Sunset Park warehouse to become fashion, manufacturing, tech hub

City to Invest $3.5 Million in Partnership with Developer Salmar Properties

By Matthew Taub - Source: http://www.brooklyneagle.com
A rendering of the proposed retrofitted space (via Manufacture New York)

A rendering of the proposed retrofitted space (via Manufacture New York)

In an effort to expand the city’s fashion and manufacturing sectors while also supporting exploration into new technologies, the Economic Development Corporation announced a $3.5 million investment in an “Innovation Hub” in Sunset Park.

Located at the privately-operated Liberty View Industrial Plaza, a 1.1 million square foot, 8-story industrial building along the Sunset Park waterfront, the Hub will occupy 160,000 square feet to provide research, design, development, and manufacturing resources for New York’s emerging designers and apparel manufacturers, while also supporting ventures into robotics and wearable technology. The City of New York, via NYCEDC, will invest with Salmar Properties, the building owner, through its Industrial Modernization Initiative (IMOD) to allow for the fit-out, modernization, and subdivision of the currently-vacant space.

Deputy Mayor Alicia Glen, NYCEDC President Kyle Kimball, Manufacture New York CEO Bob Bland and Salmar Properties’ Marvin Schein made the announcement Thursday morning at the hub’s future location. They were joined by State Senator Velmanette Montgomery, State Senator Martin J. Golden, Deputy Borough President Diana Reyna, and others.

“We are focused on making investments that are going to spur innovation, create good jobs and keep New York City competitive,” said Deputy Mayor for Housing and Economic Development Alicia Glen. “Fashion and manufacturing aren’t just legacy industries, they are rapidly evolving parts of our economy that are adapting new technologies and changing every day. Here in Sunset Park, working with our private sector partners, we’re ensuring companies at the cutting edge of these industries can grow and innovate right here in New York City.”

Read more at: http://www.brooklyneagle.com

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