Lendlease, a leading global real estate group, and Aware Super, one of Australia’s largest superannuation funds, have announced the topping-out of 1 Java Street, located along Brooklyn’s Greenpoint waterfront. The development includes two towers of 37 and 20 stories, housing 834 rental units—30% of which are designated as affordable under the Affordable New York Housing Program—and 13,000 square feet of retail space. The site will also feature a climate-resilient shoreline.
Slated for completion in 2026, 1 Java Street will be the largest residential geothermal building in New York State, as recognized by NYSERDA, and one of the largest in the U.S. Its vertical closed-loop geoexchange system will reduce carbon emissions from heating and cooling by 53% compared to traditional systems, and as an all-electric building, it will eliminate natural gas emissions entirely.
“We are proud to reach this milestone for a project that sets a new standard in sustainable urban development,” said Meg Spriggs, Managing Director of Development for Lendlease. “1 Java Street reflects our long-term strategy to enhance community vibrancy while delivering investor value.”
Designed by Marvel, the interconnected complex spans a full city block, with towers facing the East River and a mid-rise podium with frontages on India Street, Java Street, and West Street.
Monique Henley, Executive General Manager for Lendlease, added, “1 Java Street represents next-generation multifamily living, with a fully electric, geothermal-powered, mixed-income development that embodies our vision for sustainable urban growth.”
The project will also introduce a new public waterfront esplanade, providing direct access to the India Street Pier, enhanced as part of the development, and featuring a living shoreline designed to mitigate flooding from climate change.
This marks the sixth project in the Lendlease-Aware Super joint venture’s multifamily portfolio, which achieved net zero carbon in 2021 and has been recognized for superior ESG performance by GRESB.
