Yesterday, NYC mayor Bill de Blasio announced a $140 million investment in the Brooklyn Navy Yard, which is expected to facilitate the creation of about 3,000 new jobs. According to the mayor, the city plans to completely overhaul the Navy Yard’s Building 77, a World War II-era warehouse currently used as storage, and turn it into work spaces. Slated for completion in late 2016, the massive project will increase the number of positions at the former military shipyard by about 40%.
The renovation of the 1-million-square-foot building will include adding windows to the bottom floors in order to create a pleasant office space for prospective tenants. According to the mayor, the renovated workspaces are already in high demand. “This place is hot as can be,” de Blasio said during Monday’s announcement. “Any space that’s created here will be filled. That’s the reality.”
New tenants will be joining the site’s largest resident, Shiel Medical Laboratory, which already employs 600 people in the Navy Yard complex. Once the new renovations are complete, the large clinical lab will occupy 240,000 square feet of the new space.
Via Crains New York
Images via City of New York and Brooklyn Navy Yard