NEW YORK CITY-When Bush Terminal was first built in the early 1900s, the complex helped transform the Brooklyn waterfront into the first manufacturing, shipping and warehousing facility of its kind. Now, the 40-acre site is home to Industry City, a 6.5-million-square-foot industrial hub for artisans, craftsmen and high tech businesses, is currently undergoing a full-scale renovation to keep up with high demand on the site, GlobeSt.com has learned.
Industry City Associates says long-term renovations at the 16-building site will include repaving the streets that separate the property’s buildings, bulkhead renovations to the buildings that line the waterfront, installation of overhead power distribution and buss ducts, and a complete modernization of the property’s 150 elevators.
“We are committed to fostering a vibrant community where creativity and business innovation can take root and flourish,” says Bruce Federman, director of real estate at Industry City Associates, in a statement. “Our aim is to preserve the property’s historic industrial heritage, while bringing it into the 21st century and making it more amenable to the needs of today’s creative class and tech sector.”
Additionally, specially designed, energy-efficient, thermal-protection windows have been installed as part of the renovations to four of the buildings. The expected completion time will be three years. "To date we've invested millions in the project," Federman says, in an e-mail. "But since this is a 10 year plan, it would be premature to offer a specific estimate of total cost. Suffice it to say, this is a multi-million dollar renovation plan."
Further improvements have also been made to support the addition of 60 newly renovated units of creative office space to Building 2 at Industry City, including the provision of more than 11,000 square feet of communal exhibition and event space for artists’ use, new bathrooms and enhanced d
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