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Brooklyn,JJ1CDOWNTOWN BROOKLYNR O G %u25a0 oQ%u25a0H \PROJECTD E V E LO P M E N TA R C H ITE C TS IT EIN F O R M A T IO N COSTP U B LIC F U N D IN G IN C LU D E DSTARTINGDATECOMPLETIONDATE PROJECT IN C LU D E S CURRENT STATUS OF THE PROJECTP i e r r e p o n tO f f i c eB u i l d i n gPierrepont Assoc. Haines Lundberg WaehlerA 46,016 sq. ft. site bounded by Cadman Plaza West, Pierrepont S t., and Clinton St.$154million22-year as-of-right property tax exemption; 30% energy cost reduction: $5 million Federal Urban Development Action Grant (UDAG); $4 million Municipal Assistance Corp. surplus monies: $8.4 million from City for excavation of the site and creation of parking garage.May 1986 February 1988651,000 sq. ft. building will include 33,000 sq. ft. of retail space on the ground floor as well as office and computer space. Business Library of Brooklyn Public Library expected to move to ground floorConstruction is underway. Architects are still considering some changes for the base of the building facing Cadman Plaza West. Excavation and foundation work is 80 percent complete and structural steel is being erected.B r o o k l y nR e n a i s %u00ads a n c eP la z aMuss Development Corporation William B. Tabler127,649 sq ft through block site located between Adams and Jay St. on what is now Columbus Plaza.$135million$6.2 million from the City's capital budget; $6 million in Municipal Assistance Corp. surplus monies; $9.6 million UDAG money; 22-year property tax exemption.Spring 1987 1988356-room Hilton Hotel; 17,000 sq. ft. conference facility;23.000 sq. ft. for banquet, assembly and dining facilities;9.000 sq. ft. health club,538.000 sq. ft. of office space and 700 car garage.City review process is complete and construction should begin by early 1987. The developer and the City's Public Development Corp. are looking for commercial tenants for the building.A t l a n t i cT e r m i n a lRose Associates Skidmore, Owings & Merrill22 acres of mostly vacant Urban Renewal land, on a site mostly bounded by Flatbush Ave., Hanson Place, Fulton St., Carlton Ave., Pacific St., 6th Ave., Atlantic Ave., and 5th Ave.$350million$5 million in Municipal Assistance Corp. surplus monies; seeking $16.41 million UDAG; $20 million from City's capital budget for site clearance and construction of garage; 13-year as-of-right tax exemption.Spring, 1987 No date projected1.8 million sq. ft. office space; 205,000 ft. retail space; multi-screen movie theater; 50,000 sq. ft. supermarket; health club; 1,000 car garage; 643 condominiums.Letter of intent signed on September 12 for the City%u2019s Health and Hospitals Corporation to be the first major tenant. The project received the approval of the City Planning Commission on August 18. Final Board of Estimate vote on Sept. 25. The City applied for the September round of federal Urban Development Action Grants.B r o o k ly nC e n t e rRose Associates2 blocks bounded by Fulton St., Ashland Place, Lafayette St., and Flatbush Ave$180millionNo public funding for the project.Still tobe determined To be determinedApproximately 1.2 million sq. ft. of office space; 120,000 sq ft. of retail space; and an 820 car garage.At the August 18 vote of the City Planning Commission, Urban Land Use Review Procedure items pertaining to Brooklyn Center were unanimously approved. Board of Estimate votes on Sept. 25.M e t r o T e c hForest City /Metro Tech Assoc.No architect chosen Master planner: Haines Lundberg Waehler16 acres of land mostly bounded by Flatbush Ave., Tillary S t., Bridge S t., Tech Place,Jay St., Willoughby St., and Gold St.$770millionSeeking $7 million UDAG money; $10 million Municipal Assistance Corp. surplus monies; $26 million City loan; and a 30% reduction in Commercial Occupancy Tax as well as benefits from an energy reduction program.Summer 1987 Phase I: 1990 Phase II: late 1990's.Phase I: 1.29 million sq. ft. of office space; 75,000 sq. ft. of retail space; 153,000 sq. ft. of academic space; and 425 car garage. Phase II: 3 million sq. ft. of office space; 100,000 sq. ft. of retail space; and parking for 1,200 cars.The development is expected to be certified by the City by October. Two major tenants, Brooklyn Union Gas and Securities Industry Automated Corporated signed letters of intent in August to build their own buildings in the project.M e t r o T e c h /S I A CM e t r o T e c h /B U GM e t r o T e c h /P o ly t e c hBounded by Lawrence and Bridge Sts., and Myrtle Ave. and Willoughby St.Bounded by Jay and Lawrence Sts., and Willoughby and Myrtle Ave.Construction of new building on Tech Place (Johnson St.) facing the new commons.$88 millionNo estimate$22.5millionSee above See above$14 million loan from Port Authority.Summer 1987Summer 1987 Summer 1987Summer 1989Summer 1989 1990450.000 sq. ft. of office space with 19,000 sq. ft. of retail space on the ground floor.954.000 sq. ft. office building with 15,000 sq. ft. of retail space on the ground floor.The combined library and Center for Advanced Technology and Telecommunications will use 266,000 sq. ft.SIAC signed a letter intent with the developers on August 22 to become a tenant in the building. They will initially rent 250,000 sq. ft. with the option to expand. Preliminary designs for the building are expected to be finished at the end of the year.Brooklyn Union Gas signed a letter of intent with the developers of August 14 to move into 400,000 sq. ft. of a new building.F u l t o n F e r r yD a vid W a le n ta sTen industrial loft buildings in the area bounded by the Manhattan and Brooklyn Bridges and the Brooklyn Queens Expressway.NotavailableNone Underway Indefinite Developer David Walentas opened his first renovated building earlier this year with the N.Y. State Dept, of Labor as the major tenant.F u lt o n F e r r y / S t a t e o f N e w Y o r k15 acres of vacant City and State-owned land on the East River, including the Empire Stores, designated a landmark structure. Site of Empire Fulton | Ferry State Park.To be determined No date No dateBoth the City and State of New York conditionally designated David Walentas%u2019 Two Trees Management Co. as developer in 1981. The City then withdrew its portion ol the designation in 1984. The state portion of the site has been partially improved by construction of an interim public park.L i v in g s t o nP la z aLivingston Plaza Associates Murphy/Jahn Associates60,000 sq. ft. largely vacant land bounded by Smith, Livingston and Schermerhorn Sts. and Boerum Place.$65 million No public funding Summer 1987 Late 1988435.000 sq. ft. of back office space with approximately25.000 sq. ft. of ground floor retail space, and an underground garage for 225 cars.%u2019 The project is still in the public review process. Developer and PDC are looking for tenants for the building. Certification is expected in the next 2-3 months.T im e sP la z aMartin OrlofskyLeonardColchalmiroAt intersection of Atlantic and Fourth Aves., the project area runs along Atlantic and Fourth and State St.$6.5millionNo public funding Phase I: February 1986 Phase II:Mid 1987Phase I: March 1987 Phase II: Mid 198878 market rate rental housing units in Phase I and II. 10,000 sq. ft. retail space in Phase 1. Phase II to be determined.Facade work on many of the buildings has been com-' pleted. Attention will now be turned inward. The project is approximately 25% complete. Phase II is in its preliminary design stage.B o r o u g hH a ilConklin Rossant$19.5millionCity funded. March 1984 Fall 1987 NoneThe Board of Estimate voted approval of an additional 1.9 million for extra construction costs for the project which is now $5 million over its original budget and two years behind schedule.N e w Y o r kCityT e c h E x p .Mu/arri Durell Stone AssocRenovation and construction on the college's North and South campus.$42 million Completely funded by bonds from Dormitory Authority of the State of New York.May 1985 Spring 1988None Construction is well underway on this expansion project.B r o o k ly nH e ig h t sP ie r s87 acres of waterfront land and Piers 1-6 in Brooklyn Heights.Not determinedNot determined. No date No date Still in study stages. Port Authority has reached no new decisions on the fate of the piers. Studies and discussions on their possible use are still underway.Page 16, The Phoenlx/Brooklyn.lnc Section Two, September 18,1988