Under Construction

One Montague Place

205 Montague Street is a 47-story residential skyscraper planned for the northwest corner of Montague Street and Cadman Plaza West in Brooklyn Heights, where demolition of the former six-story commercial building was completed in June 2026.

TMW IntelligenceVerified Oct 2, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
07.02.26
Start
2029
Completion
136
Units
47
Floors

Financed with $213M in 12.11.25.

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Details

205 Montague Street, Brooklyn. 47 floors and 136 residences. Broke ground July 2026, completing 2029. Financed with $213M in December 2025.

The story so far
Announced Mar 21, 2024Recorded as construction but as of April 2026 demolition had not begun and no vertical/foundation work started; walk back to announced. Landau filed 47-story tower plans March 2024.
therealdeal.com
Financing secured Dec 2025$213M package closed: a $113M senior loan from Northwind Group plus $100M equity including roughly $25M preferred from Atlas Capital
multihousingnews.com
Offering plan filed Feb 2, 2026the One Montague Place condominium offering plan went to the New York State Attorney General and awaits acceptance, with a sales launch anticipated in Q2 2027
cityrealty.com
Broke ground Jul 2, 2026Landau Properties broke ground on the 47-story, 672-ft One Montague Place (46 condos + 90 rentals), per 6sqft
oftmw.com
Under construction Jul 2, 2026Demolition completed June 2026 and construction began 2026-07-02 on the Hill West-designed tower; AECOM Tishman is GC
oftmw.com
Expected opening 2029
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
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About the project

205 Montague Street is a 47-story residential skyscraper planned for the northwest corner of Montague Street and Cadman Plaza West in Brooklyn Heights, where demolition of the former six-story commercial building was completed in June 2026. Designed by Hill West Architects and developed by Jonathan Landau of Landau Properties, the roughly 672-foot tower will yield 136 homes — 90 rental apartments and 46 condominiums averaging about 2,100 square feet — atop a multistory podium covering the full 19,000-square-foot lot. The design rises with a rectangular massing marked by a cutout roughly a quarter of the way up, with slender northern and southern elevations carrying a series of curving balconies that grow larger toward the top, culminating in a multifaceted bulkhead. The roughly $500 million project will also include nearly 40,000 square feet of retail and a parking garage for more than 100 vehicles. The site previously housed a ten-story Italianate building that held the offices of the Brooklyn Dodgers.

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Common questions

Frequently asked

Where is One Montague Place located?

One Montague Place is located in Brooklyn.

When will One Montague Place be completed?

One Montague Place is under construction, with completion expected in 2029.

Who is developing One Montague Place?

Landau Properties & More is the developer behind One Montague Place.

Who designed One Montague Place?

One Montague Place was designed by Hill West Architects.

How big is One Montague Place?

One Montague Place rises 47 stories with 136 residences.