One anticipated—and delayed—element of the Atlantic Yards Community Benefits Agreement (CBA) is a promise to rent the arena “to community groups for at least ten (10) events per year, at a reasonable rate, with net proceeds from such events to be used to support nonprofit community organizations.”For the full article, including information on how to apply, more on the DBNA's activities, and the curious nature of the CBA, go to Brooklyn Bureau.
That community events program should finally become visible when the Barclays Center begins its third season of operations, at the end of September. Given the “significantly reduced cost,” said organizer Sharon Daughtry, executive director of the Downtown Brooklyn Neighborhood Alliance (DBNA), who spoke at a launch event March 14, “a lot of money can be funneled into our community organizations.”
Such events—which could include fundraisers, concerts, job fairs, and banquets—may be held in various arena locations, including the arena bowl, the Cushman & Wakefield Theater (a truncated version of the bowl), the practice court, the Calvin Klein Courtside Club and the 40/40 Club.
This watchdog blog, by journalist Norman Oder, offers analysis, commentary, and reportage about the $4.9B project to build the Barclays Center arena and 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 Group bought a 70% stake going forward. As of 2018, after the arena and four towers were built, Greenland will own 95% of future construction.