Navy Yard Office Project Announced in Brooklyn
A joint initiative of Boston Properties Inc. Rudin Development and WeWork, in conjunction with the Brooklyn Navy Yard Development Corp. is developing a new 675,000-square-foot building at the Brooklyn Navy Yard to cater to the rapidly emerging technology and creative industries in Brooklyn.
The $380 million building, Dock 72, will be one of the largest commercial buildings to be built outside of Manhattan in decades.
Construction of the 16-story building is scheduled to begin in late 2015 with an anticipated tenant delivery in late 2017. The project will seek LEED certification.
The site is centrally located within the Yard on a 60,000-square-foot strip of land jutting out into the East River between two active dry-docks.
The building design was created by S9 Architecture, an affiliate of Perkins Eastman, and will feature floor plates from 40,000 to 60,000 sq ft, offering contiguous and easily demisable blocks of space for a variety of tenant sizes. Highlights of the 35,000-sq ft amenity package curated by WeWork include a health and wellness center, specialty food and beverage offerings and a rooftop conference center.
WeWork provides space, community, and services to a diverse range of members that includes technology, art and design, e-commerce, fashion, and non-profits amongst others.
WeWork will anchor the new building with a 222,000-square-foot lease.
The new project comes just weeks after the Mayor Bill de Blasio announced the $140 million redevelopment of Admirals Row in the Navy Yard. That follows the conversion of Building 77 into a 1 million-sq ft innovation and manufacturing hub.