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The Transformation of Brooklyn Mega Development, Affordable Housing and Zoning Roundtable

The Transformation of Brooklyn Mega Development, Affordable Housing and Zoning Roundtable

Brooklyn is bustling with cranes and developers investing billions into promising new projects and initiatives. Join Green Building Worldwide and key stakeholders for this important roundtable to be held on July 31, 2019 for a discussion on new developments coming online and key initiatives.

Home to nearly 2.6 million residents, Brooklyn is the most populous borough in New York City and a growing innovation economy. Importantly, the challenges that have stymied affordable housing development in the United States are evident in Brooklyn show no signs of lessening. All stakeholders agree that it is past time to work strategically to start finding answers affordable housing, zoning and development challenges.

The Discussion: Brooklyn Mega Development Projects, Affordable Housing and Zoning Initiatives

  • Brooklyn Navy Yard

  • Pacific Park, a major Brooklyn Master Plan

  • 85 Jay Street, Brooklyn, New York

  • Green Point Landing, Brooklyn, New York

  • 9 DeKalb Avenue, Brooklyn, New York

  • Gowanus Rezoning Proposal and Update on BQE Cantilever

Brooklyn Navy Yard

The 300 acre Brooklyn Navy Yard industrial site involves emerging, high growth industries that are based in technology and reinventing Architecture and itself. Over 5.1 million square feet is being constructed and the future is looking bright with the recent newly announced mega developments.

Pacific Park

The former 22 acre Atlantic Yards, now Pacific Park, has built 782 affordable housing units of the promised 2,250 well after a decade of planning. The mixed use residential and commercial development recently announced a new mega project in its best to meet its 2025 targeted completion date.

85 Jay Street, Brooklyn, New York

The transformation of one of Dumbo’s long-undeveloped tracts of land is finally moving forward. The site is being prepped for its conversion into a 1.1 million square foot mixed use development.The site is part of the state Department of Environmental Conservation brownfield remediation program, and work to clean up the site is now underway.

Green Point Developments, Green Point Landing: Brooklyn, New York

Green Point Landing towers and a standalone seven story building will bring 745 rentals to the area. Thirty percent of those apartments will be earmarked as affordable and integrated throughout one of the two towers. The 30 and 40 story towers are part of the 22 acre Green Point Landing development. The development will see Eagle and Dupont streets extended towards the East River, and rise between them on the waterfront. The sites formerly served industrial uses, and have been closed off to the public. The mixed-use buildings will also have 8,600 square feet of ground-floor retail. Construction is poised to begin this summer.

9 DeKalb Avenue, Brooklyn, New York

Planned to be the Tallest Tower to Rise in Brooklyn, the project would eventually feature 425 rental units, 30 percent of which will be set aside as affordable housing, as well as 150 condominiums and 120K SF of retail space. Over the landmarked Dime Savings Bank and has faced years of challenges to find financing. Development will start this summer and is slated to be complete by 2022.

Gowanus Rezoning Proposal new update

The proposal is based off of the framework prepared by DCP , and builds off of some of the key points of that framework: creating more housing including affordable, prioritizing space for light industrial and cultural institutions, and cleaning up the Superfund adjacent neighborhood.

Mega Development and Infrastructure Forum: Brooklyn Developments

The When and Where: One Seaport Plaza

Time: 4:30pm to 6:00pm

Date: Wednesday, July 31, 2019

Location: One Seaport Plaza, 199 Water Street, New York City

Refreshments will be served, Wine and Cheese Tasting

About Green Building Worldwide: GBW is a strategic research and advisory consulting firm. We provide next generation platforms to support building, corporate, environmental and policy leaders involved in capital and development projects. Inclusion in both access and delivery is also at our core.

Our forums are a collaboration between Green Building Worldwide and EIG. We thank you for your continued participation and look forward to furthering our work of bridging the gap. If you would like to know how you can become involved in our efforts, contact me directly at 212.500.1160.

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