Brace yourselves, the behemoth is coming: the Lower East Side monster development known as Essex Crossing is (sort of close) to completing the first of nine units that will comprise the 1.9 million-square foot project. The developers, Delancey Street Associates, announced the “topping out” of 175 Delancey Street today, which is a fancy developer term for finishing the last part of a building’s basic structure.
However, that doesn’t mean it’s done yet. In fact, the ominously entitled “Site 6,” which is set to be a 14-story building with 100 units of affordable senior housing, won’t be completed until December 2017, a statement from Delancey Street Associates revealed.
In addition to the senior housing units, which are supposedly reserved for households earning between $24,200 and $54,400 per individual, Site 6 – seriously, the name sounds like something out of Hunger Games – will also include “five floors of commercial space including a 55,000-square-foot medical facility leased by NYU Langone, a job training center and senior community center run by Grand Street Settlement (GSS), an educational facility, and ground floor retail,” the developer’s statement said.
Project manager Isaac Henderson said that “175 Delancey is designed specifically to meet urgent neighborhood needs – low-income seniors in particular – and that’s why we moved forward with it first.” He calls the development an “essential community component of Essex Crossing” and points to Grand Street Settlement’s involvement in the project, which in addition to the job training and senior community center will be running a ground floor café (probably a Think Coffee partnership).
“Through its new senior center, GSS will expand its local programming, events and services for both senior residents as well as the broader LES senior community,” the developer’s statement said.
The site, which is designed by Dattner Architects and is located on the southeast corner of Clinton and Delancey street, marks the beginning of the Phase 1 construction process.
The 15-story Site 5 (145 Clinton Street), which will include 211 rental apartments, 104 of which are deemed affordable, is also currently under construction, as is the 14-story Site 1 (242 Broome Street), which will include 55 condominiums, 11 of which will be affordable; and the 26-story Site 2 (115 Delancey Street), which will include 195 rental apartments, 98 of which will be affordable. These three sites are scheduled to be completed by the summer of 2018.