This article is about the arena in New York City. For the arena in Hamburg, see Barclays Arena. For the subway station, see Atlantic Avenue–Barclays Center station.
US$1 billion[5] ($1.33 billion in 2023 dollars[7])
Architect
AECOM (Ellerbe Becket) SHoP Architects
Project manager
Forest City Ratner Companies
Structural engineer
Thornton Tomasetti
Services engineer
WSP Flack + Kurtz
General contractor
Hunt Construction Group[8]
Tenants
Brooklyn Nets (NBA) 2012–present LIU Sharks (NCAA) 2012–present New York Islanders (NHL) 2015–2020 Long Island Nets (NBA D-League) 2016–2017 New York Liberty (WNBA) 2021–present New York Mavericks (PBR) 2024-present
Website
barclayscenter.com
Barclays Center (/ˈbɑːrkliz/BAR-kleez)[9] is a multi-purpose indoor arena in the New York City borough of Brooklyn. The arena is home to the Brooklyn Nets of the National Basketball Association and the New York Liberty of the Women's National Basketball Association.[10] The arena also hosts concerts, conventions and other sporting and entertainment events.
The arena is part of a $4.9 billion future business and residential complex now known as Pacific Park.[11] The site is at Atlantic Avenue, next to the renamed Atlantic Avenue–Barclays Center subway station on the 2, 3, 4, 5, B, D, N, Q, R and W routes, as well as directly above the LIRR's Atlantic Terminal.
The arena, proposed in 2004 when real estate developer Bruce Ratner purchased the Nets for $300 million as the first step of the process to build a new home for the team,[12] experienced significant hurdles during its development. Its use of eminent domain and its potential environmental impact[13] brought massive community resistance, especially as residential buildings and businesses such as the Ward Bakery and Freddy's bar[14] were to be demolished and large amounts of public subsidies were used, which led to multiple lawsuits. The global recession of 2009 also caused financing for the project to dry up. As a result, construction was delayed until 2010, with no secure funding for the project having been allotted. Groundbreaking for construction occurred on March 11, 2010, and the arena opened on September 21, 2012, which some 200 protesters also attended.[6] Its first event was a Jay-Z concert on September 28, 2012.[6][15]
The arena is owned by the State of New York's Empire State Development authority through a public entity named the Brooklyn Arena Local Development Corporation.[1] It is leased by Brooklyn Event Center LLC, owned by Brooklyn Nets owner Joseph Tsai, with operations (and associated revenue) managed by Tsai's BSE Global.[16]
^ ab"No, Mikhail Prokhorov doesn't 'own' the Barclays Center". CityandStateNY.com. April 19, 2018. Retrieved August 15, 2019.
^"Barclays Center - About Us". BarclaysCenter.com. Retrieved August 15, 2019.
^Ozanian, Mike (December 23, 2015). "Prokhorov Buys Brooklyn Nets And Arena From Ratner For $1.7 Billion". Forbes.
^"Current management seen as continuing at Barclays Center (operating company), though not clear how long; why is Ratner selling for seeming low price?". Atlantic Yards Report. October 21, 2014.
^ ab"The NBA Comes to Brooklyn". Construction Digital. August 1, 2011. Archived from the original on October 18, 2011. Retrieved August 4, 2011.
^ abcDurkin, Erin; Hutchinson, Bill (March 11, 2010). "Atlantic Yards Ground-Breaking Event Marked By Politicians, Pop Star and Protests". New York Daily News. Archived from the original on March 14, 2010. Retrieved March 11, 2011.
^1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda(PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States(PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–". Retrieved February 29, 2024.
^"Hunt awarded construction contract for the Barclays Center". huntconstructiongroup.com. November 26, 2009. Archived from the original on May 9, 2012. Retrieved April 29, 2012.
^"2016–17 NBA Pronunciation Guide (Start of Season)" (PDF). National Basketball Association. Retrieved September 24, 2018.
^Hunt, Christopher (September 26, 2011). "Jay-Z: Team to be Brooklyn Nets". ESPN. Archived from the original on September 29, 2011. Retrieved September 26, 2011.
^"About Atlantic Yards". Empire State Development Corporation. Archived from the original on September 19, 2012.
^Sandomir, Richard; Bagli, Charles V. (January 21, 2004). "Brooklyn Developer Reaches Deal to Buy New Jersey Nets". The New York Times. Retrieved October 4, 2012.
^"Intelligencer: Atlantic Yards, Inch by Inch". New York magazine. March 29, 2009.
^Fahim, Kareem (April 30, 2010). "Last Call Looms at Freddy's, in the Path of Atlantic Yards". The New York Times. ISSN 0362-4331. Retrieved August 16, 2023.
^"Barclay's Center Opens In Brooklyn". nymn.com. September 28, 2012. Archived from the original on October 4, 2012. Retrieved September 28, 2012.
^"Joe Tsai Completes Acquisition of Full Ownership of Brooklyn Nets and Barclays Center – BSE Global". September 18, 2019. Retrieved September 18, 2019.
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