After years of delays, construction of the new 7 story, 32 unit condominium building at 340 Court Street between Union and Sackett Street is progressing quickly now. Just in the last few days, the steel frame has begun to rise quickly.
The property has recently been acquired by Alchemy Properties, a development , marketing and consulting firm which took over the project when The Clarret Group pulled out.
Renderings of the new building have not yet been published or presented to the community, but Kenneth Horn, president and founder of Alchemy, told a small group of area residents at a meeting in June that the firm is moving ahead with the original Rogers Marvel design, which was widely criticized as unappealing and its façade too dark when it was presented to the community back in 2008.
original Rogers Marvel design presented to the community in 2008
Though Mr. Horn told the group that the envelope of the building will not change, he did agree that the façade needed to be improved. "The building will not be black" he stated. "It will be significantly lighter."
We shall see. Interestingly, I found this rendering of the building on Rogers Marvel's own web site. Could this be the revised, lighter façade of the building?
rendering courtesy of Rogers Marvel
One thing is for sure: the 7 story building will significantly alter the street scape of Court Street.