Rising over 150 feet above the Gowanus Canal in Brooklyn, the Sunset Industrial Park is set to become the largest multistory warehouse in the nation when construction is completed in early 2021.
Tractor-trailers will weave their way up, around and through the structure, exchanging goods to be delivered to the more than 8 million people that make their homes in New York City.
While the warehouse has been hailed as a landmark feat in terms of both scale and industrial design, it is unclear whether Sunset Industrial Park is a harbinger of more multistory projects to come in the U.S., or a one-off project only suited for the nation’s largest and most demanding industrial market.
Brooklyn and Queens are each home to more than 2.3 million people — if the boroughs were independent, they would be the fourth- and fifth-largest cities in the U.S. Delivery demand is immense, but traffic congestion makes same-day delivery a difficult proposition.
Combined with a general lack of available land, the geographic barriers present a uniquely challenging market for industrial distribution.
Those challenges make it all the more amazing, then, that Bridge Development Partners and DH Property Holdings were able to find 18 acres of developable land just 2 miles south of the most densely populated neighborhoods of Brooklyn. With 1.3M SF of industrial space planned for the warehouse, the pure scale of Sunset Industrial Park sets it apart from New York’s industrial stock.
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DH Property Holdings is a leading real estate development, investment and asset management firm focusing on complex industrial distribution warehouses in dense, urban-core areas.
