The development site, which is between India and Huron streets, includes a Department of Environmental Protection easement that forbids construction due to a sewer line running through the property.
Because of the easement, developer Ismael Leyva is seeking approval for a new plan on the site that would see the height of the development’s highest tower grow from 300 feet to 400 feet. The increase in height would come with a decrease in two smaller towers.
In addition to the residential towers, which will include 144 units of affordable housing at 60 percent of the area median income, the development will create a large, public park, which will include a waterfront esplanade and a new retail corridor on the first floor.
The modified plan was approved by Community Board 1 at this month’s meeting, and the plan was taken to Borough Hall last for a second hearing last Thursday. Both the community board and those that testified at the borough president’s hearing were overwhelmingly in favor of the project, despite its height.
The project will cost approximately $300 million and is expected to be complete by 2010.