Developers chosen for Brig site in Wallabout

HPD has selected a development team to create a mixed-use property on the site of a former prison in Wallabout, Brooklyn. Dunn Development Corporation and L & M Equity Participants will build a structure on the 103,000-square-foot site that will have 434 residential units and some commercial space. HPD, which sold the Brig’s development rights for $1, said that 77 percent of the complex’s housing–which will include a mix of rentals and co-ops–will be reserved for families earning between 30 and 130 percent of the area median income. The former prison building on the site, which is bounded by Flushing Avenue to the north, Park Avenue to the south, Clermont Avenue to the east and Vanderbilt Avenue to the west, was destroyed in 2005. Construction on the new project is slated to begin next year. TRD