveal For 26-Story, 323-Unit Mixed-Use Building At 664 Pacific Street, Prospect Heights

10:00 am on December 10, 2015 By Reid Wilson

Back in September, filings were submitted for the planned 26-story, 323-unit mixed-use building at 37 Sixth Avenue/495 Dean Street/664 Pacific Street, in Prospect Heights, and now DNAinfo has the project’s reveal. A 616-seat, 69,858 square-foot public school will span seven floors within the building: two below-grade levels and the first five floors. The project is a part of the Pacific Park mega-development, and a team comprised of Greenland Group and Forest City Ratner is developing; Marvel Architects is designing. Demolition is currently underway on three townhouses fronting Dean Street.

Pacific Park’s 19-Story, 298-Unit Mixed-Use Building Rises At 535 Carlton Avenue, Prospect Heights

10:00 am on November 17, 2015 By Reid Wilson

Over a year ago, YIMBY reported on applications for a 19-story, 298-unit residential building at 535 Carlton Avenue, in Prospect Heights. The project is one of 15 buildings in the Pacific Park mega development being constructed by Forest City Ratner and Greenland Group. Crain’s reported on the site’s groundbreaking last December, and now the building is five stories above street level, per photos by Tectonic. Ground-floor retail space will measure 8,324 square feet and the building’s rental units will average 925 square feet apiece. COOKFOX Architects is designing, and completion is expected in 2017.

Rabsky Group To Acquire Large Development Site At 625 Fulton Street, DoBro

11:00 am on November 5, 2015 By Reid Wilson

Over a year ago, Forest City Ratner placed their Downtown Brooklyn development site, at 625 Fulton Street, on the market, and now Rabsky Group has agreed to purchase the property for $158 million, according to Commercial Observer. The site contains 600,000 square feet of development rights, and a residential tower is most likely, although plans for the site remain undisclosed. Until last year, the site was home to a seven-story, 359,000 square-foot office building.

17-Story, 275-Unit Building Rising At 550 Vanderbilt Avenue, Pacific Park

10:00 am on September 30, 2015 By Reid Wilson

Nearly a year ago, YIMBY revealed renderings of the 17-story, 275-unit condominium building planned at 550 Vanderbilt Avenue, in Prospect Heights, and this past summer we posted interior images of the building’s lobby and common areas. Construction is now well underway, and the structure is currently five stories tall, per the latest from Tectonic. A partnership between Greenland Group and Forest City Ratner is developing the building, which is one of many in their Pacific Park development. COOKFOX is designing, and completion is expected in 2017.

Bioelectronic Research Facility Proposed On Portion Of Nassau Coliseum Site, Uniondale

3:30 pm on September 29, 2015 By Reid Wilson

Back in April, Forest City Ranter proposed their Nassau Coliseum redevelopment plans to the Town of Hempstead, and a month later, their submission was approved, with the first phase expected to include stadium renovations and adjacent new retail space. Now, a team of business and government officials are proposing a 250,000 square-foot bioelectronic research facility on a portion of the 91-acre Uniondale site, according to Innovate Long Island. The $300 million complex would host 50 laboratories and engineering shops, and would be built atop an underground parking garage.

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