NYC-based United American Land plans to develop 49,000-sq-ft of retail space in the Brooklyn Municipal Building at 210 Joralemon St. Under the deal, part of the city’s ongoing efforts to revitalize Downtown Brooklyn, UAL will pay $10 million to develop the western portion of the first, second, and below-grade floors of the 13-story, 383,000-sq-ft structure, Mayor Michael Bloomberg's office reports.
The project will create 64 full-time construction jobs and 114 permanent jobs. Construction is set to begin in 2012. Contractors have not yet been chosen, says an industry source.