Alloy Development is planning a massive mixed-use project near Atlantic Terminal in Downtown Brooklyn.
The project, known as 80 Flatbush, would include a 920-foot residential tower, making it one of the borough’s tallest, Politico reported. The project is expected to include 200,000 square feet of Class A office space, 900 residential units, two schools, 40,000 square feet of retail and another 15,000 square feet set aside for a cultural center.
Alloy needs city approval to rezone the site before the project can move forward. The development proposal evolved from the city’s request seeking plans to Redevelop The Khalil Gibran International Academy On Schermerhorn Street. Alloy saw the opportunity to do more though, and bought up surrounding sites.
“There’s always anxiety about development and change and all those things, but our feeling is, if every public project came with a public school or a hospital or some other need, we wouldn’t be talking about that,” Alloy CEO Jared Della Valle told Politico. “If not here, where? It’s not like we’re in the middle of nowhere. We’re at the intersection of Flatbush and Atlantic.” [Politico] — Kathryn Brenzel