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May 3, 2012

Retail coming to 470 Vanderbilt: could it include a Hooters? (Denis Hamill would be fine with that)

Atlantic Yards Report

From the 5/2/12 Real Estate Weekly, GFI brings Atlantic Yards retail corner to market:

GFI Development Company is offering corner and street-front retail space at 470 Vanderbilt Avenue in Brooklyn.

The ten-story, 660,000 s/f mixed-use property is four blocks from Atlantic Center and Atlantic Terminal Mall, a major destination shopping thoroughfare for Brooklyn.

More importantly, it's two blocks--albeit across broad Atlantic Avenue from the Barclays Center surface parking lot and within walking distance of the arena.

There will be 3,000 employees at the building alone, from the Human Resources Administration, and location is near dense residential districts. It's a former tire factory turned telecom center, soon to include more housing.

What kind of retail?

So, will the retail be aimed at neighborhood residents, building employees/visitors, or arena-related traffic--or a bit of all? There will be up to 21,500 square feet of ground-floor retail, including 7,100 square feet at the corner of Atlantic and Vanderbilt Avenues.

That's big enough for a Hooters, and a real estate guy told The Local that Hooters scouts would be looking there.


Related content...

Real Estate Weekly, GFI brings Atlantic Yards retail corner to market

The building, located at the crossroads of Fort Greene, Prospect Heights and Clinton Hill, is also walking distance from the Atlantic Yards development. 470 Vanderbilt Avenue is steps from the 20,000 seat Barclays Center, home to the NBA’s Brooklyn Nets, and minutes away from the Brooklyn Academy of Music, Pratt Institute and the Brooklyn Campus of Long Island University.

The Local [Fort Greene/Clinton Hill], Owner Seeking ‘Slam Dunk’ for Dour Building Near Atlantic Yards

Mr. Havens said that Hooters real estate hunters would certainly be looking at 470 Vanderbilt as a location for their food-serving pinup calendar, which company officials say is named in homage to the owl, not the slang term for a female body part (or, more accurately, parts).

“It’s sexist and I would never go there, but anyone has a right to open any store,” Mr. Havens said. “And people like to forget, but people who go to sporting events go to Hooters.”

NY Daily News, Who gives a hoot about pretty girls as waitresses? It’s no reason to block Hooters from Brooklyn

Denis Hamill would go there, though — to research his hatred for Park Slopers.

Hooters is being unfairly targeted.

This is the new politically correct Brooklyn that is fast endorsing an oppressive Puritanism.

Hamill makes his case by claiming we haven't complained enough about some other Bruce Ratner fine-dining establishments.

Across the street from the new arena there's a Dunkin Donuts, Baskin Robbins, McDonald’s and Buffalo Wild Wings.

NoLandGrab: Exactly, Denis.

Posted by eric at May 3, 2012 11:26 AM