Forest City Ratner has filed new building applications for a third, conventionally built building at 540 Vanderbilt Avenue. The development comes hot on the heels of filings for a second new building, 535 Carlton Avenue, the state’s plans to seize seven Atlantic Yards properties under eminent domain, and lawsuits over the first tower, B2.
The complex between Pacific and Dean Streets will rise 17 stories and house 282 units. Designed by Cook+Fox, the project will include 326,047 square feet of residential space and 4,731 square feet of ground floor retail.
Although permits say 540 Vanderbilt, the development’s official address will eventually be known as 550 Vanderbilt Avenue. The whole building will be market-rate condos, as previously reported. There will also be a pool, locker rooms, a shared library, common roof terrace and 198 bike storage spots.
Construction of the first, modular B2 tower at 416 Dean Street came to a screeching halt not long after Forest City rebranded the entire 22-acre megaproject “Pacific Park” last month.