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Tuesday
Sep112012

IndyCar Race Engine Design Company Building New Facility On Former NYC Brownfield Site

Cleaning up its polluted brownfields is proving to be a commercial boom for New York City’s real estate market where space is always scarce and at a premium. The newest high profile business to take advantage of this cleanup is the IndyCar race engine design company ayton Performance.

Mayor Michael Bloomberg, Daniel Walsh, director of the NYC Office of Environmental Remediation, and Ethan Bregman, owner and engineer of ayton Performance announcing that ayton will open its new race engine design facility on a former brownfield site remediated under the New York City Brownfield Cleanup Program.

ayton will build its new facility in the Williamsburg section of Brooklyn on Metropolitan Avenue. The property was left vacant for 27 years until last February when it was enrolled in the NYC Brownfield Cleanup Program.

The environmental cleanup is expected to be completed by the end of this month with development and construction to follow. The new facility is expected to open next summer, expanding ayton’s work in designing racecar engines, and consulting services for companies including Porsche, Honda, and General Motors.

Ethan Bregman, owner and engineer at ayton, announced at the press conference in front of the construction site that the “project has moved forward smoothly and our development has kept on schedule.”

Bregman praised the cleanup saying, “I’d recommend the brownfield cleanup program to anyone considering building on contaminated land in New York City.”

Once the cleanup is completed, the site will receive a New York City Green Property Certification. ayton then plans to hire eight new employees to fill positions including three high-tech permanent jobs.

ayton is an impressive company with its race engines having won several American and World Championships, including the 24 Heures du Mans in France, the Rolex 24 at Daytona, and world GT2 titles with clients including GM, Porsche, and McLaren.

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