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A blog from CityRealty (Links below will take you to the 6sqft site)
 
 

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420 Albee Squar-04 Renderings of One Willoughby Square (JEMB Realty and Forest City)
Come 2021, Downtown Brooklyn will have a fresh new commercial tower — the neighborhood’s first ground-up office development since the area was rezoned in 2004. Christened One Willoughby Square, the 36-floor building will be the tallest commercial building in the borough. Spread across its 471,285 square feet will be Class A offices, ground-floor retail, and a 300-seat school housed in its first six floors.
The tower, addressed at 420 Albee Square West is being developed by JEMB Realty Corporation (JEMB) with Forest City New York. Last year, the team cemented the deal when they acquired a portion of the 18,000-square-foot lot and 150,000 square feet of development rights from the New York City Economic Development Corporation (NYCEDC).
One WIlloughby Square Workers now on site preparing foundations as of early April (CityRealty)
Future site of Willoughby Square Park with One Willoughby off in the distance
Workers are now on-site preparing the building’s foundations. The T-shaped parcel stretches to Duffield Street and shoulders the just-finished green-glass rental called The Azure at 436 Albee Square. At the tower’s northern doorstep will be the forthcoming Willoughby Square Park to have an acre of green space and a 700-car parking garage beneath. The site is centrally located across from the City Point shopping and entertainment center, a block from the Fulton Street Mall and surrounded by a spaghetti of subway and bus lines.
420 ALbee Square Left rendering credit: DBOX
Willoughby Square Park Rendering of Willoughby Square Park
The 540-foot tall building will unseat 12 Metrotech Center (473’) and the Montague Court Building (462’) as the tallest commercial structure in Brooklyn. Despite a Bloomberg administration-led upzoning in 2004 to stimulate commercial development in the business district, a multitude of apartment towers has risen instead. Recently-finished rental and condo towers now make up seven of the ten tallest buildings in the borough according to statistics from the CTBUH’s Skyscraper Center. Nearby JDS Development's 9 Dekalb is digging its foundation and Extell Development's Brooklyn Point is now rising. Both are set to become the tallest building in the city outside of Manhattan.
Downtown-Brooklyn-skyline Google Earth aerial showing future Downtown Brooklyn skyline (CityRealty)
FXCollaborative (formerly FXFOWLE) has been tasked with the design – one they’ve grown so fond of that they've reportedly signed on to take 40,000 square feet inside the building along its seventh through ninth floors. According to the New York Post, who first reported the deal, the practice will have their own 20-foot-by-150-foot terrace on the seventh floor that they will use to test out mock-ups and plants for green roofs, as well as for gatherings and relaxation.
Cross section of office floors (FXCollaborative)
The firm says, “The design is a contemporary take on the famed New York industrial loft with gridded, oversized windows, distinctive glazed brick spandrels, and exposed concrete structure.” There will be un-encumbered workspaces, interior atria, and every other floor will have balconies. Unique to the building will be four “superfloors” that have 18-foot-high ceilings and accompanying terraces or loggias.
The tower’s restrained and somewhat retro appearance will be accented with gridded windows and navy-blue brick spandrels that are said to pay homage to architect Ralph Walker’s nearby Belltel Lofts building. Dan Kaplan, Senior Partner at FXCollaborative tells the Post, “We wanted to create something with shadow and texture but had a reference to the grit of historical Brooklyn.”
Asking rents in the building are expected to start $65 per square foot. The building is targeted for a 2021 delivery.
New Developments Editor Ondel Hylton Ondel is a lifelong New Yorker and comprehensive assessor of the city's dynamic urban landscape.
Glamorous Large 3 Bedrooms at 86th and Park View Property
Waterfront fresh, amenity-rich, modern luxury studio, 1, 2 & 3 bedroom rentals View Property
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