Big Plans for Brooklyn Navy Yard
- Jul 07, 2015
By Scott Baltic, Contributing Editor
A $380 million, 675,000-square-foot, 16-story building that will target the technology and creative sectors will be built at the Brooklyn Navy Yard, it was announced Monday by the developers, Boston Properties Inc. and Rudin Development.
The anchor tenant for the project, which is being developed in conjunction with the Brooklyn Navy Yard Development Corp., is WeWork, which has committed to taking 222,000 square feet. WeWork is a leader in the co-working space, providing shared workspace, community and services for entrepreneurs, freelancers and other small businesses, especially in the technology, art and design, e-commerce, fashion, and non-profit sectors.
To be christened Dock 72 at The Brooklyn Navy Yard, the building reportedly will be one of the largest New York City commercial buildings to be built outside of Manhattan in decades. The site is between dry docks 3 and 4, roughly in the center of the Navy Yard.
Construction is scheduled to begin later this year, with delivery expected by late 2017. The design is by S9 Architecture, an affiliate of Perkins Eastman, and amenities will include a health and wellness center, specialty food and beverage offerings, and a rooftop conference center.
When it’s fully occupied, the building reportedly will house 4,000 jobs. According to an agreement between the development team and BNYDC, all tenants will pay a living wage (as defined by the city). Efforts will also be made to hire nearby residents and to encourage MWBE hiring and contracting.
“The shared work space will nurture hundreds of small businesses and spark the next generation of large-scale employers in the Yard,” BNYDC president & CEO David Ehrenberg said in the announcement.
With Dock 72, BNYDC now has almost $750 million of construction underway or in planning.
* The 1-million-square-foot Building 77 is undergoing a $140 million renovation to accommodate a mix of job-intensive businesses that support 21st-century manufacturing.
* The Green Manufacturing Center, a 250,000-square-foot, $66 million adaptive reuse of a former machine shop building, is nearing completion.
* And most recently, the de Blasio administration announced the $140 million redevelopment, led by Steiner NYC, of Admirals Row, a district within the Navy Yard that consists of Civil War–era officers’ homes, with the new project anchored by a 74,000-square-foot Wegman’s supermarket.
The Navy Yard is owned by the City of New York and managed by the not-for-profit BNYDC. The Yard currently is home to more than 300 businesses employing 7,000 people.