Development Funds Flow into Sunset Park

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The Bush Terminal, a 130,000-square-foot site in Sunset Park, is slated to receive a $10 million grant for redevelopment from the Restore New York initiative. The $10 million comes from a larger pot, $153.6 million that was granted to 79 projects statewide by Empire State Development. This is the third group of grants doled out by the program, which intends to revitalize urban areas by attracting residents and businesses. The city will use the new funds for demolition, asbestos removal, utility upgrades, and new construction at the Bush Terminal, reports the Brooklyn Eagle. The city will also approach private sector businesses as partners in redevelopment or as owner-operators at the site.
Bush Terminal to Receive $10M for Construction [Brooklyn Eagle]
Photo by Bridge and Tunnel Club

By jscheff |