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By Accord Real Estate Group

Downtown Brooklyn’s New Projects 2020

January 21st 2020
Tags: Real Estate News, Brooklyn Real Estate

Downtown Brooklyn’s wild development boom continues with a many new projects. There will be three new towers, two of them, Supertalls being built on Flatbush Avenue.

 With many transportation options, incredible shopping and dining choices, gorgeous tree lined Brownstone blocks of historic homes and proximity to Manhattan new projects will take full advantage of this amazing Brooklyn neighborhood.

9 Dekalb located next door to the original Junior’s Restaurant at 340 Flatbush Avenue Extension will be 73 stories and 1,066 feet high. The Developers are JDS Development Group and Chetrit Group and the architect is SHoP Architects. The project is planned for 417 rental units (20% affordable) for a total of 561,104 square feet. Completion planned for 2020.

Brooklyn Point located at 1 City Point, 138 Willoughby Street is planned for a height of 57 stories, 458 Condominium apartments with a total of 685,964 square feet. Completion is planned for 2020. The developer is Extell Development and the Architect is Kohn Pedersen Fox.

80 Flatbush Avenue is planned for 74 stories and 986 Feet high. The developers on this project are Alloy Development and The NYC Educational Construction Fund (ECF). The architect is Alloy Development. Completion is planned for 2020.

Not a supertall but 260 Gold Street nonetheless will be a great Downtown Brooklyn project. The project will be designed by Frankl Associates and developed by Gold Street Realty Holdings. This project is planned for 13 stories, 194,089 square feet with 286 units with an average square footage of 689 square feet apiece.

Another Downtown Brooklyn project planned for completion by the 4th Qtr of 2020 is One Willoughby Square, located at 420 Albee Square. This 495 foot tall building will be 34 stories and will be the tallest new office building in Brooklyn with 500,000 square feet of class A office space. This project is being designed by FX Collaborative and developed by JEMB Realty.

Other developments in the pipeline for 2020 are:

7 Boerum Place, an Avery Hall Investments project, The Amberly located at 203 Jay Street, The Wheeler located at 422 Fulton Street, a Tishman Speyer project, 22 Chapel Street, developer OTL Enterprises, 211 Schermerhorn located at 215 Schermerhorn Street, Morris Adjmi Architects have designed the building, 11 Hoyt Street developer Tishman Speyer and The newest addition to the Ace Hotels is located at 266 Schermerhorn Street, developer GFI Capital. Ace Hotel owners are Roman & Williams, Robin Standefer and Stephen Alesch.

To be continued….

If you are interested in selling your property or you know someone who is planning to sell their Brooklyn or New York property, whether a single family residential property,  an apartment building, a commercial property, mixed use, multi family, coop or condo, vacant land or a development opportunity, call us. You will be very happy that you did.

We always bring our clients the top market price for their property and provide exceptional personalized service from initial consultation to closing.

Thank you,
Accord Real Estate Group
Your Brooklyn Real Estate Brokers and Agents