The tower seen here is what is planned for the building site at 138 Willoughby Street, at the corner of Flatbush Avenue, in Downtown Brooklyn. It comes courtesy of developer Extell Development, which made a recent presentation to potential investors — where it was spotted by the folks over at New York YIMBY.
We spotted the image in a presentation for potential foreign investors, and it comes with a slew of interesting details on the development. Extell hopes to build 450 condos on top of a four-story, 68,000-square-foot retail base. The residential portion would fill 466,000 square feet.
The skyscraper is expected to rise 692 feet at the corner of Flatbush Avenue and Willoughby Street, according to plans filed in December.
The firm led by Gary Barnett expects to net $838 million from the condo sales and roughly $33 million from the ground floor retail. Overall, the project is expected to cost a whopping $574 million.
Kohn Pedersen Fox will design the bright white building, which will have built-in automatic window cleaners – just like Extell’s supertall One57 condo tower next to Central Park.
This 59-story building joins other super-tall developments either under construction or planned for the greater downtown Brooklyn area, which includes its borders with Fort Greene (at 340 Flatbush Avenue Extension, for 73 stories) and Park Slope (590 Atlantic Avenue).
What do you think of this latest development visual?