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 Jun 2023. Estimated project value, details and completion date reported in Lendlease Full Year Results, 30 June 2023. Figures in AUD.
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.