Would-be Pier 1 Developers: And Then There Were 3

Today Crain’s has an article saying the word from sources is that only three developers are still in the running for the hotel and condo project that will be built at Brooklyn Bridge Park’s Pier 1: Dermot Company, Toll Brothers and a team made up of Starwood Capital and Alloy Development. A total of seven developers answered the request for proposals for the project. Proposals from heavy-hitters including Two Trees, RAL Companies and Extell are no longer being considered. One of the interesting tidbits in the Crain’s article is that Brooklyn Bridge Park Corp. may mix and match the proposals with “the selection of one or a combination of plans.” The rendering from Dermot’s FXFowle-designed proposal is shown above; the firm is partnering with Pritzer Realty Group, Hyatt and St. Ann’s Warehouse. Click through to see the renderings for the proposals from Toll Brothers (the company has teamed with Hampshire Hotels and Resorts, and the architect would be Rogers Marvel) and the one from Starwood Capital and Alloy Development, which would be designed by Bernheimer Architects and nArchitects. The guidelines for the site call for 170 to 225 hotel rooms and between 150 and 180 residential units. A developer is supposed to be named for the project within the next few months.
Finalists Seen for Bklyn Bridge Park Development [Crain’s]

The Toll Brothers design

The Starwood Capital and Alloy design