Five Developers Bid for Public Place Site

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Some of the city’s biggest firms are looking to redevelop the contaminated Public Place site in Gowanus, according to an article in the Brooklyn Eagle. The Related Companies, Two Trees Management, Strategic Development with Avalon Bay Communities, the Hudson Companies with Fifth Avenue Committee, and the World-Wide Group all responded to the city’s RFP for the six-acre site off of Smith Street last month. The proposals include 500 to 1,000 units of housing, around 50 percent of which will be affordable. The Public Place is Related’s first attempt at building in Brooklyn, and one of the firm’s associates says redeveloping the site of a former manufactured gas plant would be no more complicated than any other real estate development project in this city. How long do you think it’ll be until something’s actually built here?
Five Developers Vie for Gowanus’ Contaminated Public Place [Brooklyn Eagle]
ISO Private Developer for Public Place [Brownstoner]

By Gabby |