Various other warehouses and transfer centers populate the area, known as the Industrial Business Zone
, which the city estimates is home to almost 20,000 jobs.
Maritime World is the owner of Dubai Maritime City (DMC), which is a maritime service facility as well as an industrial business zone
that is adjacent to DP World's Mina Rashid.
In another sign of the white hot industrial markets in the outer boroughs, Simone Development Companies has leased up a newly acquired 41,000 s/f property in the Zerega Industrial Business Zone
in the Bronx.
Situated between Fourth and Fifth Avenues, the M1-1D zoned, property has frontage on both 25th and 24th Streets and is situated outside the Industrial Business Zone
The property falls within Brooklyn's Sunset Park Industrial Waterfront District, the Southwest Brooklyn Industrial Business Zone
, and the EDC's Sustainable Urban Industrial District, part of the city's Sunset Park Vision Plan aimed at promoting investment and development in the Sunset Park waterfront industrial area.
The largest of the sites is a 95,000 s/f lot located at Zerga and Watson Avenues in the Bronx, in the Zerga Industrial Business Zone
. The Two Brooklyn sites are a 80,000 s/f lot on the corner of Atlantic Avenue and Chestnut Street on the Brooklyn-Queens border, and a 53,000 s/f lot at 3rd Avenue and 24th Street in the Sunset Park IBZ.
New York City Economic Development Corporation (NYCEDC) has issued a Request for Proposals (RFP) to identify developers for seven sites in the East New York Industrial Business Zone
Lyons Urban Renewal Plan, the Zerega Industrial Business Zone
and the Hunts Point Empire Zone.
New York City Economic Development Corporation selected Pearlgreen Corporation to develop an 80,000 s/f industrial facility on an approximately 108,500 s/f site at 1734 Bathgate Avenue within the Bathgate Industrial Business Zone
in the Bronx.
"This project, coupled with our efforts to revitalize the Bush Terminal Complex and South Brooklyn Marine Terminal, will significantly increase the Southwest Brooklyn Industrial Business Zone
's portfolio of state-of-the-art, affordable industrial space and make Sunset Park a haven for light manufacturing for years to come."
The southern end of the Canal that coincides with the Southwest Brooklyn Industrial Business Zone
is expected to stay industrial.
The Brooklyn parcel happened to overlap both the East Williamsburg Empire Zone and the North Brooklyn Industrial Business Zone
. With proper planning, this location afforded the company the potential for significant government incentives through the New York City Industrial Development Agency (IDA), Empire Zones Program (EDZ), and Energy Cost Savings Program (ECSP).