/Jackson Group planning pair of retail projects in South Brooklyn

Jackson Group planning pair of retail projects in South Brooklyn

Firm has purchased sites at 2251 Nostrand Avenue and 2927 Avenue U

2927 Avenue U in Sheepshead Bay (left) and 2251 Nostrand Avenue in Midwood (right)  with Jackson Group's Elliott Chehebar

2927 Avenue U in Sheepshead Bay (left) and 2251 Nostrand Avenue in Midwood (right)  with Jackson Group’s Elliott Chehebar

South Brooklyn is going to get a pair of new retail buildings.

Elliott and Ike Chehebar’s Jackson Group has purchased a pair of sites at 2251 Nostrand Avenue in Midwood and 2927 Avenue U in Sheepshead Bay, and they are planning to build retail projects on both sites, according to the firm.

They bought the Nostrand Avenue site by Brooklyn College and Target for $19 million from Alex Adjmi’s A&H Acquisitions and bought the Avenue U site from Harvey Heino’s Heino Realty for about $8.4 million, according to property records.

The Jackson Group plans to build a 50,000-square-foot retail development on Nostrand Avenue and a 40,000-square-foot retail development on Avenue U, which they purchased together with A&H Acquisitions.

“The demand for South Brooklyn has been very strong,” Elliott Chehebar said, “and we anticipate a very swift lease up and value add to both of these special block front sites.”

Construction should start on the developments in a few months, Chehebar said.

Adjmi declined to comment on the projects.

His A&H Acquisitions and its partners Meral Property Group and Joyland Group previously filed plans for a mixed-use project at the Nostrand Avenue site with 38 residential units across 62,000 square feet. However, Jackson Group’s plan has since supplanted that.