Fort Greene

New Year’s construction update: Atlantic Yards/Pacific Park apartment developments

Eye On Real Estate

January 6, 2016 By Lore Croghan Brooklyn Daily Eagle
The city is financing a modular construction project in East New York. Show above: 461 Dean St. in Prospect Heights, a major construction project that was completed in 2016. Eagle file photo by Lore Croghan

Start the New Year in the know.

Shake off the lingering effects of that stroke-of-midnight champagne and walk with us along Dean Street as we check on the status of six residential sites in the Atlantic Yards/Pacific Park mega-development in Prospect Heights.

Construction is underway at all six locations. At one of them, condo project 550 Vanderbilt Ave., the work is sufficiently advanced to merit the opening of a sales office.

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In years to come, Forest City Ratner and its joint venture partner, Chinese government-owned Greenland Group, are going to build an entire neighborhood’s worth of new residential units at the 22-acre development where Barclays Center opened in 2012. It seems like a smart idea to keep track as these apartments spring into being.

Site B2, 461 Dean St.

The mod building is looking marvelous.

The eye-popping cherry-red apartment tower that’s rising up at Site B2 on the corner of Flatbush Avenue and Dean Street, cheek by jowl with Barclays Center, is going to be world’s tallest modular building.

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When we stopped by 461 Dean St. the other day, we noticed that the building’s real-life façade is starting to look like the project renderings. The site has come a long way since the arrival of the first pre-fab studio apartment in December 2013, which we witnessed.

Now, when we walk up Flatbush Avenue, our eyes are dazzled by mid-day winter sunlight reflected in the windows on the Dean Street side of the building.

SHoP Architects designed the 32-story building. Its 363 pre-fab rental apartments were assembled at the Brooklyn Navy Yard.

Half the apartments will be market-rate and half will be affordable units.

By the way, this is the one residential building that is being built solely by Forest City Ratner rather than Atlantic Yards/Pacific Park’s joint venture development entity, which is known as Greenland Forest City Partners.

Site B3, 38 Sixth Ave.

Site B3, whose address is 38 Sixth Ave., was a hole in the ground when we checked up on it — a very well-organized hole with a partly poured basement wall visible through the windows in the construction fence.

We also saw a huge tall crane, and busy construction workers.

The site has frontage on Dean Street and is on the same block as the modular building, 461 Dean St.

Site B3’s other immediate neighbor is Barclays Center.

There will be 303 apartments in 23-story 38 Sixth Ave. SHoP Architects is the designer of this rental-apartment building.

All the apartments in the building will be affordable-housing units.

Site B15, 664 Pacific St.

Brooklynites got their first look at Jonathan Marvel’s design for 664 Pacific St. at a community meeting in December.

We stopped by recently to take a peek at its location, known as Site B15, which has frontage on Dean Street and Sixth Avenue as well as Pacific Street.

A bulldozer was industriously digging the dirt on a parcel of land along Sixth Avenue.

Workers were setting up scaffolding on a neighboring three-story industrial building with a façade on Pacific Street. An address on one of the building’s doors said “Barbara Novelty Hats — 25 Sixth Ave.”

Marvel Architects’ design calls for 323 apartments in the planned 26-story building.

It will be a market-rate rental-apartment building — with a public school in the base of the building.

This site is right across Sixth Avenue from Site B3, AKA 38 Sixth Ave.

Site B14, 535 Carlton Ave.

The skeleton of this development on the corner of Carlton Avenue and Dean Street, known as Site B14, is rising several stories above its construction fence.

Construction crews were busy, busy, busy the day we eyeballed the project, whose address is 535 Carlton Ave.

It will be a 19-story, 298-unit building. The designer is COOKFOX Architects.

All the apartments in this building will be affordable units.

Site B12, 615 Dean St.

Bulldozers are trundling away at Site B12, digging the earth where a condo building with the address 615 Dean St. will rise.

Kohn Pedersen Fox is the designer of 615 Dean, which will be 26 stories tall and have 245 apartments.

This site is in the middle of the block, tucked in between development projects 535 Carlton Ave. and 550 Vanderbilt Ave.

Site B11, 550 Vanderbilt Ave.

The market-rate condo building at 550 Vanderbilt Ave., AKA Site B11, topped out in early December.

When we stopped by the site recently, the building’s framework was visible from several blocks away.

The portion of the construction fence that’s on the corner of Dean Street and Vanderbilt Avenue is made of plexiglass or something similarly transparent, which permits passersby to gaze easily at ongoing work.

The designer is COOKFOX Architects.

The 17-story building will have 278 condos. The apartments will range in size from studios to four-bedroom units.

There will be eight acres of landscaped open space outside 550 Vanderbilt.

Amenities will include a residents’ library, a lounge with a fireplace in it and a landscaped terrace outside it, a fitness center, a children’s playroom and a landscaped roof deck with an outdoor kitchen and a communal garden.

A sales gallery has been set up in a storefront on the Flatbush Avenue side of Barclays Center. Corcoran Sunshine Marketing Group is the exclusive marketing and sales agent.

The last time we checked 550 Vanderbilt’s website, available condos ran the gamut from a one-bedroom unit with an $845,000 asking price to a four-bedroom penthouse with a $6.86 million asking price.

During our most recent glance at StreetEasy.com, we noticed numerous studios were in contract, with asking prices ranging from $540,000 to $685,000. The priciest one-bedroom condo in contract had a $1.105 million asking price.

The top-priced two-bedroom unit in contract had an asking price of $1.925 million. The most expensive three-bedroom apartment in contract had a $2.19 million asking price.

 


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