AAREG/SPG/AEW – Park Slope Mixed-Use Development – New York - Project Profile
"AAREG/SPG/AEW – Park Slope Mixed-Use Development – New York - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Adam America Real Estate Group (AAREG), Slate Property Group (SPG) and AEW Capital Management (AEW) are undertaking the mixed-use complex project in New York, the US.
The project involves the construction of a 10,869m2, nine-story mixed-use building.
It includes the construction of 141 residential units, 1,161m2 retail space, commercial facilities, parking and other related facilities.
In February 2014, AAREG, SPG and AEW acquired a nine-building Park Slope site for US$20 million.
Aufgang Architects LLC has been appointed as the architect for the project.
The project received US$42 million funding from Santander Bank.
Construction works on the project commenced in the fourth quarter of 2015.
In April 2016, the construction works were temporarily halted as the top roof collapsed due to high winds.
Construction works are underway with completion anticipated by the fourth quarter of 2017.
The project involves the construction of an 10,869m2, nine-story mixed-use building in New York, the US.
The US$100 million project includes the following:
1. Construction of 141 residential units
2. Construction of 1,161m2 retail space
3. Construction of commercial facilities
4. Construction of parking facilities
5. Construction of other related facilitiesReasons To Buy