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Pacific Park megaproject gains steam as construction begins on two new rentals

Curbed NY

As Greenland Forest City Partners seeks to keep things moving at the long-in-the-works megaproject formerly known as Atlantic Yards, some progress is being made on the development.

After inking a deal last year with developers TF Cornerstone and the Brodsky Organization to build three sites within the Pacific Park complex, Greenland Forest City announced today that it’ll also work with Brodsky on 18 Sixth Avenue, which will rise next to the Barclays Center at the intersection of Atlantic and Sixth avenues. The New York Post first reported on the deal.

Once completed in 2022, the building will have 859 rentals, 258 of which will be affordable, although the income bands for those units has not yet been determined. Perkins Eastman has been tapped to design the structure, which will rise 500 feet—the tallest in the complex—and have retail at its base.

As part of the deal brokered last year, Brodsky is also developing the parcel formerly known as B15, at 664 Pacific Street, which it purchased from Greenland Forest City. That building, another rental, will also have a school as well as more public space. Construction on both of those buildings is due to begin in the next few weeks.

Two other sites, to be developed by TF Cornerstone, will rise at 615 and 595 Dean Street; while the sale of those sites closed last year, work has yet to begin.

READ FULL ARTICLE HERE: Pacific Park megaproject gains steam as construction begins on two new rentals