The first renderings for the mixed-use rental development planned for 525-545 Broadway in Brooklyn’s East Williamsburg neighborhood were released this week, showing a creative reimagining of the 20th century Lincoln Savings Bank. As CityRealty learned, the project’s developers Blesso Properties and Bravo Builders, plan on building a 27-story, 298-foot tall building with offices and retail on the lower floors and 218 rental properties above it. The plan also calls for 37,000 square-feet of landscaped space, a food hall, nightlife venue and a wellness center.
Current Google Street View of 525-545 Broadway
Blesso Properties first purchased the triangle-shaped property, bounded by Broadway, Boerum and Lorimer Streets, in August 2016. While Blesso’s original plans from 2015 called for a 10-story, 36-unit building, the revised project will be more ambitious. Upon completion, the 27-story tower will be the tallest in both East Williamsburg and Bushwick.
Designed by Garrison Architects, the building will feature a facade of orange-colored panels. Renderings show a modern tower with punch-out windows and the historic, red-bricked Lincoln Savings Bank at the front on Broadway. It appears the development team will keep the bank and build an addition on top, converting the banking hall into a food hall.
Starting on the seventh floor, the apartments will be complemented with roughly 80 square-feet of open, communal space. According to Blesso, the heart of the complex is the Great Room, which opens to an exterior terrace with sweeping views of the Manhattan skyline.
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Neighborhoods : East Williamsburg