Toll Brothers City Living and Starwood Capital Group launched their website pierhouseny.com. The residential and hotel complex (called 1 Hotel) is located on Furman Street at Pier 1 of Brooklyn Bridge Park. The development complex is expected to break ground this fall and be completed by summer 2015. Pierhouse anticipates sales to begin in the fall 2013.

Request for proposals by the Brooklyn Brige Park were sent in August 2011 and of the 7 teams who submitted, Rogers Marvel was selected as the winning design in June 2012. One of the fundamental principles of the park has always been that the maintenance and operation of the park would be funded from revenues generated from the site. The initial proposed project was to include 200 hotel rooms, 159 residential units, a 300-car underground parking garage, banquet hall space, a spa and fitness center, several restaurants and retail along Furman St. NY Post reported that the design was modified to avoid future flood damage that affected the park during Hurricane Sandy in October 2012. The condos will have 123 townhouse style units between 1-5 bedrooms. The apartments are stacked vertically and feature private terraces.

(Photos courtesy of Rogers Marvel)

Related:
{Brooklyn Bridge Park’s Newest Batch of Condos Revealed, 04June2013, Curbed}
{Teaser Site up for Brooklyn Bridge Park Condos, 05Jun2013, Brownstoner}
{Brooklyn Bridge Park Approves Pier 1 Hotel and Residential Development, 21June2012}
{Jehovah’s Witness Buildings Could Offset Brooklyn Bridge Park Costs, 08Oct2010}