The Brooklyn Navy Yard (BNY) has released its long-term plan for the development of the district, with the ambition of creating 10,000 new jobs in the coming years. This would bring total employment to 30,000 jobs for the area. Most exciting is news that another $2.5 billion will be invested into expanding the yard by five million square feet, for manufacturing space as well as complementary businesses from the creative, tech, and innovation sectors.
Brooklyn Navy Yard Development Corporation
Permits have been filed for a nine-story mixed-use building at 399 Sands Street as part of the Brooklyn Navy Yard redevelopment. Nestled between the Manhattan Bridge and the Williamsburg Bridge, the area is being reinvented under the helm of Steiner NYC, into a multi-use commercial hub accessible to the public.
It was revealed in May of 2015 that New Jersey-based Steiner Equities Group, selected by the Brooklyn Navy Yard Development Corporation, would be redeveloping the corner of Flushing Avenue and Navy Street into a multi-building commercial complex. Now, the developer has filed applications for three of the four planned buildings. At the corner of Flushing and Navy, filed under 1 Flushing Avenue, a new single-story, 12,600-square-foot retail building is planned. Directly to the east, at 3 Flushing Avenue, a two-story, 36,645-square-foot retail building is in the works. To the north of 1 Flushing Avenue along Navy Street, at 25 Navy Street, another two-story retail building measuring 41,200 square feet is planned. A fourth building, this one five stories in height, is planned at 21 Flushing Avenue. That structure, to total 248,489 square feet, will include a 74,000-square-foot Wegmans market and 126,000 square feet of industrial space. S9 Architecture is the design architect. Steiner is ground-leasing the property in a 96-year lease, which is currently scattered with the crumbling remains of Admiral’s Row. Two of the dilapidated buildings along the corridor are being restored, but the rest are to be demolished. Completion is expected in 2017.