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.
Atlantic Yards in 2025: New Developers Enter, Propose (Much Larger) "Feasible Alternative" (link)
Many unknowns remain: subsidies, timing, accountability. Though Nets struggle & Liberty stumble, BSE Global debuts new training center, street festival, and arena renovations.
Comments
Post a Comment