The long-running Atlantic Yards/Pacific Park development in Downtown Brooklyn is set to advance with a significantly revised plan that would substantially increase its residential component. The next phase of the project is described as a $54-billion effort and will introduce thousands more apartments than earlier proposals contemplated, according to reporting cited from the New York Business Journal.
Developers Cirrus Real Estate Partners and LCOR outlined the updated vision in a presentation to Empire State Development. Under the new plan, the team is seeking to build 5,600 apartments around Barclays Center, representing an increase of about 2,400 units over the prior concept. The schedule presented calls for construction to begin in 2028, with the first buildings targeted for completion in 2031.
The revised program also includes a substantial affordable housing component. Of the 5,600 planned apartments, approximately 1,200 units are expected to be income-restricted. The residential buildings would be arranged across six structures encircling Barclays Center, reshaping the residential density in the immediate area.
The massing plan features a notable cluster at the corner of Flatbush Avenue and Pacific Street, where Cirrus and LCOR are proposing a conjoined high-rise complex. That element would consist of an 800-foot tower connected to a 540-foot tower, contributing a prominent addition to the local skyline and concentrating a significant share of the new residential inventory at a key intersection.
To make room for the expanded housing program, the developers are proposing to remove a large portion of previously envisioned office use from the project. The presentation indicates that 336,000 square feet of office space would be eliminated under the new scheme, reallocating that planned area toward residential development instead.
While the office component is being reduced, the plan continues to incorporate a meaningful mix of nonresidential uses. The updated program calls for 140,000 square feet of retail space, which is expected to activate the street level around the site, as well as 20,000 square feet of community space. In addition, the proposal includes 240 parking spaces to serve residents and visitors within the master-planned environment.
With the new timeline, program mix and density now outlined, the Atlantic Yards/Pacific Park project is positioned for another major phase of activity in Downtown Brooklyn, subject to the state development authority’s review and subsequent steps in the approval and implementation process.
