Missing from Forest City Ratner’s latest brochure (below, right) and the AtlanticYards.com web site is any mention of the two huge interim surface parking lots planned for the Atlantic Yards site, in the north central and southeast blocks of the site, blocks that are later slated for towers and landscaped open space. How big? How many spaces? For whom? For how long? We don't know yet. The two large blocks occupy about nine acres of the 22-acre footprint. An acre can typically accommodate spaces for about 130 cars (plus driving lanes, etc.), so nine acres could provide parking for 1170 cars. It's unlikely that the entire blocks would be used for parking, though. Still, the project would take at least ten years to build, so it's possible those parking lots could persist in whole or in part, especially if changes in economic conditions alter the development. No one’s willing to say much for now. Not the city Department of Transportation. Not the Brooklyn Borough President’s...
This watchdog blog, by journalist Norman Oder, concerns the $6B project to build the Barclays Center arena & 15-16 towers at a crucial site in Brooklyn. Dubbed Atlantic Yards by developer Forest City Ratner in 2003, it was rebranded Pacific Park Brooklyn in 2014 after the Chinese government-owned Greenland USA bought a 70% stake going forward. In 2018, once the arena & four towers were built, Greenland bought out most of Forest City's stake, then sold three leases to other companies.