The Brooklyn Marine Terminal Development Corporation (BMTDC) was formed after the Brooklyn Marine Terminal Task Force approved the vision plan in 2025, to take the redevelopment of the Brooklyn Marine Terminal from vision to reality.
Local development corporations like the BMTDC are common in major New York redevelopments, since they are not subject to the same debt limits as municipal governments.
The BMTDC board has met since December 2025. Board meetings and the plan for the 122 acre terminal, from Atlantic Avenue to Red Hook, are on the Brooklyn Marine Terminal page.