The city will spend $136 million to renovate two rundown buildings at Bush Terminal, creating a campus where textiles will be created, movie and television shows filmed and food manufactured.
The plan, which Mayor Bill de Blasio revealed as part of his 2017 State of the City speech Monday, is expected to create a 100,000 square foot film and television production studio and 200,000 square foot garment production space that will support 1,800 permanent and good-paying jobs.
The project, called the Made in NY campus, is part of de Blasio's pledge to create 40,000 jobs that pay $50,000 and up over the next four years, and to eventually create 100,000 such jobs over the next decade to help New Yorkers struggling to afford one of the most expensive housing markets in the country.
The mayor, who is running for re-election this year, has pegged the plan as the natural extension of his affordable housing plan.
"Folks got used to struggling just to get by. We want something better for people," said de Blasio.
Details on where the 40,000 jobs will come from are still sketchy.
And who will run this? And creating jobs is great, so long as you aren't importing the employees from elsehwere. Then it defeats the purpose.