For two years, the Brooklyn Nets have touted their lavish future practice facility in Industry City, with views of New York City and a private player lounge. It’s scheduled to open in February. But when they leave behind their old facility in East Rutherford, it won’t be empty for long.
The team’s current practice facility, which also houses their basketball operations department, will be renovated into a YMCA, according to Real Estate Weekly. The $3.5 million renovation project is pending approval:
In addition to fundraising and revenue from operations, the YMCA generated capital for the new project from the sale of a 58,000 s/f investment property that it intended to convert to a YMCA through a three-phase renovation project.
The Meadowlands Area YMCA’s plans to refit the new building are contingent upon approvals by the NJ Sports and Exposition Authority.
“We are incredibly grateful to all our donors who believed in and supported this project,” said Jane A. Egan, CEO of the Meadowlands Area YMCA and a staff member since 1980. “The community is deserving of the finest possible YMCA facility and programming and we plan to deliver it.”
It makes sense that the building would become a gym: there’s not much need in most office spaces for a full-length NBA basketball court and training facilities.
The building will also house a Mara Family Daycare Center, named after New York Giants ownership. But chances are it won’t have the same view as Brooklyn’s new facility in Sunset Park.