1 Java Street
1 Java Street will transform a 2.6-acre full city block located on the Greenpoint-Williamsburg waterfront into the next generation of sustainable and dynamic multi-family living in New York City.
As at 30 June 2024. Estimated project value, details and completion date reported in Lendlease Full Year Results, 30 June 2024. Figures in AUD.
Project vision
1 Java Street is envisioned as a resilient, mixed-use development including over 800 residential rental units, with 30% of the apartments designated as affordable housing under the Affordable New York Housing Program, and 13,000+ square feet of neighborhood retail uses.
The property will also encompass a re-imagined waterfront esplanade with improved connection to the India Street Pier and NYC Water Ferry.
Given Lendlease and Aware Super's shared commitment toward achieving the highest sustainability outcomes, the 1 Java Street project will target a range of initiatives including LEED Gold certification, WEDG Waterfront Certification, Fitwel Certification and ENERGY STAR Certification.
Lendlease acquired $4 million in support from the New York State Energy Research and Development Authority (NYSERDA) to build a geoexchange system at 1 Java Street. Once completed, the all-electric residential property will be the largest residential project in New York State to use a geothermal heat exchange system.
Once completed, the geothermal system at 1 Java Street will reduce annual carbon emissions from heating and cooling by 53% compared with typical residential systems. As an all-electric building, 1 Java Street will also avoid carbon emissions related to the use of natural gas.