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Revised Plan for Pacific Park Would Bring 5,600 Apartments to Downtown Brooklyn

The $5-billion next phase of the decades-long Atlantic Yards/Pacific Park project in Downtown Brooklyn will move forward with a new plan that adds thousands more apartments than previously proposed. The New York Business Journal reported that developers Cirrus Real Estate Partners and LCOR plan to begin construction in 2028, with the first buildings expected to be completed in 2031.

In a presentation to Empire State Development, Cirrus and LCOR proposed building 5,600 apartments, or 2,400 more than the previous proposal stipulated, including about 1,200 income-restricted units. These would be spread across six buildings surrounding Barclays Center, including a conjoined 800-foot high-rise and 540-foot tower on the corner of Flatbush Avenue and Pacific Street, reported the Business Journal.

The new plan eliminates 336,000 square feet of office space to accommodate the additional apartments. It also incorporates 140,000 square feet of retail, 20,000 square feet of community space and 240 parking spaces.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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