Brooklyn-based real estate development firm, Totem, has reached a significant milestone in its redevelopment of the 94,000-square-foot area at Broadway Junction. The project, now known as Herkimer-Williams, aims to transform the space into a thriving mixed-use hub. A public hearing held by the New York City Department of City Planning marks the beginning of an extensive environmental review process that will assess the project’s impact over several months.
The ambitious plan includes 600 units of affordable housing and 120,000 square feet for community facilities. Additionally, there will be 24,000 square feet dedicated to public events and one million square feet for commercial and retail spaces that are expected to create numerous job opportunities.
According to Tucker Reed – co-founder and principal at Totem – this project is a result of years’ worth of community input on addressing key issues such as lack affordable housing options and limited economic opportunities in East New York. The development also takes advantage of its prime location near Broadway Junction transit hub while building upon previous investments made in this area by city officials.
This latest update from Totem showcases their commitment towards creating sustainable developments that cater to local needs while promoting growth within communities like East New York.
