Developer BFC Partners filed permits yesterday for a large residential building in the borough’s Stapleton neighborhood.
Plans call for an eight-story, 214-unit building at 475 Bay Street. Edelman Sultan Knox Wood Architects was hired to design the structure, which will span 162,000 square feet and rise 70 feet. Nearly 9,000 square feet of retail space is slated for the property. Each floor will hold about 30 apartments averaging 750 square feet.
The site is zoned for low-density commercial and industrial use, not residential. The developer would have to seek a variance or a formal rezoning to bring its proposal to life.