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Old 04-30-2012, 01:47 PM
 
Location: Portland, Oregon
46,001 posts, read 34,994,303 times
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Quote:
Originally Posted by geoking66 View Post
I'd ultimately like to see that stretch of Flatbush between Downtown and Atlantic grow upwards. How likely that is and the timeframe I'm not sure, but I can hope.
I have to agree, I hope I get to see that change happen and downtown Brooklyn really function as a big downtown for Brooklyn, but there is still a long way to go and there are a lot of potential roadblocks in the way.
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Old 04-30-2012, 03:03 PM
 
33,389 posts, read 46,795,323 times
Reputation: 14045
There's going to be 2 Times Squares - one in Manhattan and one in Brooklyn.
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Old 04-30-2012, 03:08 PM
 
Location: USA
8,012 posts, read 11,349,667 times
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manhattan bridge will soon need new trusses,
because it will be an infinite standstill.
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Old 04-30-2012, 04:34 PM
 
Location: Brooklyn, NYC
1,405 posts, read 2,438,993 times
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Quote:
Originally Posted by urbanlife78 View Post
I have to agree, I hope I get to see that change happen and downtown Brooklyn really function as a big downtown for Brooklyn, but there is still a long way to go and there are a lot of potential roadblocks in the way.
Supposedly by 2015 . . .

Quote:
The Downtown Brooklyn Tech Center will grow to a $5.85 billion a year industry, an 87 percent increase from the current $3.13 billion, supporting more than 61,000 jobs by 2015, according to a recent survey of tech firms.
Link

5.85 Billion? That's pretty big I suppose. Lol.
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Old 04-30-2012, 04:36 PM
 
5,000 posts, read 8,183,929 times
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Quote:
Originally Posted by SeventhFloor View Post
There's going to be 2 Times Squares - one in Manhattan and one in Brooklyn.
Haha indeed. Yay...
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Old 05-10-2012, 03:16 PM
 
Location: Brooklyn, NYC
1,405 posts, read 2,438,993 times
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Default Anchor City Point Tenant is. . . .



Quote:
The transformation of Fulton Mall from a Downtown Brooklyn den of cheap cellphone outlets and fast-food joints into a more upscale shopping hub is set to take a significant step forward Thursday with a deal to open a Century 21 Department Store. The popular discount retailer would provide a high-profile anchor for the City Point development, a mix of mostly retail and apartments that is one of the largest projects under way in Brooklyn. It would be the first new traditional department store to open in Downtown Brooklyn since the area slid into decline in the 1970s.

By landing Century 21, developers said they would be able to break ground this summer on the bulk of the City Point development—675,000 square feet of retail and commercial space and 690 new market-rate and "affordable" apartment units at Dekalb and Flatbush avenues.

The deal—set to be announced on Thursday—could also potentially accelerate the timeline on a later phase of the development, a 680-foot-tall residential tower that would be the tallest building in Brooklyn. The developers, Washington Square Partners and Acadia Realty Trust, plan to break ground on the tower by 2017.

"We would not have moved forward without an anchor. Century 21 was what we really needed to make this project a reality," said Paul Travis, project executive and president of Washington Square Partners. Century 21 said it would open the new 125,000-square-foot store—twice the size of its Upper West Side location—in the fall of 2015. The chain already has deep roots in the borough given that its second location opened half-a-century ago in Bay Ridge. Members of the Gindi family, which owns the chain, still live in the borough.

City Point would join other glossy new projects moving forward in Downtown Brooklyn, including the Atlantic Yards project and a new applied-science school planned by New York University.

Mr. Travis said the rapid redevelopment of Downtown Brooklyn helped move forward City Point, a city-owned site that developers said is the first new commercial development in more than 30 years on the Fulton Mall. The first, modest 50,000-square-foot tip of the project began in 2010 thanks to a $20 million bond from the federal government's stimulus program. The developers had planned to break ground this summer on 300,000 square feet of retail and about 250 units of market-rate and affordable housing. Instead, they now plan to announce Thursday more than twice that much retail and residential development. BFC Partners will build one building with 250 apartment units, half of which will be below market-rate and financed by the New York City Housing Development Corp. The second building is being developed by the Brodsky Organization and Michael Field, with 440 market-rate apartments.
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Old 05-10-2012, 03:53 PM
 
Location: Brooklyn, NYC
1,405 posts, read 2,438,993 times
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2 pictures of the area now. . .


Link

This is the space that will be filled ^^^


(Personal picture I took yesterday^)


Link

^Rendering of complete project ^
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