NEW YORK, NY – [Photo: EDCNYC]
The Brooklyn Marine Terminal (BMT) Task Force passed on September 22 a historic vision plan to turn the BMT into a modern, maritime port and create a vibrant, mixed-use community along the Brooklyn waterfront.
With a $65 million State investment to support housing growth and build a future cold storage facility on-site — a total investment of $410 million made possible by city, state and federal governments — the proposal will transform the dilapidated marine terminal into a 60-acre, all-electric maritime port that can, once again, serve as a key economic driver for the community.
In addition to a revitalized port, the plan will also create 6,000 new homes — including 2,400 permanently-affordable units — as well as 28 acres of public space, 275,000 square feet of commercial space, 250,000 square feet of community facility space, and 225,000 square feet of light-industrial and industrial space. The plan, which covers a total of 122 acres, will also deliver vital resiliency and infrastructure upgrades for the area while generating an estimated $18 billion in economic impact, 37,000 temporary construction jobs, and 2,000 permanent jobs. The Vision Plan adopted by the BMT Task Force serves as the foundation for all future investments and redevelopment at BMT.
“This bold, $3.5 billion vision will transform the Brooklyn Marine Terminal into a modern, all-electric maritime hub and a thriving new neighborhood — delivering good-paying jobs, affordable homes, and public amenities for generations to come,” New York Governor Kathy Hochul said.
New York City Mayor Eric Adams added, “Today, our city took a massive step towards the future. By approving this $3.5 billion vision plan, we will turn a crumbling marine terminal into a modern maritime port while creating thousands of affordable homes and tens of thousands of good-paying jobs. We’ll deliver the open space our city needs and keep New York at the front of the green economy. We’re turning our waterfront into a ‘Harbor of the Future’ and unlocking opportunity for generations to come”.
State Senator Andrew Gounardes, who chairs the BMT Task Force, along with U.S. Representative Dan Goldman and NUC Councilmember Alexa Avilés noted, “This work has not always been easy… This is just the first step of an ongoing process…. Brooklyn faces no shortage of challenges: an affordable housing crisis, a crumbling port, and aging infrastructure that no longer meets our needs. Today, we’re meeting these challenges head-on, and building an affordable, resilient and vibrant borough for our community and for generations to come”.
