Largest multistory warehouse in the US planned for Brooklyn
Brooklyn will be home to a four-story, 1.3 million-square-foot distribution centre according to plans
The new distribution centre is being built by the partnership of Bridge Development Partners and DH Property Holdings, along with equity partner Banner Oak Capital Partners. They have announced that they have acquired Sunset Industrial Park in Brooklyn.
Their plans for the 18-acre site — located on Third Avenue between 19th Street and 21st Street, along the Gowanus Canal — include the demolition of existing structures and the development of a four-story, up to 1.3 million-square-foot distribution centre that will be the largest of its kind in the United States.
The multistory facility will be designed with an ramping system so that each of its four floors will be fully cross-docked and directly serviceable by full size tractor trailers.
The lower two stories of the facility will feature 32-foot clear heights, while the upper two stories will feature 28-foot clear heights.
The joint venture, backed by equity partner Banner Oak Capital Partners, acquired Sunset Industrial Park along the Gowanus Canal for $225M.