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Essex Crossing’s first phase nears completion as its last building tops out

As the Essex Crossing megaproject gears up to launch its second phase—comprising three residential and office buildings, along with retail projects like the Market Line—bits and pieces of its first phase are gunning for the finish line.

Case in point: the building formerly known as site two, aka 115 Delancey Street, has now topped out. Developer Delancey Street Associates (a collaboration between L & M Development Partners, BFC Partners, and Taconic) announced that the 26-story building, designed by Handel Architects, has reached its pinnacle, putting it on target for a 2018 opening.

The building itself will be home to 195 rentals, 98 of which will be affordable apartments—part of the megaproject’s commitment to bringing more than 500 affordable units to the area. Its other public-facing features will include a piece of the Market Line, the enormous bazaar that will stretch through three buildings, and a new 14-screen movie theater.

It’s been a busy few weeks for Essex Crossing: The development team unveiled two more of its buildings a couple of weeks ago, and on Monday, it was confirmed that the International Center of Photography will move to the SHoP-designed 242 Broome Street in 2019.

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