Chapter 1: Project Description A. IDENTIFICATION of THE
Chapter 1: Project Description A. IDENTIFICATION OF THE PROPOSED PROJECT Atlantic Yards Development Company, LLC, and Brooklyn Arena, LLC, affiliates of the Forest City Ratner Companies (the project sponsors), in cooperation with the Empire State Development Corporation (ESDC), the Metropolitan Transportation Authority (MTA), and the City of New York (the City), propose a master plan to develop a major mixed-use development in the Atlantic Terminal area of Brooklyn, adjacent to Downtown Brooklyn. The proposed project would occupy an approximately 22-acre area, roughly bounded by Flatbush and 4th Avenues to the west, Vanderbilt Avenue to the east, Atlantic Avenue to the north, and Dean and Pacific Streets to the south (see Figure 1-1). The proposed project would introduce a mix of uses arranged to concentrate the greatest activity closest to Brooklyn’s major transportation hub, which is adjacent to the western end of the site. This end of the project site would contain a new arena for the New Jersey Nets National Basketball Association Team (the Nets), along with commercial office and retail, hotel, and residential uses. Farther to the east, the proposed project would be primarily residential and would provide at least seven acres of publicly accessible open space along with a number of local retail and community services. The project would also expand, platform over, and improve the MTA/Long Island Rail Road (MTA/LIRR) Vanderbilt Yard, which, together with a New York City Transit (NYCT) yard for retired buses, occupy approximately nine acres of the project site in an open cut (rail yard). As part of this improvement, the project would rebuild the Carlton and 6th Avenue Bridges between Atlantic and Pacific Streets.
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