Community

Empire Stores Renderings + West Elm, Brooklyn Hist. Soc. as Anchors

HUGE development news for DUMBO!

Now it’s official: Mayor Bloomberg announced today that Brooklyn Bridge Park has selected Midtown Equities, in partnership with Rockwood Capital and HK Organization, to redevelop Empire Stores. Plans for the adaptive reuse of this 347,000 sf historic site include restaurant, event, retail and office space. DUMBO-based West Elm is expected to anchor the building by leasing both the office and the retail space, and the developer is in talks with the Brooklyn Historical Society to include a 3,200 sf exhibition space. Construction is expected to begin in early 2014 run through fall 2015. Like the recently-announced John Street development deal, revenues from this project will support Brooklyn Bridge Park’s long-term maintenance and operations.

In addition, the Brooklyn Bridge Park board approved a long-term lease with St. Ann’s Warehouse to develop a theater in the historic Tobacco Warehouse site, adjacent to Empire Stores. This development includes performance space, administrative offices, multi-use community space and an outdoor public space.

Here’s what Mayor Bloomberg had to say:

“All across the waterfront, we are reclaiming and renewing areas that have long been abandoned or neglected, and Empire Stores and the Tobacco Warehouse are the latest examples of that work. These redevelopment plans will bring even more new life and excitement to the DUMBO waterfront at Brooklyn Bridge Park, giving residents and visitors more places to work, shop, dine, and experience the arts.”

Read the full press release here.

Photos courtesy NYC Mayors Office