Modell’s has had a prominent location for years on Atlantic Avenue near the Barclays Center, but lost the spot to eminent domain to make way for the Atlantic Yards/Pacific Park development.Not yet. The Site 5 development is on hold as P.C. Richard, which occupies the other big box store on the site, is suing to enforce a deal that it says guarantees their store a place in the coming development. Photos from Thursday.
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.