GREENWOOD HEIGHTS — An 11-story mixed use building will rise on the South Slope block where the bar Supercollider closed this past spring, according to Department of Building filings.
Developer CGI Strategies in Real Estate filed plans for the 609 Fourth Ave. building which will have 73 residential units and 4,960 square feet of retail space, according to The Real Deal, which first reported the development.
The project will cost $45 million, according to the developer's website, which refers to the property as 613 Fourth Ave.
“CGI Strategies is looking forward to the South Slope transformation,” said CGI spokeswoman Brooke Atkins in an email. “We hope all of our developments will provide further vitality to the communities at large.”
The plans on file with the city don't indicate whether the residential units will be rentals or condos. The building will have parking for 22 cars and 37 bikes, according to DOB filings.
The developer, under the name South Slope Bliss LLC, filed plans in April to demolish 609 Fourth Ave. between 17th and 18th streets. The LLC also owns 611, 613 and 615 Fourth Ave.
The development is the latest new residential project planned for Fourth Avenue, which was rezoned in 2003 and 2005 to allow for taller buildings. Nearly 1,000 new housing units are either planned or under construction on the avenue.
MAP: New Residential Developments Planned for Fourth Avenue