L: 540 Fulton Street rendering posted on construction fence, R: Rendering via Loopnet
Another high-rise, mixed-use tower is heading to the development-heavy Downtown Brooklyn area. Revised permits show the once proposed office structure at 540 Fulton Street will now hold a whopping 327 residential units and stand 511 feet tall – just a foot shorter than the former Williamsburg Savings Bank Tower (converted into condos in 2006), which stood as Brooklyn's tallest high-rise building between 1929 and 2009.
In April 2016, real estate investment and management firm Jenel Management filed permits for a 19-story, 200,000-square-foot building, renderings for which were revealed (see below) by 6SQFT a month later. Now, 540 Fulton Street will hold 96,592 square feet of commercial space with retail and office space occupying floors 1 through 8. There will be 236,869 square feet of residential space, which comes out to roughly 720 square feet per unit – indicating rental-sized apartments. Floors 10 through 30 will house 10 units each and floors 31 through 43 will house 9 units each.
The floor schedule doesn't call for any particularly special amenities; residents will have access to storage rooms, bike rooms, a package room, one laundry facility, and a business center, a gym, and two lounges with terraces on the 9th floor. There will also be a roof deck with a lounge, undoubtedly showcasing stunning Brooklyn and Manhattan views.
Office workers will be given some amenities as well, including two terraces and a bike room.
Manhattan-based Marvel Architects is still on board to design the soaring project, but its latest design is certainly lackluster compared to the firm's other work, which includes the nearby 36-story condo One Clinton and the luxury rental The Pierrepont.
The floor schedule doesn't call for any particularly special amenities; residents will have access to storage rooms, bike rooms, a package room, one laundry facility, and a business center, a gym, and two lounges with terraces on the 9th floor. There will also be a roof deck with a lounge, undoubtedly showcasing stunning Brooklyn and Manhattan views.
Office workers will be given some amenities as well, including two terraces and a bike room.
Manhattan-based Marvel Architects is still on board to design the soaring project, but its latest design is certainly lackluster compared to the firm's other work, which includes the nearby 36-story condo One Clinton and the luxury rental The Pierrepont.
An ornate two-story structure once featured as Brownstoner’s “Building of the Day” stood at 540 Fulton Street until it was demolished in December 2015. A recent site visit now shows active construction and an expected completion date of October 2020 posted on the fence.
The 43-story tower will rise in the same area as Brooklyn's future tallest towers: 9 Dekalb, 138 Willoughby Avenue (1 City Point), and 80 Flatbush.
The 43-story tower will rise in the same area as Brooklyn's future tallest towers: 9 Dekalb, 138 Willoughby Avenue (1 City Point), and 80 Flatbush.
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Sandra Herrera
Sandra Herrera is a writer, editor, and graphic designer based in Brooklyn, NY.
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