Six transformational projects for Downtown Brooklyn are part of the new $10 million Downtown Revitalization Initiative award.
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The strategic investments in Downtown Brooklyn will build upon the area's role as one of the most dynamic, rapidly evolving areas of New York City, a symbol of urban resurgence, and a vital business, residential, cultural, civic, and transportation center.
The investments are part of the Governor's ongoing efforts to revitalize the economy and create more opportunities for New York City.
Downtown Brooklyn is the borough's central business district, as well as its civic, cultural, transit and employment hub.
With more than 12,000 residential units, 20 million square feet of occupied offices, 11 higher education institutions, and new retail and entertainment destinations, the area has been transformed into a 24/7 community.
Downtown Brooklyn has become an urban center for the information technology, arts, and entertainment industries.
To reap the full benefits of Downtown Brooklyn's recent economic growth, the DRI effort will spur investment in much needed critical infrastructure in the Downtown core to create welcoming and safe connections to key neighborhood assets, ensure equitable and accessible future growth, and improve the wellbeing and job opportunities in traditionally underserved communities.
Jumpstarted by the DRI investment, Downtown Brooklyn will improve the public spaces and physical connections to the neighborhoods by extending educational and entrepreneurial opportunities and linking cultural hubs of the Downtown core, the Brooklyn Cultural Districts, DUMBO, and surrounding communities.
Downtown Brooklyn developed a Strategic Investment Plan to revitalize its downtown with $300,000 in planning funds from the $10 million DRI grant.
A Local Planning Committee made up of municipal representatives, community leaders, and other stakeholders led the effort, supported by a team of private sector experts and state planners.
The Strategic Investment Plan for Downtown Brooklyn examined local assets and opportunities and identified economic development, transportation, housing, and community projects that align with the community's vision for downtown revitalization and that are poised for implementation. ■