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August 30, 2007
New downtown? The Atlantic Yards office space, in DC context
Atlantic Yards Report
In honor of yesterday's shortsighted Wall Street Journal article on Atlantic Yards office space, it's worth a look at how big that office space might be. Remember, when it was proposed on 12/10/03, Atlantic Yards was to contain 2.1 million square feet of office space, as "New York City requires... additional office space to create and retain new jobs."
But those four office towers, which led columnist Andrea Peyser to rhapsodize about 10,000 office jobs, have mostly been traded for condos. After two rounds of cuts, the proposed Atlantic Yards office space now would cover 336,000 square feet, with space for 1340 jobs and likely 375 new jobs.
That's hardly the new downtown some have claimed for Atlantic Yards, especially since there's no need, as yet, for all the office space proposed in the Downtown Brooklyn rezoning. Atlantic Yards would consist of an arena, a mixed-use office/condo/hotel tower, plus a residential complex--a latter-day Stuyvesant Town, much more dense but at least with retail in the base of the buildings.
Norman Oder sizes up Atlantic Yards office space using DC as an example.
Posted by lumi at August 30, 2007 7:50 AM