July 5, 2017
Developer Two Trees Management spent $6 million to build the public plaza that opened June 28 at 300 Ashland in Brooklyn.
“Two Trees has been working in partnership with the City, cultural groups and the Downtown Brooklyn Partnership for a decade,” said Jed Walentas, principal for Two Trees Management Co. “All of the partners are committed to ensuring it is a vibrant new open space with programming and performances, becoming a true destination at the heart of the Brooklyn Cultural District.”
The plaza fills 15,000 square feet at the foot of 300 Ashland, a new, 32-story building with 379 residences, 20% of which are affordable to low-income New Yorkers. The first-floor space will include a 365 by Whole Foods grocery, scheduled to open by the end of 2017.
Two Trees also built a 50,000-square-foot “cultural hub” at 300 Ashland that will be home to expansion of BAM Cinemas, a branch of the Brooklyn Public Library, the Museum of Contemporary African Diasporan Arts (MoCADA) and 651 ARTs. Two Trees will soon transfer ownership of the hub and the plaza to the City of New York.
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