Construction projects get a boost from a $2 billion, 7-year funding plan

NEW YORK — A $2.9 billion project to transform a vacant lot in Brooklyn into a commercial district has received $2 million from the New York City Department of Transportation.

The $1.7 billion, seven-year transportation plan for the Brooklyn-Queens Expressway is being touted as a major project to attract investment and create jobs in the area.

The new development includes a mixed-use, mixed-income, mixed uses development with retail and office space.

It is expected to include more than 200 units of housing.

“This is going to create millions of new jobs in this area,” said Mayor Bill de Blasio.

“We’re working with a major transportation agency to make sure that these jobs can be created.”

The development also includes a 1,000-space parking garage and a 2.5-acre park.

For years, Brooklyn residents have complained about noise, traffic and parking, and the city is working to address the concerns, but the development is expected in the coming months to have a much quieter vibe.

New York City Transit announced the $2-million grant Wednesday, saying it will provide $1 million to the New Jersey Transit Department to help with transportation infrastructure.

De Blasio has said the project will be the largest such transportation investment in the city’s history.

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