$10 million allotted for Bush Terminal development

Historic Bush Terminal

Historic Bush Terminal

Governor David Patterson announced on September 2 that the state will offer up $10 million in Restore NY funds towards the rehabilitation of Sunset Park’s Bush Terminal. The funds will go to demolition, asbestos removal, utility upgrades and new construction, according to the Governor’s press release.

The New York City Economic Development Corporation (EDC) has put out an open call for proposals to redevelop Pier 6 in Bush Terminal, located at the foot of 42nd street. Priority will do to developers whose plans make use of the “waterfront location and industrial character” of the area.

The development of Bush Terminal will benefit the area by generating private investment, jobs and taxes, according to the Governor’s office. The monies slated for the Brooklyn waterfront is a portion of the $153.6 million that the state will distribute communities across the State as part of the third round of the Restore NY grant program.

This announcement follows on the heels of Mayor Bloomberg’s July announcement of a $270 million “Sunset Park Waterfront Vision Plan,” as reported in the Brooklyn Eagle.

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4 Comments

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4 responses to “$10 million allotted for Bush Terminal development

  1. Dan

    Thanks for the update…and thanks for the real reporting. Between you and Best View in Brooklyn, I think the media landscape in the neighborhood is looking very promising.

    Congrats on the new site and looking forward to reading more!

  2. Fo

    I hope this project still plans to implement the public open space aspect with the “Bush Terminal Piers Park”.
    http://www.gowanuslounge.com/2008/05/15/will-sunset-park-bush-terminal-piers-park-ever-be-done/

    Thanks for your coverage of Sunset Park and welcome to the neighborhood!

    • You’re very welcome, Fo. I asked about the $10 million and the park when spoke to Jeremy Laufer, Community Board Manager today. He said that the money from Restore NY is slated for the buildings, not the park. However, the Board is driving to get the monies to make the park happen. I’ll dedicate a quick post to this soon with a bit more detail.

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