Owners like Jamestown, Rudin Management, Forest City and Rubinstein Partners believe it makes sense to partner up to pitch the borough's office properties, including Industry City, rather than compete against one another in an already hyper-competitive national contest to woo the e-commerce behemoth.Innovation coast?
"We're working together to highlight the extraordinary opportunity that we can offer," said Andrew Kimball, the CEO of Industry City, the sprawling campus of former industrial buildings in Sunset Park owned by Jamestown and a group of partners. "Brooklyn's innovation coast from Williamsburg to Sunset Park has numerous opportunities for a campus-like environment with an ecosystem of academic institutions, a skilled labor force, bedroom communities and culture."
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 owns 95% of future construction.