Sunday, January 13, 2013

100 Parkside Ave: From Caledonia to Condominium


St. Paul's Pl X Woodriuff Ave
100 Parkside Ave 


100 Parkside Ave

100 Parkside Ave

100 Parkside Ave

























From 1987-2003, 10 Saint Paul's Place was the site of the Caledonian Hospital Complex, a 209-bed hospital affectionately known as "caly" to local residents and patients. In 2007, it was purchased by Joseph Chetrit of The Chetrit Group for conversion to 100 Parkside Avenue, a 270-bedroom condominium and rental development.

According to plans submitted to the city's Department of Design and Construction, the building is currently undergoing the following changes:
  1. Two story addition and conversion into 122 residential units
  2. Full demolition of a portion of the hospital building (on-going)
The adaptive reuse of the Caledonian Hospital Complex and its conversion into 100 Parkside Avenue will bring much-anticipated transformation to the northern approach of Flatbush. It will help to alleviate the demand for residential units in Flatbush resulting from a 3% growth in population since 2000. Its proximity to the nearly-completed Prospect Park Lakeside Center will certainly transform the Parkside Avenue corridor.

Also highly probable is the enhancement of the Parkside Avenue streetscape since the condominium will directly face Prospect Park. The installation of formal access points in the park to accommodate the neighborhood's newest residents can also be expected.

The completion of the condominium will undoubtedly lead to an increase in rental prices, bringing about further changes to an already changing community.

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