Projects in Development
160-05 Archer Avenue
160-05 Archer Avenue is a 240,000 square foot development site in downtown Jamaica, Queens. Shorewood will develop over 300 rental apartments and ground floor retail. The deal represents Shorewood’s first Opportunity Zone Fund transaction with construction beginning mid-2019.
The old Ballantine Brewery site in Newark, NJ will be a phased multifamily development. Phase one will begin construction in 2021 and bring 280 new units to the Ironbound district. The development will offer studio, 1, 2, and 3 bedroom apartments as well as an on site affordability component.
1100 Myrtle Avenue
1100 Myrtle Avenue, in the Bedford-Stuyvesant neighborhood of Brooklyn, will be the site of an 11-story mixed use development. The property will include a 195,821 squarefoot building housing a grocery store and more than 230 apartments.