Lendlease has begun work on its 800 unit apartment development at 1 Javan Street on the Brooklyn waterfront.
The developer has started abatement and demolition at the 2.6-acre site in Greenpoint, acquired by Lendlease in partnership with Aware Super, one of Australia’s largest superannuation funds, in October 2020.
The partners are building a mixed-income and mixed-use community with approximately 800 rental units, 30 percent of which will be designated as affordable housing under the Affordable New York Housing Program. The property will also encompass a new public esplanade with improved connection to the India Street Pier and NYC Water Ferry as well as ground floor retail at the waterfront and West Street.
The finished project will be net zero carbon, aligning with Lendlease and Aware Super’s goal of achieving absolute zero carbon across the partnership’s U.S. multifamily portfolio by 2040.
“Moving forward with a large-scale project such as 1 Java amid the pandemic is a testament to Lendlease’s ability to identify and unlock sites through an integrated strategy, and underscores the importance of creating community-oriented spaces in gateway cities,” said Denis Hickey, CEO of Lendlease Americas.
“We’re excited to move into this next phase of the project and draw on our 40 years of experience in New York City to build the next generation of multi-family living on the emerging Greenpoint Waterfront.”
The asbestos abatement process for the site is currently underway and demolition will commence once it is complete. Demolition of the existing buildings on the parcel is anticipated to complete by October 2021. Throughout the abatement and demolition process, access to the India Street pier will be maintained at all times, Citi Bike stations will be permanently relocated to the north side of India Street, and sidewalks and existing parking spaces will be closed and temporarily removed.
“The commencement of the demolition process at 1 Java is an exciting milestone in our process of redeveloping and revitalizing a key portion of the Brooklyn waterfront,” said Isaac Henderson, development director at Lendlease. “We look forward to continuing to lean on insights from community organizations to inform and accelerate the creation of a resilient, sustainable, inclusive and bustling residential community rooted in the unique history and culture of Greenpoint.”