Connect with us

Hi, what are you looking for?

Jewish Business News

Real Estate

Forest City Ratner Unveils Planned Park for Pacific Park Brooklyn Development

“The park will make this pocket of the borough more livable for residents of many different Brooklyn neighborhoods.”


Pacific-Park-2

Forest City Ratner has revealed plans for an eight-acre park, which will be located between the buildings of its major development currently under construction in Pacific Park Brooklyn, the New York Daily News reports.

Ratner intends to present its plans for the park at a local community meeting on Wednesday.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

“The park will make this pocket of the borough more livable for residents of many different Brooklyn neighborhoods, ” MaryAnne Gilmartin, the president and CEO of Forest City, told the Daily News. “There will no longer be a dearth of green space in the heart of Brooklyn. Instead, there will be sprawling lawns, shaded benches and valued neighborhood amenities across eight acres of public open space that will reknit these communities together.”

Pacific Park Brooklyn is a redevelopment of 22 acres in downtown Brooklyn. It will have 16 towers featuring condos and 2, 250 units of affordable housing over 22 acres and 6 million square feet of residential space. The new Barclays Center, where the NBA’s Brooklyn Nets play, is already there.

The development will also have 250, 000 square feet of retail space. The project plan permits a program variation that could allow for up to 1.6 million square feet of commercial space. The project also includes major transportation improvements, including a new storage and maintenance facility for the LIRR and a new subway entrance to the Atlantic Terminal Transit Hub, the third largest hub in the City.

pacific-park-3

Originally known as Atlantic Yards, the project’s master plan was designed by Frank Gehry. The development was renamed Pacific Park Brooklyn in July 2014.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...