The $30 million site at 1000 Dean Street, which used to be a Studebaker service station, will host a food incubator run by Third Ward, a Bushwick-based workspace and education center.
Third Ward won a $1.5 million grant earlier this year from the city’s Economic Development Corporation to fund the food incubator, which will give culinary entrepreneurs the tools, equipment and workspace they otherwise wouldn’t be able to afford. Third Ward is finalizing a 20-year lease for 30,000 square feet on the ground floor and 12,000 to 15,000 square feet of office space on the second floor, according to The Real Deal. The area will include a large commercial kitchen and feature cooking classes, according to The Real Deal.
Butler and BFC Partners, the builder of Toren condos in downtown Brooklyn, worked with Don Cappocia to buy the three parcels that make up 1000 Dean for $11 million in March. The renovation of the 155,000-square-foot, three-building site will be overseen by Selldorf Architects, who will install new windows, elevators and bathrooms, Butler announced in April.