John Liu, Bill Thompson Sal Albanese, Bill de Blasio, and George McDonald threatened to penalize FCRC for the delays:... MORE →
In June 2014, Barclays Center majority owner and developer Bruce Ratner is set to have the first building of his highly anticipated Atlantic Yards housing project completed. Ever since Ratner purchased the team in 2004, the project was a main vision for he and his ownership group.
The 32-story residential building that will sit right behind Barclays Center, at Dean Street and Flatbush Avenue, will reportedly be made available to low- and middle-income residents upon its erection next June. According to Ratner, about 182 of the 363 available units will be set aside for low- and middle-income residents.
News 12 Brooklyn reports that critics say it took "too long" for developers to deliver on their promise of affordable housing and jobs. At one point, Forest City Ratner anticipated completion of the project by 2016. If the new projections are correct, it appears they will beat their original projection by nearly 2 years.
For Nets fans, though it will likely increase the "buzz" around Barclays Center upon its completion, the ongoing construction that will apparently last the rest of this season and all of next season may cause slight hindrances to anyone commuting to the arena by car.
So after all of the court dates, changed dates, boycotts, and assumptions the Brooklyn Nets will finally become official after today's groundbreaking ceremony. Join me @ 1:30 for a live-blog here. You can either read along or add to the discussion in the comments. See you at 1:30.
1:28 - Alright guys, I got the ceremony tuned on and ready to go. It is on YES for those in the tri-state area. I caught the tail end of an episode of Nets' magazine, and they were talking T-Will. A quote from him, "My goal for this team is everyone goes out and plays as hard as they can."
1:30 - ...and here we go...
1:31 - We got Chris Shearn and Jessica Taff here. Such a big day you'd think YES would break the bank to get Marv and the Czar here today.
1:34 - They just showed all of the shovels. There were a lot of them, how many people are here? A quote from Chris Shearn, "When the shovels go into the ground, there will be a lot of happy people."
1:36 - They are listing celebrities from Brooklyn, and Debra Messing got mentioned. I hope this isn't what is going to be going on the entire hour. Seems they are just killing time until the speakers get going.
1:39 - Jessica Taft just mentioned that this project will create jobs...for the third time. They are looking for things to kill time with. Apparently everyone has been asked to take their seats.
1:40 - Now we are getting to the awesome stuff. They are making the practice facility so that people walking along the streets can see inside. They have this for the Pacers in Conseco Fieldhouse, and I saw it when I was in Indiana. I gotta say, even when it is empty it is pretty surreal to walk by and be able to see where NBA players practice.
1:42 - Because I write for NetsAreScorching, I am on the Develop Don't Destroy Brooklyn e-mail list. They are calling this the "Ratner's Arena Boondoggle Ceremony." Now, I don't agree with the DDDB, but I gotta say, that is pretty funny. I wonder if we are going to be able to catch any protesters on TV.
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