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Nets Basketball - Press Release

Steel for the Barclays Center in Brooklyn Begins to go Vertical

World-Class Arena on Schedule to Open Summer 2012

November 23, 2010

BROOKLYN, N.Y.The erection of steel began today at the Barclays Center at Atlantic Yards in Brooklyn, Bruce Ratner, Chairman and CEO of Forest City Ratner Companies, the developer of the arena, said today. The first components for vertical construction, including beams, girders and trusses, will be used for the main arena, façade support and the canopy.

“The installation of steel is always a major milestone for a construction project,” said Mr. Ratner. “With the foundation work largely done, we are now poised to go vertical. Over the next several months, the Barclays Center will begin to take on the iconic shape that we believe will make the arena a worldwide destination and Brooklyn an international city.”

“Progress on the Barclays Center spells great things for Brooklyn and its future,” said Brooklyn Borough President Marty Markowitz. “This project will bring jobs, affordable housing and economic opportunity, as well as a triumphant return to major league sports for the greatest fans in the world—Brooklynites.”

Steel erection will begin between the Event and Main Concourse level and progress east in a clockwise direction. Most of the initial activity will be along Atlantic Avenue.

One hundred tons of steel arrived at the site last week. Approximately 10,500 tons of steel will be used for the Barclays Center. The structural steel is being fabricated by Banker Steel Company in Lynchburg, VA. Steel will be erected in the field by J.F. Stearns Company and Ironworkers Local 40 using Liebherr LR 1300 and 1350 crawler cranes.

The Barclays Center is on schedule to open in the summer of 2012.

PLEASE NOTE: Photographers and reporters interested in documenting the work, please contact Brian Moriarty via email (brian_moriarty@dkcnews.com). We can accommodate you on the roof of Atlantic Center at the intersection of Atlantic and Flatbush Avenues in Brooklyn between the hours of 12:30 p.m. and 2:30 p.m. today.  You will need to enter Atlantic Center at Atlantic Avenue at Fort Greene Place and proceed to the third floor and then go to the hall that overlooks the site. But you need to RSVP Brian Moriarty at 212.981.5252 or Daniel Roberti at 212.981.5133 so they can inform the people who will meet you there and take you to the roof.

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