In December of 2015, YIMBY reported on the topping out of the 17-story, 278-unit residential building underway at 550 Vanderbilt Avenue, in Prospect Heights. Now, the structure, which is one of 17 buildings within the Pacific Park mega-development, is having its façade and windows installed, Brownstoner reports. The structure encompasses 359,625 square feet. It includes a 4,731-square-foot ground-floor retail component, and its residential units, which are condominiums, should average 1,173 square feet apiece. The units will come in studio to four-bedroom configurations. Amenities include a library, a lounge with outdoor terraces, a private dining room, a fitness center, a children’s playroom, a landscaped roof deck, an interior communal garden, and an underground parking garage. A partnership between Forest City Ratner Companies and Greenland USA are developing, while COOKFOX Architects is designing. Completion is expected later this year.
Back in February, the first renderings were revealed of the planned 86-story, 245-unit mixed-use tower at 45 Broad Street, in the Financial District. The renderings originated from EB-5 materials, as the development team – Madison Equities, Pizzarotti-IBC, and AMS Acquisitions – is hoping to raise $75 million in financing through the program. Now, another rendering of the CetraRuddy-designed project has surfaced via YIMBY Forums, which depicts the tower when viewed from the north (looking southward down Broad Street). New buildings applications haven’t been filed yet, but the 1,100-foot-tall tower will encompass approximately 298,000 square feet. The first five floors should host 50,000 square feet of commercial space, while the apartments above should come in studio to three-bedroom layouts. There will also be 20,000 square feet of amenities. Groundbreaking is expected later this year, and completion is ambitiously scheduled for 2018.
In January, Kushner Real Estate Group and Mark Built Homes acquired, for $12 million from the borough, the five-acre development site at 33 Green Village Road, in the northern New Jersey community of Madison. Last week, the developers hosted a groundbreaking ceremony for their four-story, 135-unit mixed-use complex, dubbed Madison Place, TapIntoMadison reports. Planned is a 100-unit component called Rose Hall, which will host market-rate rental apartments, and a 35-unit component named Madison Place, which will contain condominiums. Rose Hall will also feature ground-floor commercial space for retail and restaurants, as well as a 3,000-square-foot community center. The site was previously occupied by the long-vacant Green Village Road School, which has since been demolished. Marchetto Higgins Stieve and landscape architecture firm Melillo + Bauer Associates are designing. Completion is expected in 2017. The complex will be located three blocks north of NJ Transit’s Madison station.
Bronx-based Las Gun Hill Dos Realty Corp. has filed applications for two two-story, two-family mixed-use buildings at 1664-1668 East Gun Hill Road, in the North Bronx’s Pelham Gardens neighborhood, located 10 blocks east of the Gun Hill Road stop on the 5 train. From west to east, they will measure 6,381 and 5,316 square feet respectively. Both will contain 1,567 square feet of commercial-retail space on their ground floor. Across both buildings, the residential units should average a family-sized 1,297 square feet apiece. Queens-based Gino Longo is the architect of record. The 7,925-square-foot lot is currently vacant.
In February, the 32-story, 363-unit mixed-use modular tower under development at 461 Dean Street, in Prospect Heights, had reached its 25th story. Now, the 348,269-square-foot building has finally topped out, with the last modular unit installed earlier this week, Curbed NY reported. The project was the first of 15 towers to begin constructed as part of the Pacific Park mega-development. There will be 32,678 square feet of commercial space split between retail on the ground floor and storage space for the Barclays Center on floors two through six. The rental apartments should average 660 square feet apiece, and 181 of them will rent at below-market rates through the housing lottery. Amenities include a bike storage room, private residential storage, laundry facilities, a fitness center, an entertainment room/lounge, a children’s play room, and a common outdoor terrace on the 20th floor. Forest City Ratner Companies (a branch of Forest City Realty Trust) is developing, with SHoP Architects behind the design. Completion is expected this fall.