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Back in August, a seed was planted for a massive retail, nightlife, and gallery complex in Bushwick, when North Development Corp purchased a building across from the Morgan Avenue L stop to the tune of $12.15 million. The Commercial Observer reports that the plan includes diving the space "into multiple sections and feature bars, restaurants, artist galleries and studios." They article adds: "Think Mall of America writ small and, to those involved, more independent minded."
Andrew Clemens of Massey Knakal Realty Services gives another comparison. "What we're planning on doing is turning this into some sort of creative entertainment and retail venue. Think a grittier Chelsea Market." Clemens, who seems aware that Bushwick is not at all like Chelsea, clarifies that the complex will cater to the types of folk that already inhabit the area: the "hip, hipster, art scene." So, there probably won't be an Anthropologie. Or will there?
· A Mall Grows in Bushwick? [Commercial Observer]
· Bushwick's Gentrification Continues, Now With Statistics! [Racked NY]