Acme Smoked Fish, a longtime staple of the Greenpoint community, will stay in the neighborhood as the primary tenant of a new $550 million mixed-use development at 10 Wythe Avenue.
The City Council officially approved the project this past Thursday, securing Acme’s future in North Brooklyn. Acme’s new factory will occupy four stories and 93,500 square feet. The location will contain a fish smoking and packaging plant, as well as retail space on the ground floor.
“Being in Brooklyn has always been central to this company’s success,” said CEO Adam Caslow. “We’re thrilled to now have the opportunity to not only remain here in the borough, but to also expand our operations as we continue to grow with the neighborhood we’ve called home for generations.”
In addition to the factory, the project will include a half-acre public park, as well as office and and commercial space. The project is overseen by Rubenstein Partners, the same firm that previously worked on the mixed-use development at 25 Kent in Williamsburg.
While new developments are typically accompanied by fears of gentrification and displacement, local elected officials have supported the project because of its economic potential.
“Our small business community has been walloped by COVID-19, and though the impacts have been inequitably distributed, few businesses have been spared from the economic fallout,” said Borough President Eric Adams. “Acme Smoked Fish’s expanded facility will help boost local employment, while accommodating growth that is critical to helping Greenpoint, Brooklyn, and New York City thrive.”
The developer estimates the project will create up to 2,000 jobs, many of which will utilize union labor. Construction at the site is set to begin later this year and is expected to last until 2025.
“Acme Smoked Fish has been an integral partner in our community now for four generations,” said Councilman Stephen Levin. “It supports more than 100 good union jobs, and is a great source of pride that Brooklynites share with people all around the world who love their smoked fish products.
“I’m confident that we reached a plan that will help Acme grow their community presence, while ensuring that this space remains a generator of good, middle-class jobs, for long into the future,” he added.