It’s been years since the latest owner of Atlantic Station, Hines, unveiled plans for a collection of new office buildings, and the time is now right for development to begin, Hines officials have indicated.
But the two new office buildings are far from the only major projects planned at Atlantic Station in coming years. Changes could impact the function, look, and overall feel of the district, which is nearing its 15th birthday and isn’t close to being finished.
Plans revealed last week by Hines highlight great potential in the neighborhood between booming Midtown and West Midtown, which is slated to see a range of new projects launch in 2018.
In addition to the timber-framed, loft-style T3 office building on 17th Street and the proposed Atlantic Yards office development alongside the Connector, a new apartment development at the northern end of the district and a new hotel are planned. This summer, construction should begin on a 360-unit residential development by AMLI. Slated to open in 2020, the apartment project is anticipated to fetch some of the highest rental prices in the city, per Hines. The 10-story development would rise at the corner of 19th and Market Streets, along the exit ramp from the Connector, featuring 25,000 square feet of ground-floor retail.
Also slated to open in 2020 is a new Embassy Suites Hotel, planned at the corner of 17th and State streets. The hotel would rise adjacent to The Atlantic condos, across the street from the existing Twelve Hotel. In addition to 120 hotel rooms, the development would feature a “high-end steakhouse” facing 17th Street, per plans.
Beyond new buildings, public greenspaces and existing street retail throughout the neighborhood are destined for major changes.
Renovations will create more open space (say so long to the former Strip steakhouse and possibly the former Rosa Mexicano buildings) and better unite revamped retail spaces with the street as new retailers move in. Expect a spruced-up H&M and new dining options, too.
Eventually, plans call for every block of the master-planned project to be developed, but don’t expect final build-out for several more years.