Economic impact and job creation of SPARC Kips Bay

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52 sec

SPARC Kips Bay is positioned to become a national model for place-based economic development, bringing together education, healthcare, and life sciences to drive significant economic growth and job creation in New York City.

Over 31,100 well-paying jobs expected in future-forward industries
12,000 union construction jobs to be created
Approximately $42 billion in economic impact to New York City over the next 30 years
New modern facilities for public education institutions (CUNY and NYC public schools)
State-of-the-art training spaces for career-connected learning
1 million square feet of new modern life sciences space for private industry

Julieanne Herskowitz

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SPARC Kibbs Bay will become a national model for place based economic development.

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We're building new modern facilities for our very best public education institutions with CUNY and New York City public schools, state of the art training space for career connected learning in the health care, public health, and life sciences industries paired with private industry, which will occupy 1,000,000 square feet of new modern life sciences space.

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It will grow New York City's economy with over 31 100 well paying jobs and FutureForward Industries and 12,000 union construction jobs, resulting in approximately $42,000,000,000 of economic impact to New York City over the next 30 years.

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This project will also be built smarter and cleaner as the largest municipal project in the country to deploy sustainable and circular construction methods.

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Sustainability measures in SPARC Kips Bay construction

Economic impact and job creation of SPARC Kips Bay

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