« Fernando Ferrer to replace Doreen Frasca on the MTA Board | Main | PRESS RELEASE: Brooklyn Civic Associations Launch Web Site to Monitor Impacts from Atlantic Yards Construction »
May 18, 2011
Consultant says arena one month ahead of schedule, transit connection two months; what about the Carlton Avenue Bridge?
Atlantic Yards Report
According to the latest Site Observation Report, dated 5/16/11 and based on a 3/24/11 site observation, on the Barclays Center arena construction, produced by Merritt & Harris, consultants to the real estate lending and investment community, the arena is still ahead of schedule.
The report indicates that the arena is one month ahead of schedule, based on cash flow projections, and the Transit Connection to the Atlantic Avenue/Pacific Street station is about two months ahead of schedule.
Note, however, as mentioned below, last month the substantial completion date and final completion date for the arena had been moved back.
According to the graphics below (click to enlarge), spending on the arena, and presumably work at the site, is expected to increase markedly in the next year.
Posted by eric at May 18, 2011 10:38 AM