Major progress has been made for Dock 72, a 16-story commercial office building rising in the Brooklyn Navy Yard. Incredibly, it is the first ground-up office building to rise in Brooklyn since MetroTech in the 1980’s. The development is a joint venture with Rudin Management and Boston Properties, with WeWork co-developing and handling amenities. WeWork will occupy nearly a third of the building.
Officially proposed last summer, New Jersey’s Economic Development Authority has approved $93 million in tax breaks for Kushner Companies and KABR Group’s planned 56-story, 744-unit mixed-use tower at One Journal Square, in Jersey City’s Journal Square district. According to the Jersey Journal, WeWork is expected to lease 101,000 square feet of office space on seven floors, and 78,000 square feet of retail space is planned on the bottom two levels. A second tower is also reportedly in the works, although completion of the first is expected in the spring of 2018.
In July, YIMBY unveiled renderings of WeWork’s planned office building at the Brooklyn Navy Yard. Now developer Boston Properties has filed new building applications for the project, named Dock 72, at 63 Flushing Avenue.
When WeWork announced its plans to anchor a 675,000-square-foot office building on a vacant dry dock at the Brooklyn Navy Yard, a few critics came out of the woodwork to lament the yard’s gradually disappearing industrial tenants, like modular housing builder Capsys.
Two months ago, YIMBY brought you the first look at WeWork’s big mixed-use development on the waterfront in the Brooklyn Navy Yard. Now we have an official rendering and more details on the 16-story office building, dubbed Dock 72 at the Brooklyn Navy Yard.