NYC Invests $3.5 Million in Fashion Innovation Hub in Sunset Park
- Dec 15, 2014
By Veronica Grecu, Associate Editor
A City-financed innovation hub is about to revive the once thriving garment manufacturing industry in New York City.
Set to open at the Liberty View Industrial Plaza in Brooklyn’s Sunset Park section, the Manufacturing Innovation Hub for Apparel, Textiles & Wearable Tech is financed by a $3.5 million grant that was recently announced by the New York City Economic Development Corp. (NYCEDC). Another $4.5 million is available through NYCEDC’s Industrial Modernization Initiative, the city’s effort to foster the industrial sector by modernizing and subdividing industrial space across the five boroughs. The funds will be used to complete the fit-out, upgrades and spaces subdivision at the Liberty View Industrial Plaza, an eight-story, 1.1 million square foot building located at 850 Third Avenue in the former United States Navy Fleet Supply Base Storehouse #2 (also know as Federal Building #2).
The new fashion innovation hub will occupy the entire seventh floor at the Liberty View Industrial Plaza and offer easy access to the boroughs, all major highways and the three metro airports. The industrial facility, which is now owned by Salmar Properties, was built in 1920 and recently went through a $40 million renovation process that included a new roof, windows, façade and utilities.
As reported by the Brooklyn Eagle, the City paid $10 million to the state of New York to acquire the building in 2011 and then sold it to Salmar Properties.
The Manufacturing Innovation Hub for Apparel, Textiles & Wearable Tech will occupy 160,000 square feet of space, of which 110,000 square feet will be dedicated to active manufacturing. The space will house around 30 businesses and up to 50 fashion designers and is expected to create or retain about 300 full-time jobs. The fashion hub will also include a workforce development center, wearable technology research and incubator space equipped with private studios, sewing rooms and meeting rooms. Approximately 30,000 square feet of space will be occupied by privately owned Manufacture NY, which will relocate from Manhattan’s Garment District.
Ole Sondresen Architect, a design studio that has also worked with Etsy and Kickstarter, was selected to create the conceptual plans for the interior. Construction at the site is scheduled to begin in February, around the same time as New York Fashion Week, and take nine months to complete.
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Manufacture NY rendering via Ole Sondresen Architect