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The Brooklyn Nets Arena is a proposed US$3. 5 billion sports arena, business and residential complex to be built partly on a platform over the Metropolitan Transportation Authority-owned Atlantic Yards at Atlantic Avenue in the New York City borough of Brooklyn. The site is intended to serve as a new home for the New Jersey Nets, currently based at Continental Airlines Arena in East Rutherford, New Jersey. The MTA site is 8. 3 acres (34,000 m²); the Atlantic Yards project site would be 22 acres (89,000 m²).

The development supporters boast an 800,000 square foot sports and convention center, urban complex of housing, commercial and retail space, as well as six acres (24,000 m²) of landscaped privately-owned public open space- including a park on the arena’s roof, ringed by an open-air running track that doubles as a skating rink in winter with panoramic vistas facing Manhattan year-round.

The complex is a project of Brooklyn developer Bruce Ratner, who acquired the Nets in 2004, with the purpose of moving them from peripheral New Jersey to this site which is the most centrally located for the New York City Subway in Brooklyn, and one of the most accessible in the city. The move would mark the return of major league sports to Brooklyn, which has been absent since the departure of the Dodgers to Los Angeles in 1957 (their proposal for a new stadium at the Atlantic Yards to replace the unprofitable Ebbets Field had been turned down by the city in the past). To find more information on this brooklyn company in moving ny read this website.