Waiting for a New Plan. Lots of Big Questions. (link)
The project is moving ahead, but we don't know the proposed scale, scope, affordability, and design, nor what public concessions the new development team will seek. A new deadline in the 2040s?
This watchdog blog, by journalist Norman Oder, covers the 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 Shanghai-based Greenland USA took a majority share. Forest City left in 2018. Eight towers and the arena have been built. After a stall, Cirrus and LCOR in 2025 took over as master developers. A plan to complete the project is pending.
Waiting for a New Plan. Lots of Big Questions. (link)
The project is moving ahead, but we don't know the proposed scale, scope, affordability, and design, nor what public concessions the new development team will seek. A new deadline in the 2040s?
Comments
Post a Comment