Latest news with #BjarkeIngels
Yahoo
01-06-2025
- Business
- Yahoo
$1B residential project kicks off in Gowanus — as ‘starchitect' reveals vision for 1,000-unit rental tower
BIG is back – and better — in Gowanus. The developers of 175 Third St. tapped Bjarke Ingels' much-in-demand architectural firm to design their planned, 1,000-unit, rental apartment tower – and it's nothing like BIG's earlier concept for previous site-owner Aby Rosen's RFR Realty. The new 175 Third St. in the burgeoning residential neighborhood from Charney Companies and Tavros will stand 27 stories encompassing over 1 million square feet – the fifth building by the partners on four different sites on the Gowanus Canal's eastern side. The images on this page reveal Ingels' new vision for the first time, which the architect described as 'stacked blocks of cascading concrete volumes, cascading down toward the canal waterfront.' 'We had our eyes on the site forever,' Charney Companies principal Sam Charney said. 'But someone else always owned it' until 'the price finally came down [to $164 million] and we knew this was the time.' The purchase closed in May. When RFR bailed, it was expected that Charney and Tavros would choose a different architect. Instead, they liked Ingels' new concept the best of the proposals they solicited from a half-dozen 'starchitects.' 'We did not like the previous iteration,' Charney told Realty Check. 'It was inefficient and hard to build. It had a red-brick design that kind of drowned out the [red brick] Powerhouse Arts structure next door.' But Ingels' new conception 'blew us away,' Charney said. Its textured 'architectural concrete' will look as if it's chiseled out of rock' — an homage to the area's industrial past. Chamfered, angled corners at various heights generate 'cool outdoor spaces.' A federal-supervised cleanup of the two-mile-long, noxious canal that began ten years ago prompted the city to rezone 82 blocks in the former low-rise manufacturing area for residential use. The rush to create nearly 9,000 new rental apartments spurred a construction boom. A portion of the once-toxic canal – long a punch line of stand-up comedians – emerged as the district's unlikely scenic centerpiece. The waterway now suggests a picturesque, slow-moving river between handsome apartment towers on both sides. The new 175 Third Street will have 1,000 rental units, of which 25% are 'affordable' as required by neighborhood Mandatory Inclusionary Zoning. It will follow Charney and Tavros' 224-unit Union Channel, which opened in February and is already 60% rented; and Douglass Port at 251 Douglass St. and Nevins Landing at 310 and 340 Nevins St., both under Charney estimated the development cost of 175 Third St., including the land purchase, at about $1 billion. With 100,000 square feet of retail space, it will be the crown jewel of what Charney and Tavros call a 'Gowanus Wharf campus' even though the buildings aren't next to each other. It will boast a 30,000 square-foot public park with 250 feet of canal boardwalk; sports facilities, a dog run, rooftop lounges, spa pools and a three-acre, landscaped courtyard, plus 35,000 square feet of lavish indoor amenities. A waterfront promenade will eventually run the canal's length, with each developer responsible for the segment in front of their buildings. The ones Charney and Tavros are installing on their Nevins and Third Street frontages will be landscaped by Field Operations of High Line Park fame. Construction of 175 Third St. will likely start when the Nevins and Douglass Street buildings are finished roughly a year from now.


Hi Dubai
12-05-2025
- Business
- Hi Dubai
A.R.M. Holding Unveils Urban Island Project to Transform Jebel Ali Racecourse Site
A.R.M. Holding has announced plans to transform the area around Dubai's Jebel Ali Racecourse into a walkable, community-focused neighbourhood, with construction slated to begin in 2026. The UAE-based investment firm has partnered with global architecture studio Pegg-Bjarke Ingels to deliver a 5 sq km development centered on green living, daily movement, and social interaction. At the heart of the masterplan is a large central park, surrounded by interconnected urban 'islands' designed to blend nature with urban infrastructure. Residents will be able to access key amenities, workplaces, and public spaces within a five-minute walk. The plan prioritises walkability, public health, and social cohesion, and is guided by 17 key performance indicators aimed at improving the environment, economy, and quality of life. Inspired by traditional architecture, the neighbourhood will also integrate equestrian themes and support small and medium-sized businesses across food, retail, and the arts. Mohammed Saeed Al Shehhi, speaking on behalf of A.R.M. Holding, said the project reflects the company's values of creativity and community-focused development, aiming to create spaces that strengthen human connections in a city home to over 200 nationalities. Bjarke Ingels described the vision as a transformation of the Jebel Ali Racecourse into a 'green oasis' of connected, livable urban islands designed to foster well-being and prosperity. News Source: Khaleej Times


UAE Moments
12-05-2025
- Business
- UAE Moments
Dubai to Turn Jebel Ali Racecourse Into 5km² Green Urban Hub
A huge urban project is in the works that's set to give Dubai a brand-new look—and it's all happening around the Jebel Ali Racecourse. UAE-based investment firm A.R.M. Holding has partnered with internationally known architecture studio BIG – Bjarke Ingels Group to design a massive 5-square-kilometre development in the area. The goal? Create a green, people-friendly community that blends sustainability with modern city living. Focus on sustainability, connection, and green spaces The upcoming project is part of Dubai's 2040 Urban Master Plan, which focuses on building livable, eco-conscious communities. The new district will feature interconnected urban 'islands', wrapped in greenery and linked by a central park that runs through the entire neighborhood. It aims to promote walkability, open space, and a stronger sense of community. Inspired by local heritage and global design At the project's announcement, BIG founder Bjarke Ingels described the design as a new direction for Dubai—one that highlights both social and environmental sustainability. A.R.M. Holding CEO Mohammad Saeed Al Shehhi added that the project reflects a balance between Emirati culture and modern innovation, aiming to create spaces where people feel a sense of belonging and identity. Construction begins 2026 Work on the project is expected to kick off in early 2026. Once complete, the development will add a major new green space to the city and become a model for future urban living in Dubai.


Dubai Eye
09-05-2025
- Business
- Dubai Eye
New urban hub to rise around historic Jebel Ali Racecourse
A new urban development is set to reshape Dubai's skyline. UAE investment firm A.R.M. Holding has teamed up with the architecture studio BIG-the Bjarke Ingels Group to design a massive 5-square-kilometre masterplan surrounding the iconic Jebel Ali Racecourse. Announced at a signing ceremony attended by A.R.M. Holding CEO Mohammad Saeed Al Shehhi and BIG founder Bjarke Ingels, the project is aligned with Dubai's 2040 Urban Master Plan. It will focus on sustainable growth, community connection and expanding green spaces. The ambitious design reimagines the racecourse area as a network of urban islands surrounded by greenery, anchored by a central park that flows throughout the neighbourhood. Bjarke Ingels described the development as a "new chapter for Dubai" where environmental and social sustainability are front and centre. Construction is expected to begin in early 2026. A.R.M. Holding says the project reflects a blend of Emirati heritage and global innovation, building communities that foster empathy, identity and belonging.


Arabian Business
08-05-2025
- Business
- Arabian Business
A.R.M. Holding, BIG announce 5 sq km Dubai masterplan at Jebel Ali
A.R.M. Holding, a UAE-based investment firm, has formed a partnership with BIG-Bjarke Ingels Group to develop a 5 sq. km. masterplan around the Jebel Ali Racecourse in Dubai. The announcement came during a signing ceremony attended by Mohammad Saeed Al Shehhi, CEO of A.R.M. Holding, and Bjarke Ingels, Founder and Creative Director of BIG. The project, scheduled to begin early 2026, aligns with the Dubai 2040 Urban Master Plan and aims to transform the historic site into an integrated community space, the Emirates News Agency (WAM) said in a statement. Historic Dubai racecourse to transform under A.R.M. Holding and BIG partnership 'This partnership with BIG embodies our core values of creativity, integrity, and agility. In a diverse community of over 200 nationalities, we believe in creating spaces that connect people on a deeper level. This masterplan will serve as a bridge fostering communication, understanding, and principles of empathy that are central to our vision of enabling prosperity,' Mohammad Saeed Al Shehhi, CEO of A.R.M. Holding said. 'Through this transformative development, we are redefining Dubai's landscape by going back to our legacy and culture. By harmonising Emirati identity with global design standards, we create spaces that are both culturally significant and future-focused. This land, rooted deeply in heritage, will evolve into thriving communities and inspire future generations,' he added. The masterplan features what developers describe as an 'archipelago of urban islands in a sea of green' and incorporates 17 measurable performance indicators to track its impact, according to Bjarke Ingels, Founder and Creative Director of BIG-Bjarke Ingels Group. 'Each island connects to its surrounding neighbourhood, increasing in density as it converges around a lush central park – a social oasis at the heart of the city. But the park doesn't stop at the centre – it bleeds between the islands, weaving nature through the urban fabric and extending its reach to the wider community. This is not just a new neighbourhood; it's a new chapter for Dubai – where environmental responsibility and social sustainability become the foundation, not the footnote, of urban development,' he said. The development will focus on residential innovation and community design, with construction expected to begin in early 2026.