In 1890s Irving T. Bush began to build a monumental intermodal manufacturing, warehousing and distribution center in Sunset Park, Brooklyn. Due to its prominent location, immense scale, and structure that supported a wide spectrum of businesses, Industry City flourished. It quickly became one of the most successful facilities of its type, enabling Brooklyn to become a major international seaport.
By the 1960s, urban manufacturing had started its long decline. Most of IC’s major manufacturers – most notably the legendary Topps Baseball Card company – closed their doors or moved away, and IC suffered through a period of disinvestment and decay for 40 years. In 2013, this all changed. A new ownership group, led by Belvedere Capital and Jamestown, began to redevelop Industry City. Over the past two years, IC has leased more than two million square feet of space and created over 2,000 jobs, capitalizing on the rapidly emerging innovation economy.
It encompasses the full arc of physical, digital and engineered product design and development, including initial research, engineering, design, manufacturing, and production. The property’s ownership is actively updating the complex, its amenities and its systems while cultivating a diverse tenant mix that fuses today’s burgeoning innovation economy with traditional manufacturing and artisanal craft. This work is paving the way toward a vibrant and diverse community of forward-thinking companies that support good-paying jobs for workers across skill and experience levels. Since the new partnership was forged in 2013, employment has increased from 1,900 jobs to 4,500 jobs, including more than 100 positions filled through IC’s local employment program.
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