June 14, 2018
Just six months after filing permits for a nine-story mixed-use building at the Brooklyn Navy Yard, city officials and developers broke ground Wednesday on 399 Sands Street. Designed by Dattner Architects, the building will feature a parking structure on four levels, four floors of manufacturing space and one floor for creative office space. The construction of 399 Sands Street is a key part of the Navy Yard's $1 billion expansion, overseen by Steiner Equities Group, which will add $2 million square feet.
Deputy Mayor for Housing and Economic Development Alicia Glen also announced Wednesday a $40 million investment from the city to fund 230,000 square feet of leasable space above the parking area. "New York City grew up around the Brooklyn Navy Yard - and thanks to the City’s $40 million New York Works investment in 399 Sands Street, the Yard will continue to fuel growth, and provide manufacturing and creative jobs for generations to come," Glen said in a statement.
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