https://edc.nyc/press-release/bmt-taskfo...an-to-transform-brooklyn-marine-terminal
Mayor Adams, Governor Hochul, Representative Goldman, Senator Gounardes Announce Passage of Historic $3.5 Billion Vision Plan to Transform Brooklyn Marine Terminal Into Modern Maritime Port, Create New, Vibrant Mixed-Use Community Along Waterfront
Ambitious Plan Will Build 60-Acre Modern All-Electric Port, 6,000 Homes, 28 Acres of New Open Space, Over 275,000 Square Feet of Industrial Space, Resiliency Measures, and Dedicated Spaces for Workforce, Community, and Culture
By NYCEDC
Sep 22 2025
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New York City Mayor Eric Adams, New York Governor Kathy Hochul, New York City Economic Development Corporation (NYCEDC) President and CEO Andrew Kimball, U.S. Representative Dan Goldman, and New York State Senator Andrew Gounardes today announced that the Brooklyn Marine Terminal (BMT) Task Force has passed a historic vision plan to turn BMT into a modern, maritime port and create a vibrant, mixed-use community along the Brooklyn waterfront. The proposal—which is backed by $418 million in city, state, and federal investments—will transform the dilapidated marine terminal into a 60-acre, all-electric maritime port that can, once again, serve as a key economic driver for the community and city.
In addition to a revitalized port, the plan passed today will also create 6,000 new homes—including over 2,400 permanently-affordable units—as well as at least 28 acres of public space, 275,000 square feet of commercial space, 250,000 square feet of community facility space, and 275,000 square feet of light-industrial and industrial space at discounted rents. The plan, which covers a total of 122 acres, will also deliver vital resiliency and infrastructure upgrades for the area while generating an estimated $18 billion in economic impact, 37,000 temporary construction jobs, and 2,000 permanent jobs. The Vision Plan adopted by the BMT Task Force serves as the foundation for all future investments and redevelopment at BMT.
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“Today, our city took a massive step towards the future. By approving this $3.5 billion vision plan, we will turn a crumbling marine terminal into a modern maritime port while creating thousands of affordable homes and tens of thousands of good-paying jobs. We’ll deliver the open space our city needs and keep New York at the front of the green economy,” said Mayor Adams. “For years, naysayers have told us that the days of big ideas and bold initiatives were over, but New York City is proving them wrong. We’re turning our waterfront into a ‘Harbor of the Future’ and unlocking opportunity for generations to come. When I came into office, I promised to ‘Get Stuff Done,’ and, today, we are doing it in a big way. Thank you to all the members of the BMT Task Force who took their responsibility seriously and to all the community members and experts who weighed in along the way.”
“This bold, $3.5 billion vision will transform the Brooklyn Marine Terminal into a modern, all-electric maritime hub and a thriving new neighborhood—delivering good-paying jobs, affordable homes, and public amenities for generations to come,” said Governor Hochul. “New York state is proud to stand with the city to make this once-in-a-generation investment in our waterfront, our economy, and our communities. Together, we’re proving that growth, resiliency, and equity can go hand in hand.”
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https://www.costar.com/article/408117190...s-brooklyn-marine-terminal-sails-forward
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