The Hendrik Rises At 509 Pacific Street In Boerum Hill
The blocks near the Barclays Center are filled with new construction, from townhouses to skyscrapers. Today, construction chronicler Tectonic brings YIMBY an update on The Hendrik, a modestly sized, brick-clad condo project that’s taking shape at the corner of Third Avenue and Pacific Street in Boerum Hill.
The six-story building at 509 Pacific Street will hold 33 apartments and 55,449 square feet of residential space, plus 26,000 square feet of retail on the ground floor and in the cellar. Beyer Blinder Belle designed the development, which was apparently inspired by nearby townhouses. The developer, Jeffrey Gershon of Hopestreet, traveled to Denmark with Beyer Blinder Belle partner Carlos Cardoso to pick out a handmade gray brick for the facade, according to the Times.
“It’s not going to feel like a new building,” Cardoso told the paper in June. “It’s going to feel like it’s been there forever, and age really gracefully.”
Construction is coming along quickly at the site, which fills half a block and fronts Atlantic Avenue, Pacific Street, and Third Avenue. Four stories of concrete have risen so far, and Hopestreet hopes residents will be able to move in by the end of 2017.
Sales launched in May for the pricey development. Two-bedrooms will range from 1,200 to 1,600 square feet and start at $1.625 million, and three-bedrooms will start at $2.5 million and come in between 1,600 and 2,000 feet. Four-bedrooms, which will measure between 1,850 and 2,500 square feet, will have asking prices from $2.9 million.
A Walgreens occupied the 18,000-square-foot site until it was demolished late last year. Back in December 2014, Gershon and his development partner, AEW Capital Management, spent $29 million purchasing the property and buying Walgreens out of its lease, which had 39 years remaining.