Atlantic Terrace
Location: Brooklyn, NY. Atlantic Avenue
Historically, Atlantic Avenue in Brooklyn was developed as a manufacturing, industrial, and commercial corridor. Many of its buildings-located on what was once classified as a brownfield site-have been recently converted into residential lofts and apartments. The appearance of these converted lofts is the principle design cue for this new mixed-use development. Atlantic Terrace brings 50% market rate/ 50% affordable housing condominiums to the neighborhood. The top two floors will consist of seven generous market-rate duplex loft style condos, each with double height living areas and their own large terrace. Layouts for the 80 one, two, and three bedroom residential condominium units exceed minimum guidelines and standards for affordable housing. Interior amenities include laundry units in each apartment. Located across the street from the proposed new Nets Arena and office/residential complex in downtown Brooklyn, this development will have a ground floor retail space and underground attended parking. "Green" standards will be incorporated into the architectural design and mechanical systems. A Geothermal heating and cooling system is currently being evaluated and the project is being designed to achieve a LEED Gold rating from the US Green Building Council.
Transect Zone(s): T5 center.
Status: 1-25% Built
Project or Plan's Scale: Building
Features: Affordable/subsidized housing, Bus transit, Civic buildings & parks, Mixed uses, Rail/fixed guideway transit, Transit oriented development.
Total built area (in sq. ft.):
Total project cost (in local currency):
Retail area (in sq. ft.): 12000
Office area (in sq. ft.):
Industrial area (in sq. ft.):
Number of hotel units:
Number of residential units (include live/work): 80
Parks & green space (in acres):
Residential types: Mid-rise/loft.
Project team designers: Magnusson Architecture and Planning, PC
Project team developers: Fifth Avenue Committee, Mega Contracting Inc., MAP Development
Previous site status:
Starting/Ending date of construction/implementation: -