Community

A Glimpse of Future Development at Pier 1

The Brooklyn Bridge Park Development Corporation unveiled renderings of seven proposals to build a residential and hotel development at Pier 1, at the bottom of Old Fulton Street. Seven of the city’s biggest developers, including Robert A. Levine (One Brooklyn Bridge Park), Toll Brothers, Two Trees Management and Extell Development, have submitted plans for a combination of hotel and residential development on the waterfront. Construction would begin in 2013, with a 2015 opening.

The hotel will be the first directly adjacent to DUMBO (which some refer to as THUMBO) and will have event space and many other amenities for your in-laws/ prospective clients to enjoy while they pay you a visit. The public has 30 days to comment on the proposals. The development will raise funds for operation of the park.

A slideshow of all of the designs is available on the Brooklyn Bridge Park website. You can email comments to brooklynbridgepark@bbpnyc.org.

Here’s a rundown of the proposals from the Brooklyn Paper:

  • The Dermot Company, a Manhattan-based firm that’s behind Downtown’s One Hanson Place, the former Williamsburgh Savings Bank that was turned into a luxury condo; and another proposed high-rise on Flatbush Avenue near Fulton Street. The firm wants to build a cantilevered Hyatt hotel and residential building made of aluminum panels — and left one lot open for St. Ann’s Warehouse.
  • Extell Development, the Manhattan company that built the flashy W Hotel Times Square and a Park Hyatt hotel and luxury residences in Midtown. Extell’s plan calls for a Westin hotel and three other residential buildings in a glass, zinc, wood and terra cotta building with rooftop green spaces. One of the residences wraps around a four-story parking garage.
  • RAL Companies, owned by developer Robert A. Levine, the man behind One Brooklyn Bridge Park — the other condo inside the park at Pier 6 (though that building was a refurb, not new construction). He’s also developed boutique hotels and high-rises in Manhattan. Levine wants to build a glass and concrete Le Meridien hotel with lower-level retail space and a highly reflective glass residential complex to capture the Manhattan skyline.
  • SDS Procida, a Brooklyn firm helmed by Mario Procida, half of the development team that build Richard Meier’s On Prospect Park, a glassy monolith overlooking the park; and the be@Schermerhorn, a 25-story residential building in Downtown. SDS would create another futuristic all-glass building with a hotel on the top floors. Residential units below would wrap around a glass atrium with a 70-foot-high escalator to the hotel, gym, swimming pool and green space.
  • Starwood Capital Group, a global investment firm based in Connecticut with a portfolio of major hotels including the Carlyle overlooking Central Park. Starwood’s two buildings would have copper fins lining the facades that move with the wind to create a kinetic sculpture. A hotel would be in the lower floors of a larger building with apartments above it.
  • Toll Brothers, a national real-estate group behind the Williamsburg waterfront luxury condos Northside Piers.Toll Brothers is proposing a glass, limestone and mahogany tiered complex that would include a Dream Hotel by Hampshire Hotels, condos and ground-floor retail.
  • Two Trees Management, owned by DUMBO real-estate titan David Walentas, who owns most of the neighborhood and is currently building a boutique hotel in Williamsburg.