Barclays Center

The Barclays Center is a sports arena currently under construction in Brooklyn, New York City. The arena is being built partly on a platform over the Metropolitan Transportation Authority-owned Vanderbilt Yards at Atlantic Avenue. It is part of a proposed $4.9 billion sports arena, business and residential complex. The arena is intended to serve as a new home for the National Basketball Association's New Jersey Nets, currently based at Prudential Center in Newark, New Jersey.

The arena was first announced to open in 2006, with the rest of the complex to follow; however, controversies involving local residents and the use of eminent domain as well as a lack of funding have delayed the project.[2] The project is being developed by developer Forest City Ratner, who acquired the Nets in 2004, with the purpose of moving them from New Jersey to this site near the Atlantic Avenue-Pacific Street New York City Subway station and the Long Island Rail Road's Atlantic Terminal in Brooklyn, one of the most transit-accessible locations in the city. The move would mark the return of major league sports to Brooklyn, which has been absent since the departure of the Dodgers to Los Angeles in 1957 (their proposal for the world's first domed stadium at the Atlantic Yards to replace the unprofitable Ebbets Field had been turned down by the city in the past).

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