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November 28, 2008

Development Watch: Avalon Rising on Myrtle

Avalon-Myrtle-1108.jpg
What a difference a month makes! At the end of October, this is what the Avalon Bay site at the corner of Myrtle and Flatbush Extension looked like. Now? Well, they've got four stories up. Let's see where they are a month from now.
Avalon from Above: Seven Weeks Later [Brownstoner]
Development Watch: Avalon Fort Greene from Above [Brownstoner] GMAP
Avalon Myrtle Hit With Stop Work Order [Brownstoner]
Development Watch: 159 Myrtle Avenue [Brownstoner]
Foundation Push at Avalon Myrtle [Brownstoner]
Development Watch: 159 Myrtle Avenue [Brownstoner]
Myrtle Building Boom from Above [Brownstoner]
So That's What Avalon Myrtle Will Look Like! [Brownstoner]




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Comments

who cares?

Posted by: ontheparkway at November 28, 2008 2:27 PM

I've been noticing how nice the building on the other side of Myrtle looks at this point. (I forgot the name--is it Toren?)

Posted by: rf at November 28, 2008 2:29 PM

ontheparkway -- it amazes me how little people on this site realize the import of the changes in downtown brooklyn. credit to mr. b for seeing the developments and covering them despite the tepid and ill-ill informed apathy directed thereto by most readers.

Posted by: bklynite at November 28, 2008 4:11 PM

With all the cranes in Downtown Brooklyn (Tillary Street Project, the Avalon Project, the Catsimitadis Project, Hotels on Duffield Street), the area is starting to look like a mini-Dubai. Very Exciting. Particularly for those of us who have been in the area long enough to remember what this stretch USED TO look like...

Posted by: FtGreeneCorey at November 28, 2008 5:56 PM

Also don't forget 111 Lawrence (51 story)

http://www.brownstoner.com/brownstoner/archives/2008/11/111_lawrence_re.php

80 DeKalb (365 rental unit)

http://www.brownstoner.com/brownstoner/archives/2008/09/development_wat_292.php

388 Bridge (360 unit)

http://www.brownstoner.com/brownstoner/archives/2008/11/development_wat_320.php

Anyone who says "who cares" has no concept of what this area will look like in 5 years. Surprisingly, developers are still building.

And if Avalon Bay is truly buying this large parcel of land, watch out:

http://www.brownstoner.com/brownstoner/archives/2008/11/huh_laboz_sells.php

And yes, that building (Toren) next to the Avalon Bay Luxury rental development looks fantastic. That "curtain wall" is as pretty as I have ever seen, including Manhattan.

Posted by: Junkman at November 29, 2008 9:06 AM

I almost forgot. The most important development in this area, City Point, should start building in January. This building is projected to be the tallest building in Brooklyn. The good thing is it has many tenants with Target being the anchor tenant.

It will be both residential and commercial with tons of commercial space.

citypointnyc.com


Posted by: Junkman at November 29, 2008 9:12 AM

thank you, junkman -- gratifying to see someone who gets it.

Posted by: bklynite at November 29, 2008 12:27 PM

I almost forgot. The most important development in this area, City Point, should start building in January.

It will be both residential and commercial with tons of empty commercial space.

The What

Someday this war is gonna end...

Posted by: Return of The What at November 29, 2008 5:38 PM

So we need another target 10 blocks from the other target? What am I missing?

Posted by: Heather at November 30, 2008 11:40 AM

I was walking around downtown yesterday. Toren is looking great.

Posted by: SnarkSlope at November 30, 2008 12:20 PM

According to Target, their Brooklyn Store is their highest grossing store in the country.

Logically, there is an excellent possibility that this new Target will attract consumers from the the immediate surrounding area. In New York City, a 15-20 walk is an eternity. As I'm sure you are well aware, someone living in the Heights has, in all probability, never been to Fort Greene. When one doesn't use or own a car, a neighborhood becomes a focal point for ones shopping.

With the Oro, Toren, BellTel, 111 Lawrence, and tons of other condos in their infancy, this location is a can't miss.

There is no doubt in my mind that the area can support both. Don't think it is a stretch to anticipate that both will be in their top 10.

Posted by: Junkman at December 1, 2008 7:49 AM

anybody know what this building will look like?

Posted by: friend_or_foe at December 1, 2008 10:53 AM

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