Even as the economy shrinks, the Brooklyn Navy Yard continues to grow.
Last week, the development corporation that manages the site requested proposals for a new, green, and at least four-story-tall industrial building at a dilapidated corner of the Yard, next to the NYPD’s reviled tow pound.
The open bidding on the site, inside the Yard near the corner of Sands and Navy streets, marks just the latest in a series of expansions for the booming city-owned industrial park, which stretches from Vinegar Hill to Williamsburg.
Since 2006, the Yard has announced 1.3 million square feet of new development, amounting to $250 million in private investment.
“There is a strong demand for industrial space at the Yard,” said Navy Yard President Andrew Kimball, who added that the yard’s 44 buildings were already 99 percent full.
Even better, the next time you get your car towed, you’ll be able to retrieve it after passing through an entirely renovated Sands Street entrance. The imposing blue NYPD gateway will be removed and some of the original, early 1900s stonework and turrets will be restored.
Construction starts this summer.
©2008 Community News Group
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