What you see above are renderings for the massive development project Time Equities has on tap for Sunset Park. The Greenberg Farrow-designed shopping center, which is being dubbed “Sunset Marketplace,” will be part of Time Equities’ redevelopment of two square blocks (30th to 32nd streets) between 3rd Avenue and the water. New construction on the site will total 790,000 square feet, according to Greenberg Farrow’s website, including a large parking garage. The retail building will rise next to Federal #2, an huge industrial structure that Time Equities will redevelop for light industry and commercial tenants (there will probably also be some retail on Federal #2′s ground floors). The EDC selected Time Equities and the Brooklyn Economic Development Corporation for the project last May. According to Philip Gesue, Time Equities’ project director for acquisitions and development, the proposal is now in pre-application review with City Planning and should enter ULURP soon.
Sunset Park’s Federal #2 a Potential Lifeboat for Creatives [Brownstoner] GMAP