Two Trees Management has begun
public review on a mixed-use tower
in the cultural district.

NEW YORK CITY-The Bloomberg administration on Wednesday announced a trio of development plans for the Downtown Brooklyn Cultural District. Topping the list is a 600-unit apartment building that the Gotham Organization and DT Salazar Inc. intend to build on a site bounded by Fulton Street, Rockwell Place and Ashland Place. Half of the tower’s residential units will be affordable housing, the administration says in a release.

Additionally, a plan by Two Trees Management Co. for a mixed-use project, including as many as 400 apartments, has begun its traversal of the Uniform Land Use Review Procedure. Further, the city’s Department of Housing Preservation and Development released an RFP for the last development parcel in the cultural district, which now is home to more than 40 nonprofit visual, performing and media arts organizations.

When Gotham and DT Salazar complete their 515,000-square-foot apartment tower, they’ll include 20,000 square feet of cultural and related office space and 20,000 square feet of retail space. HPD and the NYC Housing Development Corp. expect to close on financing with the development team in late 2013 and to see construction begin soon afterward.

The ULURP clock began ticking Monday on the Two Trees plan to develop a 47,000-square-foot parcel bounded by Flatbush and Lafayette avenues and Ashland Place. Two Trees bought the parcel in 2009, and plans to put up a 32-story tower that will include 50,000 square feet of creative and cultural space to be shared among Brooklyn Academy of Music, 651 ARTS and the Brooklyn Public Library. The tower will include about 23,000 square feet of ground-level retail and between 300 and 400 residential units, 20% of which will be affordable.

The city’s RFP for Cultural District Site II, the last development parcel in the district, calls for approximately 100,000 square feet of floor area. It may include residential, community and/or commercial space, and must have a minimum of 15,000 square feet dedicated to cultural space and the arts. The deadline for submitting proposals is Feb. 1, 2013; more information and a download of the RFP may be found by clicking here.