New York City to invest $3.5m in new fashion incubator
Created to bring together local manufacturing, jobs and support up-and-coming designers, the new 160,000-square-foot facility called the 'Manufacturing Innovation Hub for Apparel, Textiles & Wearable Tech' will be housed in the privately run Liberty View Industrial Plaza in Sunset Park, Brooklyn.
The aim of the new centre is to build an area for research, design, development and manufacturing for New York's emerging designers and apparel manufacturers, with the New York City Economic Development Corp. awarding $3.5 million through its industrial modernization initiative to aid in the development of the space.
The stylish hub is expected to create or retain about 300 jobs, as construction is expected to start by New York Fashion Week in February, redesigned by Ole Sondresen Architect – known for designing spaces for Etsy and Kickstarter.
Deputy Mayor for Housing and Economic Development Alicia Glen, NYC Economic Development Corp. president Kyle Kimball, said the space aims to house 20 to 30 businesses and up to 50 designers, with hopes to show the city's commitment to supporting fashion and manufacturing in New York.