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Read the press release here.

Luxury Hotel and Residential Complex Planned for Brooklyn Bridge Park

By Janet Upadhye | June 19, 2012 4:00pm
Rendering of the proposed hotel in Brooklyn Bridge Park.
Rendering of the proposed hotel in Brooklyn Bridge Park.
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NYC Mayor's Office

BROOKLYN HEIGHTS — Brooklyn Bridge Park is getting a new hotel to go with its new look.

A luxury hotel and condo complex developed by Toll Brothers City Living and Starwood Capital Group will rise along the waterfront at Pier 1 to pay for the upkeep of the brand-new waterfront park, Mayor Michael Bloomberg announced Tuesday.

The 10-story hotel and residential complex and five-story residential building will provide $3.3 million a year to maintain Brooklyn Bridge Park, city officials said. 

"Brooklyn Bridge Park has quickly become one of the most loved public spaces along our city’s waterfront," Bloomberg said in a press release. "This project will ensure that the thousands of New Yorkers and tourists who visit Brooklyn Bridge Park will be able to enjoy a beautifully maintained space. The major private investment is a vote of confidence in Brooklyn and its future as a great place to live, work and visit."

The 200-room luxury hotel, called 1 Hotel, will include restaurant, retail, banquet and meeting space, along with a 6,000-square-foot spa and fitness center, city officials said. The complex will also feature 159 condo units, with views overlooking the park, the East River and the Lower Manhattan skyline.

The developers plan to break ground next summer and open the complex in the fall of 2015, officials said.

This is the latest step in the park’s makeover. In April The New York Times reported philanthropist Joshua P. Rechnitz donated $40 million to build a new velodrome and sports facility near Pier 5 in Brooklyn Bridge Park. Now, visiting bicycle enthusiasts will have a place to stay after they watch the races.

The Parks and Recreation Committee of Brooklyn's Community Board 2 recently announced several meetings where community members could give input into the changing face of Brooklyn Bridge Park.

The next meeting is scheduled for Wednesday, June 20 at the Red Hook 
South Brooklyn Community High School
 from 6:30 to 8:15 p.m. More details are available on the Brooklyn Greenway Initiative website.