Entry in progress—B.P.
Crain’s New York Business
March 6, 2015
Hotel proposed for $1B hipster industrial complex
A partnership among Jamestown, Belvedere Capital and Angelo Gordon will also announce Monday that it plans an extensive overhaul of the huge mixed-use Industry City complex.
By Daniel Geiger
A partnership that bought a stake in the mixed-use industrial complex known as Industry City almost two years ago is expected to ask the city to give it the flexibility to build a hotel on the 32-acre site along the Sunset Park, Brooklyn, waterfront.
The request will be made Monday, when the group, a partnership among Jamestown, Belvedere Capital and Angelo Gordon, will announce that it plans to invest $1 billion to refurbish the sprawling facility. The redevelopment will create nearly 20,000 jobs in the area. The partnership will also ask the city to improve the surrounding neighborhood, including the Gowanus Expressway, which runs parallel to Industry City.
Military industrial complex. Healthcare industrial complex. Now, in Sunset Park, it’s the hipster industrial complex http://www.crainsnewyork.com/article/20150306/REAL_ESTATE/150309889/hotel-proposed-for-1b-hipster-industrial-complex#utm_source=Daily%20Alert&utm_medium=alert-html&utm_campaign=Newsletters …
3:22 PM - 6 Mar 2015
Curbed - New York
Monday, March 9, 2015, by Jessica Dailey
THE HIPSTER-INDUSTRIAL COMPLEX As planned, Jamestown Properties unveiled its plan to makeover Industry City with $1 billion of investments. The developer needs Mayor Bill de Blasio to create a “special innovation zoning district,” as the current zoning does not allow for retail or academic uses, both of which Jamestown has planned. Industry City’s CEO said, “It will take 30 years to get to all the buildings. So with a rezoning, and with the parking and with the public infrastructure, we can drive this investment over the next 12 years.” [Crain’s; previously]
Carin’s New York Business
March 18, 2015
Two pols may block $1B hipster industrial complex
Senior House Democrats Jerrold Nadler and Nydia Velazquez don’t necessarily share Industry City’s vision for the Sunset Park industrial campus.
By Erik Engquist
Mayor Bill de Blasio met behind closed doors Monday with Reps. Jerrold Nadler and Nydia Velazquez. According to Ms. Velazquez, “port activity in Brooklyn” was discussed, which presumably means development proposals for the South Brooklyn Marine Terminal and the adjacent Industry City. Conflicting visions of the Sunset Park sites appear to be inevitable.
Mr. Nadler represents the piers and a portion of Industry City, which is a private industrial campus whose owners have proposed $1 billion in investment if the city rezones it to their liking. The rest of the area is in Ms. Velazquez’s district.
New York City • Buildings/Housing/Parks • Saturday, August 29, 2015 • Permalink