Atlantic Yards/Pacific Park graphic: what's built/what might be coming + FAQ (post-dated pinned post)
|Click on graphic to enlarge. Design by Ben Keel.|
How many people are expected?
Atlantic Yards/Pacific Park has a projected 6,430 apartments housing 2.1 persons per unit (as per Chapter 4 of the 2006 Final Environmental Impact Statement), which would mean 13,503 new residents, with 1,890 among them in low-income affordable rentals, and 2,835 in moderate- and middle-income affordable rentals.
That leaves 8,778 people in market-rate rentals and condos, though let's call it 8,358 after subtracting 420 who may live in 200 promised below-market condos. So that's 5,145 in below-market units, though many of them won't be so cheap.
As of Nov. 2017, the buildings finished include 1,242 units with the capacity for 2,608 people (using the 2.1 persons/unit estimate, which does not necessarily hold in each building; nor are any full yet):
- 461 Dean (181 below-market rentals, 182 market rentals, 762 residents when full)
- 535 Carlton (298 below-market rentals, 626 residents when full)
- 550 Vanderbilt (278 condos, 584 residents when full)
- 38 Sixth (303 below-market rentals, 636 residents when full)
This is more of a concept plan than a confirmed representation, from the new firm L&L MAG (which is working on Atlantic Yards on behalf of minority shareholder Forest City New York), but it does show the bulk from a different angle. The pink arrows point to completed buildings, the green to the two tallest (Site 5 and B4). Note that the huge two-tower Site 5 project has been floated but not yet approved.
What was the project's timeline, and how has it changed?
When Atlantic Yards was announced in December 2003, it was supposed to take ten years to build. That same timeline persisted after the project received official state approvals in 2006. After delays, including lawsuits and the recession, project terms were changed in 2009. A 2035 "outside date" was assigned for the project, with penalties only for a few buildings and the platform.
In 2014, the state and community negotiators, who had threatened a lawsuit regarding delayed affordable housing, agreed to a 2025 deadline for the affordable housing. That
Four of 15 (or 16) towers were completed (or nearly so) when, in 2016, Forest City Realty Trust, at that point the junior partner in the joint venture with Greenland USA (see below) announced it would pause new construction. In early 2018, after Greenland agreed to buy most of Forest City's remaining share, the developer said it aimed to start a new building in 2019.
Greenland has said it will meet the affordability deadline, which implies front-loading affordable units. (One question--see below--is how affordable they will be.) A former Forest City executive in January 2018 offhandedly estimated that the project would take another decade. I'd bet it goes past 2028.
What's the next building to be built?
Probably B4, on the northeast corner of the arena block, but it likely won't launch until the second quarter of 2019.
What after that?
The sites are cleared for B12 and B13 on the arena block, and B15 across Sixth Avenue from the Barclays Center. B12 was unveiled in September 2015 as 615 Dean Street and B15 was unveiled in December 2015 as 664 Pacific Street. The latter--delayed by a dispute with neighbors and perhaps for business reasons--would contain the planned middle school, which, had it been built, would be open by now. It would take two years to build.
How many affordable units have been built?
How many jobs have there been?
|In back of 535 Carlton|
Investor Londell McMillan said "it breaks my heart to have been a party of the project." Fervent public testifier Umar Jordan said "they played Brooklyn." Former state overseer Arana Hankin said "there really is no accountability."
|Proposed 80 Flatbush rendering near left. Arrow =Site 5|
Until Atlantic Yards was announced, the 512-foot Williamsburgh Savings Bank tower, with a distinctive clock, was the tallest building in Brooklyn. Original architect Frank Gehry's flagship Atlantic Yards tower, Miss Brooklyn, was supposed to be 620 feet. It was lowered to 511 feet in 2011, but would have been three times the bulk. Now it won't be built, as the arena's plaza will persist, but the bulk of Miss Brooklyn is expected to be transferred across Flatbush Avenue to Site 5, and a tower could reach 785 feet.
The bank building has been sold: the upper floor offices are now condos, and the bank space became an event space and now will be retail. Meanwhile, the Downtown Brooklyn rezoning, and associated development around the Brooklyn Academy of Music, have changed the development spine along Flatbush Avenue, with numerous towers. A "supertall" is planned, more than 1000 feet, next to Junior's and a 926-foot tower, 80 Flatbush, is planned just north of the former bank building, now One Hanson.
|Proposed 550 Clinton Avenue, with Pacific Park|