Progress

Brooklyn’s three massive industrial complexes, Brooklyn Army Terminal, Brooklyn Navy Yard, and Industry City are hubs of manufacturing and distribution.

Jobs collapse at the Brooklyn Army Terminal, Brooklyn Navy Yard, and Industry City from 120,000 to fewer than 10,000 on the complexes’ combined 14M sf.

The Innovation Economy begins to emerge. Government begins massive infrastructure subsidy program at the Brooklyn Army Terminal and Brooklyn Navy Yard.

Community Board 7’s 197A Plan for Sunset Park is adopted in November.

Industry City begins the nation’s largest privately owned adaptive reuse undertaken with NO public capital subsidy.

Industry City announces a ten-year, $1B redevelopment that aligns broadly with CB7’s 197A Plan and would create 15,000 on-site jobs.