NEW YORK | Citypoint (Phase 2) | FT | 19 & 30 FLOORS

[prospekt]

February 22, 2010
City Point Phase 1 Revealed

Finally, we get a glimpse of the first phase of the huge City Point development project courtesy of The Times' Local blog. This model mocks up a four-story retail building with an adjacent public plaza just to the north of the Fulton Mall; the proposed building represents the first phase of a larger 1.5-million-square-foot project on the site of the former Albee Square Mall and parking garage. The architecture firm behind the project, Cook + Fox Architects, is working to make the modern retail building jive jibe with the neo-classical Dime Savings Bank next door. "The old Dime features a dual-shaded stone, giving it a textured look. Cook said the shopping center’s exterior, clad in 'polychrome terra cotta with a glazed and honed finish,' will follow suit," says the Times. The planned public grounds will be called Albee Square, in honor of the old Albee Theatre.



http://www.brownstoner.com/brownston...point_mode.php

[prospekt]

the site


preliminary design








http://www.inhabitat.com/2010/02/23/...itypoint-ed03/

[NYguy]

This was once proposed to be the tallest in Brooklyn.

[prospekt]

the tower(s) portion has not been revealed, but it's nice to see something moving on this project. Phase 1 is only fronting Fulton St.

[prospekt]

for some eye candy of adjacency to Citypoint (and why this project just might work): Touring Toren, Brooklyn's Most Eye-Popping New Building

http://ny.curbed.com/archives/2010/0...w_building.php

[SkyscrapersOfNewYork]

CITY POINT
Downtown Brooklyn

OFFICE, RETAIL, RESIDENTIAL

City Point is a unique mixed-use development that is driving the ongoing renaissance and revitalization of Downtown Brooklyn. City Point is the only project of its kind to offer the ideal combination of office, retail and a mixture of affordable and market-rate rental housing at a combined total of 1.5 million square feet. City Point will be the first major commercial project constructed in accordance with New York City’s 2004 Downtown Brooklyn Plan and is slated for completion in 2011.

The 125,000-square-foot site anchors the eastern end of the Fulton Street Mall area, bounded by Willoughby Street and Flatbush Extension to the north, Fleet Street to the east, DeKalb Avenue to the south, and Gold Street/Albee Square West to the west. The project, will consist of Approximately 520,000 square feet of retail space to accommodate local and national retailers; 360,000 square feet of Class A office space; a mix of affordable and market-rate rental apartments; and ample parking.

This project is being developed in a joint venture including Acadia Realty Trust, MacFarlane Partners, Rose Associates, Inc., and Paul Travis.

City Point will provide retail and office opportunities for both larger-scale national retailers/office users and smaller local entrepreneurs to meet the demand of the second-most densely populated county in the United States.

http://www.pa-assoc.com/city_point.html

Construction Now Underway On Mixed-Use Space In Downtown Brooklyn By: Jill

Urban Construction is now underway on a large-scale mixed-use space in Downtown Brooklyn. NY1 Real Estate reporter Jill Urban filed the following report. The hole is in the ground and the machines are in place, as construction finally began this week at City Point – located on the Fulton Mall in Downtown Brooklyn. “This is a project that is going into the ground after three years of planning,” says developer Paul Travis of Washington Square Partners. “It’s the most valuable most important site in Downtown Brooklyn at the corner of Flatbush [Avenue] and Fulton [Street].” Located on Albee Square and across from the landmark Dime Savings Bank building, this is the first new development on the Fulton Mall in more than 30 years, and the first to bring residential space to this prime retail destination. Construction has begun on phase one – which will be a four-story building that will offer 50,000 square feet of retail space. But eventually the entire project will offer 1.5-million square feet of mixed-use commercial and residential space. “So this very first phase is all retail,” explains Richard Cook of the architecture firm Cook + Fox. “What we are designing right now is the next phase, which is a very vibrant mixed-use development which will be more retail but also 120,000 square feet of affordable housing and potentially office space also, and then ultimately the last phase will be market-rate housing up on Flatbush Avenue.” The design has been through many incarnations as the recession forced the developer to rethink the original proposal. Construction of the first phase was actually made possible thanks to stimulus bonds. City Point is expected to bring a variety of major chain retailers, as well as Brooklyn businesses looking to make a move to this prime spot. Borough President Marty Markowitz says this project serves a symbol of optimism for Downtown Brooklyn. “Now with City Point, the potential of Downtown Brooklyn will finally be realized,” Markowitz says. “It will be a place where people who are interested in shopping in every income level will have a place to call their own. It will offer some of the greatest retail opportunities in the world today. And jobs, let’s not forget, as important as anything else, the economic development that this will bring.” Phase one of the project should be open to the public by the summer of 2012. At that time, construction will begin on phase two. The entire City Point project should be completed by 2016.

http://bronx.ny1.com/content/ny1_liv...ntown-brooklyn


















http://www.pa-assoc.com/city_point.html

[Busy Bee]

The very last rendering is the most recent rendering of the base retail development, all others are probably not dependable, especially after the developer switched to a more phased plan for the retail component. I like the latest architectural rendering better anyhow without those silly metal fins dominating the design.

[Obey]

I like the tower.

[NYguy]

http://www.brooklyneagle.com/categor..._id=5&id=40735

Steel Girders Go Up at City Point Construction Site






by Linda Collins
01-17-2011

Despite the recent snowstorms and freezing temperatures, the steel girders are going up at the City Point construction site in Downtown Brooklyn, and its developers say they are still on target for completion of Phase I in spring 2012.

“The weather hasn’t been real cooperative,” said Tom Montvel Cohen, a spokesperson for the developers.

Montvel-Cohen told the Eagle that the girders were delivered on Friday, Jan. 7, and the huge crane that began to raise them arrived last Wednesday.

As the Eagle reported in October, a new web site (www.citypointbrooklyn.com) was launched which focuses on the retail building in Phase I.

Montvel-Cohen said, “We’re very encouraged by the level of the retailers we’re getting responses from, both local and national.”

The developers are hoping for a mix of both in the four-story, 50,000-square-foot structure, he said, adding that leasing is being handled in-house.

The new web site notes that Phase II will add an additional 500,000 square feet of retail space for a grand total of 550,000 square feet at the project’s completion.

“Planning and design is currently underway for two additional phases that will seamlessly connect to the first retail phase,” the web site states.

The development team is comprised of Acadia Realty Trust and its partners, P/A Associates and Washington Square Partners (collectively known as Acadia-P/A/T). The design is by the architectural firms Cook + Fox and Greenberg Farrow.

The P/A Associates web site notes that City Point will ultimately comprise approximately 1.5 million square feet of new construction, including retail and commercial space and a mixture of affordable and market-rate housing.

Additionally, the Eagle had reported in November that Community Board (CB) 2 gave approval to the creation of an interim Urban Market at the northern end of the construction site.

CB2 approval was required before it could be considered by the city’s Design Commission. a spring opening for the market is anticipated, according to Montvel-Cohen.

The market will be comprised of 40 160-square-foot enclosed units with shopfronts, described as work/sell spaces. They will be set in five rows — “like miniature streets with small stores” — and will include both eateries and boutique shops.

“We and the city didn’t want the site to be empty during the construction, which could take from two to five years,” said Paul Travis of Washington Square Partners, one of the developers, at the CB 2 hearing.

“There’s nothing quite like this in Brooklyn right now,” Travis told board members. “We can learn a lot from this. It will be a test.”

[NYguy]

Things really do seem to be picking up around town...

http://therealdeal.com/newyork/artic...ound-this-year

February 09, 2011
By Candace Taylor

City Point

Washington Square Partners' Travis gave an update on another large-scale project, the 125,000-square-foot mixed-use City Point site at the eastern end of the Fulton Street Mall shopping area in Downtown Brooklyn. The project is being developed by a joint venture of Washington Square Partners, Acadia Realty Trust and PA Associates.

City Point received $20 million in stimulus funding in June, Travis said, and construction has now started on the first phase, a four-story, 50,000-square-foot retail building slated for completion in early 2012. He said he couldn't talk about tenants but said there will be "a mix" of national and local retailers. Asking rents range from $75 to $200 per square foot, he said.

The project "will get people shopping in Downtown Brooklyn again," he said.

_____________________________

http://therealdeal.com/newyork/artic...mall-face-lift
Families plot Fulton Mall face-lift
A parcel-by-parcel look at what the corridor's tight-knit group of owners has in store



February 01, 2011
By Patrick Egan

Fulton Mall's days as a sneaker store Shangri-la could be numbered. National retailers, as well as Brooklyn's favorite hip-hop and up-and-coming real estate mogul, Jay-Z, are taking notice of Brooklyn's busiest, and recently refurbished, retail corridor. This could mean promising days ahead for a tight-knit group of landlords controlling many of the street's major properties...http://therealdeal.com/newyork/artic...mall-face-lift

[ardecila]

Is there something wrong with Fulton Street being lined with sneaker shops?

If it's a symptom of urban decay, as it was on State Street in Chicago or Canal St in New Orleans, then it's not good, but if the stores are well-patronized and the street is bustling, then I have no problem with these kinds of businesses.

[koolkid]

The project "will get people shopping in Downtown Brooklyn again," he said.

WTF? People already do shop in Downtown Brooklyn, and plenty. Unless minorities don't count as people to this moron...

Originally Posted by ardecila

Is there something wrong with Fulton Street being lined with sneaker shops?

If it's a symptom of urban decay, as it was on State Street in Chicago or Canal St in New Orleans, then it's not good, but if the stores are well-patronized and the street is bustling, then I have no problem with these kinds of businesses.

There is no urban decay. Fulton street is pretty busy with lots of shoppers, LOTS of shoppers. Sure there are a little too many sneaker shops and cheesy establishments that I wouldn't mind getting rid of. But why get rid of ALL sneaker establishments? Especially if people actually do shop there. This is what annoys me.

[NYguy]

^ Most of the subway stops are not directly on the Fulton Mall. The reason those retailers are there is because the perform well, better than a lot of Manhattan establishments.

Originally Posted by ardecila

Is there something wrong with Fulton Street being lined with sneaker shops?

If it's a symptom of urban decay, as it was on State Street in Chicago or Canal St in New Orleans, then it's not good, but if the stores are well-patronized and the street is bustling, then I have no problem with these kinds of businesses.

There's nothing wrong with Fulton Street as it is, it's one of the top performing shopping districts in the City. I used to work in the area - on Fulton itself and at the Metro-tech Center. The City acknowledges that it's one of the great shopping districts, however with all of the recent residential developments and proximity to some of Brooklyn's better neighborhoods, they want to give it more of a Manhattan feel (a nice way of saying gentrified), something I am against. I was last there during the summer - on a very hot day - but I did notice it was already losing some of what made Fulton Street what it was.


Information here....
http://www.dbpartnership.org/dobusin...ltonmall/facts



And more here...
http://www.fultonstreet.org/

Fulton Street Mall is considered one of the most successful shopping districts in the New York City metropolitan area, attracting 100,000 shoppers a day. Within this 17 block district are numerous retailers, including Macy's, Modell's, Conway, Cookie's, Jimmy Jazz and Zales, as well as independent shops like Heart & Sole and Mirage Boutique.

[Obey]

Every time I walk into Fulton Mall I feel like I'm walking into another planet. I never understood it. I hope they change it.

[Obey]

^^^ 1. Fulton Mall is a transit hub so it might seem like its more busy that it really is. 2. all of the stores are sneaker shops and cheesy establishments. Whether its urban decay or not, idk

[Obey]

DoBro Megaproject Getting Shipping Container Mall
http://ny.curbed.com/archives/2011/0...ainer_mall.php

It's been a long wait for Citypoint, the mixed-use project that includes a mall on the site of the former Albee Square Mall. And it will be a longer one. The first phase of the project, with 50,000 square feet of stores, should open in spring 2012. In the meantime, the site will be getting...another mall, according to the Brooklyn Paper. This time, it will be made of shipping containers, Red Hook-style. Local artists, small business owners, and food vendors will take up the spots, and the mall is likely to stick around even once Citypoint opens, giving the Brooklyn Flea some competition. What might really do the trick: using that Fifth Avenue shipping container mall concept.

http://www.brooklynpaper.com/stories..._07_23_bk.html

[SkyscrapersOfNewYork]

the steel on this thing looks like its 50% complete, walked by it yesterday.

[NYguy]

ny1


• Video Link

[NYguy]

gawillia2

[aquablue]

Wow, the Toren is really great. It is amazing how nice it is to have relief from all the red brick/stone everywhere. Brooklyn needs more metal, steel to update its look.