Exterior work is wrapping up on One South First, the tallest new building to be constructed in the Williamsburg waterfront development of Domino Park. Formally addressed as 260 Kent Avenue, the reinforced concrete structure rises on the northern end of the master plan and is part of the large-scale revitalization of the Domino Sugar factory site. The 435-foot-tall mixed-use project will soon yield 330 rentals, 66 affordable units, and 150,000 square feet of office space among 22 floors, as well as 13,000 square feet of ground-floor retail space. COOKFOX is the architect of the tower and Two Trees Management is the developer.
Work on 187 Kent Avenue‘s exterior is nearing completion in Williamsburg, Brooklyn. The industrial-inspired red masonry façade with its scattered pattern of white bricks is fully installed, and the structure is just awaiting the completion of appointments on the tall lower-level arches. Diego Aguilera Architects P.C. is the architect of record for the seven-story mixed-use residential building, while CW Realty Management, which purchased the site for $43 million, is the developer. 187 Kent Avenue will yield 140,036 square feet of newly built space.
Preparation for the demolition of 1568 Broadway is continuing to gear up as scaffolding and construction netting now shroud almost the entire 46-story Times Square tower. The 29-year old structure served as a DoubleTree hotel and will be replaced by a new hotel, with tenants yet to be announced. The proposed 550,000-square-foot development is called TSX Broadway and will preserve and lift the 106-year-old Palace Theatre three stories above the ground floor to make way for new retail space. The $2.5 billion project is being developed by L&L Holding Company, Maefield Development, and Fortress Investment Group.
GDSNY recently finished pouring the concrete foundation slab of 1245 Broadway, where a 22-story SOM-designed commercial office building is set to rise. The future 318-foot-tall, 200,000-square-foot NoMad project is being built by Triton Construction and co-developed by Sweden-based Klovern. CBRE is in charge of leasing both the office area and the ground-floor retail space.
EPIRE, a New York City-based real estate investment firm, has announced the acquisition of development rights to construct a new mixed-use property in Jersey City. Located at 161 Second Street within the historic Powerhouse Arts District, the through-block building will comprise 100,000 square feet including both residential and retail components.