A groundbreaking ceremony on April 21 marked the start of work on a new mixed-use high-rise complex from Lendlease along the waterfront in Brooklyn's Greenpoint neighborhood.
The 1 Java Street development which is being built by Lendlease in joint venture partnership with Aware Super, spans across roughly 2.6 acres of land. Plans call for the construction of a 36-story tower featuring 834 multifamily residential units as well as 13,000 square feet of ground-floor retail space. Additionally, a roughly 18,000-square-foot waterfront park and esplanade will be built in concert with the project, connecting the site with the India Street Pier.
As a require by the Affordable New York Housing Program, roughly 30 percent of the new apartments at 1 Java Street are to be set aside for rent at prices below market rate.
The project recently made headlines for its use of on-site geothermal and all-electric systems, which will allow the development meet or exceed Local Law 97 and Local Law 154.
When completed in 2025, 1 Java Street is expected to be the largest geothermal residential building in New York State.
- 1 Java Street (Urbanize NYC)