Industry City CEO urges City Council to support rezoning
Following the City Planning Commission’s overwhelming 11-1 approval of the plan to create 20,000 jobs through the reactivation of Industry City, IC CEO Andrew Kimball wrote to New York City councilmembers urging them to approve the application.
Originally proposed more than 5 years ago, the plan — which would allow the full reuse of the privately owned 16-building campus by updating zoning regulations put in place more than 50 years ago — now enters the final stage of the public review and approval process.
In the letter, Kimball reaffirmed Industry City’s long-standing commitment to remove hotels and reduce the amount of proposed retail space. In a reference to Amazon’s failed attempt to create a new headquarters in Long Island City, Kimball said, “We have learned from mistakes made by others in as much as we never sought to avoid the review process, and rather than engage a community as an afterthought, we’ve been creating partnerships, engaging in a public dialogue, creating and supporting community-based programs, and creating opportunity for area residents for more than five years.”
The reactivation of the long-dormant industrial hub began in 2013. Under Kimball’s tenure, the number of jobs at Industry City has grown from 1,900 in 2013 to some 8,000 on-site as of March 2020. Since 2013, IC has invested $400 million in private funding into the campus, and through this rezoning the proposal promises to unlock another $600 million in private investment.