Details are filtering in for HFZ Capital Group’s planned mixed-use development at 501 West 17th Street — aka 76 11th Avenue — in West Chelsea. Crain’s Business reports the developer plans 300 condominiums within the two 28- and 38-story towers, which will also integrate a new park space into the High Line. Bjarke Ingels Group is designing the 850,000-square foot project, which is expected to be delivered in 2018.
Real Estate Weekly has the reveal for Advanced Realty’s seven-story, 140-unit mixed-use building at 1316 Willow Avenue, at the corner of 14th Street in Hoboken, New Jersey. Dubbed Willow14, retail space will measure 20,000 square feet on the ground floor, and the project is expected to achieve LEED certification. Construction is well underway, and completion is expected in late 2016.
Brownstoner reports the vacant 5,000 square-foot lot at 1425 Fulton Street, in south-central Bedford-Stuyvesant, is now on the market as a development site for $6 million. GFI Realty Services is marketing the property, which boasts 22,365 square feet of mixed-use building potential, or 29,820 square feet if affordable units are included. If sold at asking price, the property would go for $268 per buildable square-foot; in January, residential development in the neighborhood reached $154 per buildable square foot.
Gouzhong Lin, doing business as 145-36 Realty LLC, has filed applications for a seven-story, 54-unit mixed-use building spanning the lots 145-34 – 145-42 34th Avenue, in Linden Hill (east of Downtown Flushing). The building will measure 47,515 square feet, which includes 9,850 square feet of medical offices on the bottom two floors.
Michael Maidan, doing business under 550 Metropolitan LLC, has filed applications for a six-story, four-unit mixed-use building at 550 Metropolitan Avenue, in central Williamsburg, near the Lorimer subway stop on the L train. The building will span 9,770 square feet, with 1,620 square feet designated for retail space at street level. Igor Zaslavskiy of Zproekt is designing, and an existing three-story apartment building must first be demolished.