TESTIMONY
962 Pacific Street Rezoning: Testimony in Support from Evergreen Inc.
0:51:23
·
139 sec
Steven Fabian, Program Manager of Real Estate and Planning from Evergreen Inc., testifies in support of the 962 Pacific Street Rezoning.
Evergreen is part of the applicant team as an advisor. Steven shares that "Evergreen is a nonprofit local economic development organization that champions manufacturing, creative production, and industrial services in North Brooklyn and beyond."
Speaker 1
0:51:23
Next, we'll have Stefan.
Speaker 0
0:51:27
Fabian.
0:51:27
Fabian.
0:51:29
Stephan Fabian.
Speaker 1
0:51:30
Stephhan Fabian, next.
0:51:31
If you gave me, please unmute.
Speaker 14
0:51:36
Hello.
0:51:37
My name is Steven Fabian, and I'm program manager of real estate and planning for Evergreen Inc.
0:51:41
Here at North Brooklyn Business Exchange.
0:51:44
I'm here today to testify in support of the 962 Pacific Street project on which Evergreen is part of the team as an adviser.
0:51:51
Evergreen is a nonprofit local economic development organization that champions manufacturing, creative production, industrial service businesses in North Brooklyn and beyond.
0:52:00
We do this by primarily providing a range of free services, but we also have become a real estate developer, fantastic 16 years following the purchase of our first building in 2008.
0:52:10
We have 5 and we rent them below market with favorable lease terms.
0:52:14
Additionally, we have seen an increase in mixed use developments in our service area.
0:52:18
We attribute a lot of this to the 25 Kent rezoning the development of the IBIA, for many of these projects we simply serve as an adviser during community outreach and support many through testimony.
0:52:30
But because these projects that we do are often low and frequency and private developers are often doing them more frequently, We see it as a great opportunity to partner with such projects in a more substantive way.
0:52:43
962 Pacific is our second such partnership following 1160 Flushing Project in Bushwick.
0:52:49
We believe that developing manufacturing space is worthwhile because it provides a community with high quality working class jobs with low barriers of entry, All paying jobs are a crucial economic development benefit.
0:53:02
The ulcers with their long history in business and in the community understand this from firsthand experience.
0:53:08
Our role in this project has been to draw on our experience to advise on what would make the manufacturing space viable and what kinds of businesses could fit in the particular mixed use content with housing.
0:53:18
We expect things like jewelry making, fashion, and home goods to make make sense.
0:53:24
And we will be part of the tenanting process for the manufacturing space as it moves forward.
0:53:29
With how this project brings together affordable housing, manufacturing, and community space, we believe that 9 to Pacific can be an innovative model for development that meets an important range of neighborhood needs.
0:53:40
Thank you.
Speaker 1
0:53:41
Thank you, Steve.
