Brooklyn Co-living Development
Scope
This Brooklyn project is a re-development of an existing three-story building with a commercial ground floor in Greenpoint, Brooklyn. Working with a developer, the scope included a gut renovation and addition to transform the structure into an attractive co-living space. EDG provided zoning, financial models, help in fundraising through private equity, development analysis, planning, and full architectural and structural design for the 9,000 sq. ft. mixed-use building.
Approach
The objective was two-fold: create a “singular address” as a Brooklyn focal point and design a kit of parts adaptable for future developments. Given the building’s prominent corner location adjacent to McCarren Park, Bond and EDG aimed to refresh the outdated townhouse and maximize the buildable area. The team gutted existing spaces and added a fourth story, doubling the residential area. Leveraging in-house zoning and code expertise, EDG and Bond produced highly efficient floorplans, with a rentable area only 8% below gross area. The communal living units and amenities are economical and modular to support Bond’s long-term strategy.
Impact
The four-story revitalization features a diversity of social spaces, including a retail base with outdoor seating, interior courtyard, rooftop, and basement recreation area. The design opens the building to the neighborhood, playing to local elements while introducing a signature aesthetic. Paying homage to its eclectic and heterogenous orbit of an industrial warehouse legacy, Victorian fronts, and new residential projects, the building plays up this spirit with a dynamic façade with changes character from day to nighttime. Individual living spaces are elegant, comfortable retreats from the city. Carefully considering the desires of the target demographic, the color palette and material finishes evoke a cool sensibility balancing energy with calm. The innovative mixed-use development creates a community of shared value and sets a new standard for co-living.