Mayor de Blasio announced Tuesday that $136 million will be invested into an old warehouse in Brooklyn for the creation of a "Made in NY" campus, a city-run complex that will lease space to film and TV makers, along with fashion companies.
Supporters of the project say the move will produce good-paying jobs, with annual averages near $57,000 for fashion and $53,000 for film.
The 1,500 permanent jobs won't be expected at the Sunset Park campus until 2020. In the meantime, 800 construction jobs are expected for the complex.
It's part of a job creation initiative pledged by the mayor: de Blasio says there will be 100,000 new jobs by 2026.
The investments at Bush Terminal include major renovations to two existing buildings to create nearly 200,000 square feet of garment manufacturing space, a newly constructed 100,000-square foot film and TV production facility, and pedestrian-friendly streetscape improvements and new plaza space.
The mayor's office says both the fashion and film industries are in need of stable, affordable space to grow and add jobs.
