The end of the year coincided with the end of the Albee Square Mall’s 31-year life. Built in 1977 on the site of the former Albee Square Theater, the mall’s popularity (See, to me this mall is like number one, and any other shoppers that try to compare—there ain’t no way they could hang out with Albee Square, sang Biz Markie) was ultimately no match for the march of real estate progress down Flatbush Avenue. The new mixed-use development rising on the site (rendered at right) will have 650 units of residential space in addition to 475,000 square feet of retail and more than 100,000 square feet of Class A office space. Sounds like a party.
Development Watch: Acadia Starts Albee Demo [Brownstoner] GMAP
Albee Square Deal Closes, Fewer Apartments Planned [Brownstoner]