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Small Developer Beats Walentas & Dermot for BAM Tower

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Looks like that BAM Cultural District thing is starting to happen. A developer who was the favorite of community groups beat out heavyweights rumored to include David Walentas of Two Trees Management and the Dermot Company, which is redeveloping the Williamsburg Savings Bank as One Hanson, to build a 25-story tower that will be a "focal point" of the long-planned BAM Cultural District. A developer named Carlton Brown, who had once been eliminated from the competition is teaming up with studioMDA to build the structure. The building, which will be called Borough Gardens, is at the corner of Ashland Place and Fulton Street and will house a Manhattan-based dance company called Dancespace Project and contain 50 percent affordable housing. The total is 187 apartments, 40,000 square feet of performance space and 4,000 square feet of retail. The building is supposed to be done by 2010.
· Local planner gets the big job: Carlton Brown to plan centerpiece of BAM district [Brooklyn Paper]
· Developer and Plan Picked for BAM's Mixed-Use Tower [Brownstoner]
· BAM Cultural District Set to Go? [Curbed]