Georgica Green Ventures and Concern for Independent Living are bringing affordable housing to the Coney Island Boardwalk. New York–based Stephen B. Jacobs Group is the architect for the project. Phase One of Surf Vets Place will add 135 units and 7,000 square feet of commercial space to a 170,000-square-foot parcel at the corner of West 21st Street and Surf Avenue. Residents will be steps away from the beach, and walking distance from the Brooklyn Cyclones stadium and Luna Park. Plans filed in April indicate that 52 of the apartments will be available to households earning 60 percent of the area median income, which in 2015 was $86,300 for a family of four, while 82 apartments will be reserved for homeless veterans. The developers will build a new street, Ocean Way, to connect West 20th and West 21st streets at midblock, and all of the buildings in the development will face onto shared courtyards. The listings page highlights standard amenities, including a fitness center, rooftop terrace, laundry room, and bike storage. Financing documents suggest that the development is projected to cost $68.8 million; construction on the first phase is expected to be complete by 2018. Land around the former amusement park was rezoned for commercial and residential development in 2009. Renderings suggest that buildings up to 25 stories tall will be added at later stages of Surf Vets Place, but when The Architect's Newspaper reached out to CityRealty for comment, no employees were available to speak about the project.
Posts tagged with "Stephen B. Jacobs Group":
Move over Woolworth Building. Another iconic Lower Manhattan skyscraper is slated for a residential conversion, this time by Deborah Berke Partners and architects of record Steven B. Jacobs Group. The 66-story art deco landmark at 70 Pine Street was built in 1932 as the Cities Service Company, and more recently served as the headquarters of American International Group (AIG), and now developer Rose Associates plans to transform the tower into 700 luxury apartments above a 300-room hotel. Standing at 952 feet tall, 70 Pine was originally the 3rd tallest building in the world, behind the Empire State Building and the Chrysler Building, and is still one of the tallest in the city. Stylized art deco detailing in stone and aluminum covers the building's exterior and lobby, with a miniature stone model of the structure standing between the building's main entrances (see below). Stephen B. Jacobs, principal of the Stephen B. Jacobs Group, said all significant historical elements of the structure will remain intact in line with NYC Landmarks laws and guidelines for historic tax credits. Individual residences, however, will begin with a clean slate and feature modern design. "The residences will be modern in a way that's inspired by what's already there," said Christopher Yost, Associate Architect at Deborah Berke Partners. "They're designed to be compatible with the existing building." Interior demolition has already begun on site, but Jacobs noted that final plans including the official number of units could change in the future and that a design team for the hotel below the residences has not been finalized. He said four to six apartments are planned per floor in the tower with more units filling floors on the tower's base. The building's pointed spire, featuring an observation deck and glowing lantern at its pinnacle, will be part of the residential program, but it hasn't been decided whether it will serve as a penthouse or communal space. Construction is expected to take around 18 months, meaning 70 Pine should open sometime in summer 2014.